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New Haven, CT (PRWEB) March 23, 2022 Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ....
Connecticut Innovations, the state s quasi-public venture capital arm, invested $9.4 million in Connecticut companies during the third quarter of the 2021 fiscal year, which ended March 31. CI s total third-quarter investments amounted to $2.2 million more than the venture fund invested in fiscal 2021 s second quarter. Bioscience and healthcare information companies received the greatest share of CI s third-quarter investments with $6.5 million, followed by IT companies, which received $1.8 million. We continue to see investment opportunities across all technology sectors and look forward to accelerating momentum through the end of the fiscal year, David Wurzer, CI s executive vice president and chief investment officer, said. CI s investments for fiscal 2021 s second quarter include: ....
Connecticut Innovations Invests $9.4 Million in Early-Stage Companies in FY 2021 Q3 Share Article Deals leveraged nearly $124 million in outside capital in the third quarter of the fiscal year CI had a great quarter, investing in some of the most promising technology companies in the state. NEW HAVEN, Conn. (PRWEB) May 25, 2021 Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that it invested $9.4 million across 36 transactions during the third quarter of its 2021 fiscal year, ending March 31, 2021. In terms of investment breakdown, CI invested approximately $6.5 million in bioscience and healthcare information technology companies and $1.8 million in IT companies. The additional funds were allocated to companies spanning a variety of indust ....