Aphora Health raises $2.1 million in seed round
Aphora Health, a global healthcare services company, headquartered in Cary, North Carolina, has raised $2.1 million in its seed funding round.
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raising venture capital
Jim Roberts: Wilmington startup ecosystem matches beauty of the coast
The largest venture capital fund in the South is based at the beach in Wilmington, NC.
Read MoreSOAR MENTEE: Psychologist Turned Gaming Guru Combats Kids Social Issues With Play
This is the third in a series of profiles on the first four women to be mentored by SOAR, a new Triangle area organization to help female entrepreneurs raise capital and grow their companies. SOAR is funded by Google for Entrepreneurs as part of its #40Forward initiative to support women in startups. Melissa DeRosier is a clinical psychologist who moonlights as a gamer, an author and a CEO. DeRosier fits no stereotype. That’s because she’ll do whatever it takes to accomplish a single mission – to change the lives of kids with mental, social and behavioral issues. The work...
Read MoreRaleigh EdTech Startup Heads to NYC for Prestigious Kaplan-Techstars Accelerator
If you’ve seen Lea(R)n Founder Karl Rectanus in the last few days, you’ve probably noticed the big grin on his face and fast pace in his step. Today it all makes sense. The news he’s been sitting on for weeks came out this morning – that his startup would join the elite Kaplan EdTech Accelerator powered by Techstars. By afternoon, he’ll be on a plane to New York City to join 11 other startups from around the nation for funding from Kaplan and Techstars and three months of intense mentorship and business-building. They were chosen from a pool of...
Read MoreA Rant Against Bad Startup Advice
Every so often, I find myself at odds with a particular bit of conventional startup advice. Usually, the advice starts out as an innocuous one-liner bequeathed to me that I’ve re-gifted to others and, at face value, it may make perfect sense. But at a certain point, the advice gets so blown out of proportion that it loses context. Eventually, it becomes something less than helpful. In extreme cases, it can become harmful. That’s when I open my big mouth and get all contrarian. The last time I went on such a rant was over advice concerning our startup...
Read MoreDave McClure’s (Expletive-Filled) Tips for Raising Money from 500 Startups
Dave McClure might have Silicon Valley chops but he’s got a Redneck’s attitude. And that’s what made Tuesday night’s “fireside” chat at Durham’s Full Frame Theater so much fun. The founder and head of 500 Startups is in town this week, before he jets across the world to the Middle East and 500 Startups’ new offices in Malaysia. It’s his first visit to North Carolina since an ultimate frisbee match in Wilmington two decades ago. But he was born and raised not too far north of here, in West Virginia. That’s where he says he earned Redneck status (he...
Read MoreThe Less Obvious Reason Why We Need More VC Funds
The typical mantra of startup community promoters is that capital is a region’s greatest need. Companies just can’t grow without it. And in the Triangle, the lack of Series A funding is the specific problem. I can’t tell you how many people have lamented to me in recent months about the lack of growth-stage funding, and “since Intersouth stopped doing deals.” The common theme here is that startups are perplexed—they have needs that aren’t being met. But what about the wealthy individuals with money to spend? Part of the reason venture capital firms exist is because of them. Yesterday’s...
Read MoreGrowing Companies Need Prompt CED Refocus
Joan Siefert Rose has spent six years as president of the Council for Entrepreneurial Development, considered the oldest and largest entrepreneurial support organization in the country. She previously worked in commercial and public broadcasting. Access to capital. It’s the top item on the wish list of any entrepreneur. CED last summer commissioned a survey of 40 tech and life science entrepreneurs, and, not surprisingly, raising capital remains the main ‘pain point’ for founders. So we are rededicating ourselves to improving the odds. That same survey, conducted by UNC’s Kenan-Flagler Business School in partnership with NC IDEA, found that starting...
Read MoreHow to Raise Money for Your Startup
I have a confession to make. I’m a serial entrepreneur – currently on my fourth business – who has never raised venture capital. Sure, my last company had a few angel investors; but securing friends-and-family money is a very different experience than running the gauntlet with VCs and organized angel groups. Or so I’m told. But what if you want to raise venture capital for your startup? Where do you begin? How about by talking to the CEOs and investors that have had previous success with early stage fundraising? On January 29th and February 5th some of the Triangle’s...
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