VentureSouth

VentureSouth names director for operations in Triangle

Posted by WRAL TechWire | Sep 12, 2023

VentureSouth, rapidly emerging as a leading investor in early-stage startups across the Triangle and southeast, has a new director for its Triangle opreations.

Wilmington fintech Approve lands $3M, plans to add 50 jobs

Posted by WRAL TechWire | Jun 1, 2023

Approve, a fintech startup, is fueling up its growth plans with $3 million in new funding. And the Wilmington-based company says it will more than double its headcount and is looking for headquarters space.

VentureSouth ramps up operations in the Triangle, appoints director

Posted by WRAL News | May 25, 2022

Brett Danforth, a former managing director of the Wolfpack Investor Network, has been appointed to be the director of the VentureSouth Triangle chapter.

NC startups make up more than half of VentureSouth’s deal flow in 2020. Here’s why

Posted by WRAL News | Feb 18, 2021

WRAL TechWire’s Chantal Allam had the chance to speak with Matt Dunbar, VentureSouth’s co-founder ad managing director, about how and why the angel group he leads did so much business in NC during 2020. Here’s what he had to say.

Despite pandemic, VentureSouth angels invest $9.2M in 26 startups including 14 from NC

Posted by WRAL News | Feb 18, 2021

Among the companies drawing investors from Venture South: Kwipped in Wilmington, ProctorFree in Charlotte, Reveal Mobile, Get Spiffy, Altis Biosystems, Baebies, and UVision from the Research Triangle. Read more here.

Durham-based Altis Biosystems sells unique human cell platform for more accurate drug-testing

Posted by WRAL News | Jul 31, 2020

Altis Biosystems has developed a unique platform for testing drugs for intestinal disease that can make drug discovery faster, cheaper, and safer, and reduces the need for animal testing.

Despite pandemic, VentureSouth invests roughly $4M in 17 startups including 3 in RTP

Posted by WRAL News | Jul 10, 2020

VentureSouth said the sum invested matched last year’s record for companies funded in a six-month period — with nearly two-thirds of the capital was deployed after the onset of pandemic quarantines in March.