News

RESEARCH TRIANGLE PARK, N.C.

Apr 12, 2017

Triangle startups raise $66.7 million in venture capital

A dozen Triangle startups raised $66.7 million in venture capital in the first quarter, a decent start to the year but significantly less than each of the preceding three quarters.

The amount of money raised by up-and-coming Triangle companies in the quarter was roughly on par with the first quarter of 2016, noted Laura Robinette, who heads the Raleigh office of accounting firm PricewaterhouseCoopers. The latest data was compiled and released by the accounting firm and CB Insights.

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Agtech accelerator, established in 2016 in research triangle park, is a unique startup accelerator vehicle focused on discovering and developing emerging agricultural technology companies. Leveraging its single, highly engaged, shared management team, committed Investors and academic institutional partners, Agtech accelerator identifies, forms, finances and Manages the most promising emerging agriculture companies to drive commercialization.

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