AJ Steigman wants to play a high stakes board game with Peter Thiel, co-founder of PayPal. Steigman is looking to win a million dollars in series A funding for his startup company Soletron.
While there are advantages, from university research to low overhead to good quality of life, the lack of venture capital and a weak transportation system are challenges.
Innovation Works will award up to $800,000 in technology commercialization funding to universities, early-stage and established companies anywhere in Pennsylvania. Individual projects are eligible for up to $100,000.
CONSOL Energy has made an initial $500,000 investment to acquire a minority stake in Epiphany Solar Water Systems, a small company in New Castle, to test Epiphany's proprietary, solar-powered, water purification system.
A shift in the venture capital industry toward later-stage firms has created problems for entrepreneurs looking for early capital. Will successful exits change that in Pittsburgh?
South Side-based Invivodata is expanding, adding 28,000 square-feet of space to its office in the Commerce Court building in Station Square. Hiring is underway.
This week, we learn that Ben Franklin Technology Partners of Northeastern Pennsylvania has opened its coffers to several more early-stage firms that show promise.
Ben Franklin Technology Partners of Northeastern Pennsylvania has invested $342,547 in seven firms.
This snapshot of success indicators includes walkability (good) to venture capital (not bad), restaurant variety (not good) and college attainment (better).
Vintage online retailer ModCloth has closed a $25 million round of funding that will support company expansion and major hiring at Modcloth's three locations in Pittsburgh, Los Angeles and San Francisco.