Quantcast
Last updated on April 17, 2014 at 12:17 EDT

Latest Accelerator Fund Stories

2014-04-09 16:25:44

Organization Closes $265,000 in Investments from Economic Development Funds and Makes Positive Impact at World's Largest Gathering of Angel Investors PITTSBURGH, April 9, 2014 /PRNewswire/ -- Pittsburgh Life Sciences Greenhouse (PLSG), Western Pennsylvania's only pure life sciences investment firm, and managing member of the PLSG Accelerator Fund, LLC reported today a strong first quarter with more than $265,000 in closings in three different portfolio companies including Cohera...

2013-06-14 08:25:47

PITTSBURGH, June 14, 2013 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG) today announced a reduction in staff and levels of investment that were necessitated by delays in portfolio company exits caused primarily by the current overall investment climate and the uncertainty of state funding. PLSG President and CEO, John W. Manzetti said, "As the region's only pure life sciences investment firm, the actions taken this week, which were approved by the PLSG Board of Directors,...

2011-12-22 08:22:00

PITTSBURGH, Dec. 22, 2011 /PRNewswire/ -- Intimate Bridge 2 Conception, Inc. (Ib2C(TM)), a Pittsburgh-based direct-to-consumer medical device company that is focused on reproductive health, announced today that it has closed on a $4.3 million Series A financing. The round was led by a private, Pennsylvania-based investment group and was joined by the PLSG Accelerator Fund. Ib2C will use the proceeds of this round for manufacturing and marketing to prepare for the launch of its...