by Chantal Allam — February 18, 2021 .
GREENVILLE, S.C. – More than half of VentureSouth‘s deal flow originated in the Old North State in 2020.
The angel investment group, headquartered in Greenville, South Carolina, invested nearly $9.2 million in 26 early-stage companies last year — including $5.1 million in 14 companies from North Carolina, the most of any state.
Among the companies receiving follow-on investments: Kwipped in Wilmington, ProctorFree in Charlotte, Reveal Mobile, Get Spiffy, Altis Biosystems, Baebies, and UVision from Research Triangle.
New investments included Live Furnish in Winston-Salem, an image production technology platform for the furnishings industry; Durham-based Seal the Seasons, a locally-sourced frozen fruits and vegetable company; and Soelect, a Greensboro-based startup that is working on commercially viable, low-cost solution for solid-state battery.