Research Triangle-based Biofidelity raises $24 million
Biofidelity, a genomic technology company with headquarters in the Research Triangle Park, has raised $24 million from investors in a new round of funding.
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$25 million investment paves way for growth at Concord plant, Durham facility
A New York company that makes paving stones and retaining walls plans to spend $25 million on a manufacturing plant in Concord and a distribution yard in Durham.
Read MoreEight rural N.C. counties share $1.4 million in grants for economic projects
The grants approved by the North Carolina Rural Infrastructure Authority will range from $25,000 in Boiling Springs and Bryon City to help restaurants open new places to $500,000 for Thomasville to expand a sewer line to Nucor’s $350 million steel product manufacturing plant now under construction.
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Raleigh startup CarePICS has new investor, potential acquirer
The Raleigh-based telehealth startup CarePICS has a new investor, and potential acquirer, after inking a deal with a publicly traded company specializing in cardiovascular health.
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INVESTinNC: Rich folks aside, here’s a peek into how the rest of us invest
With the advent of investment or equity crowdfunding, the number of people with the ability to invest in start-ups and early-stage companies has dramatically increased to include nearly anyone with at least an average income.
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INVESTinNC: What everyone should understand about investment crowdfunding
While bank loans, angel investments and venture capital continue to remain elusive to the vast majority of small business owners, the concept of crowdfunding has evolved to include actual investment opportunities.
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Techstars, with strong presence in the Triangle, nabs $42M in investment
The Boulder-based company this week announced the fundraise led by SVB Financial Group, the holding company of Silicon Valley Bank, with additional participation from existing investors including Foundry Group.
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How crowdfunding changes the game for investors
The NC PACES Act is a state law that allows small businesses and startups to accrue capital through investment crowdfunding.
Read MoreSharpVue Capital wraps up $13M fundraiser
SharpVue Capital, a year-old investment firm closely aligned with Medical Mutual, has wrapped up a fundraiser totalling $13 million for a new private equity fund. The completion of the investment was disclosed in a securities filing, The money came from 89 investors. SharpVue was formed in 2016, formed with $100 million in capital from Medical Mutual and led by Lee Roberts, who left his post as N.C. state budget director in the Pat McCrory administration. Roberts serves as one of two managing directors. Private equity approach “By focusing on geographic markets we know and understand and maintaining a flexible...
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