Summary
Eight local start-up technology companies have raised more than $1 million in private investment since making presentations at the first-ever Pittsburgh Angel Venture Fair held in February, Innovation Works announced Monday. Each company had 90 days after the fair to raise a minimum of $100,000 to trigger an additional investment of up to $50,000 per company by Innovation Works. The better-than-expected results prompted Innovation Works to increase the pool of the "challenge investment" from the $250,000 originally set aside to nearly $400,000 so the companies could each receive the maximum investment under program guidelines. Firms that received the challenge investments are: Carnegie Speech Co. Inc., Oakland; ChemDAQ Corp., Neville Island; FireFly Power Technologies LLC, Ligonier; Mid-Market America Inc., Ross; PetsDx Inc., Shaler; Proteopure Inc., Hazelwood; StageMark Inc., South Side; and Thorley Industries, Strip District.
Icahn buys stake in ConsolSee the full content of this document
Extract
8 Tech Firms Raise $1 Million in Investment
Icahn Management L.P., the company run by billionaire financier Carl Icahn, owned 1.36 million shares of Consol Energy Inc. as of March 31, according to a Securities and Exchange Commission filing. "I don't think ...
See the full content of this document
Sponsored links
