It took years of meticulous organizing, thoughtful strategy and a year-long beta to bring Dropsource‘s mobile app development tool to launch. Once it had established a recognized brand among mobile developers and received solid validation from beta users, Dropsource came out of stealth mode this summer ready to dominate...
Read MoreLast year, the RTP-based biotech company Humacyte raised $150 million, raking in the largest life science investment and the second largest of all deals in North Carolina in 2015. The company took an unusual—but increasingly more common—path to raise the funds. Rather than approaching venture capitalists or angel investors, executives signed on as investors 27 family offices from places as far flung as Hong Kong, Dubai, Russia and Kuwait. Only a few investors were from the U.S. Humacyte’s story is significant because it highlights several trends in North Carolina’s startup ecosystem, all of which contributed to a blockbuster 2015 that brought nearly $1.2...
Read MoreAs we previously reported, North Carolina’s startups had a good third quarter in 2015—at least in terms of venture capital fundraising. North Carolina placed fifth in overall venture capital raised. North Carolina startups raised more in one quarter than in any quarter since 2000. And with 143 investment deals already inked between investors and entrepreneurs, it’s likely 2015’s final deal count will outpace 2014’s 180 deals. But how does North Carolina compare to other states? And how are North Carolina cities doing when compared to each other? Quarter four data won’t be out until sometime in 2016, but until then...
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