AlphaLab Gear launches to accelerate growth of companies building physical products
05/06/2013
Innovation Works, one of the country’s most active seed-stage investors, in collaboration with Startbot, is launching AlphaLab Gear (www.alphalab.org/gear), a hardware and robotics startup accelerator that provides physical product companies with investment, manufacturing equipment and mentorship in a collaborative work space.
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Pittsburgh's positive investment growth bucks national trends according to Ernst & Young and Innovation Works report
04/10/2013
While the rest of the nation generally saw declines in the number of venture capital dollars and deals last year, Pittsburgh’s investment scene roared to life with a 54% increase in the number of financing deals while investment totals also outpaced the previous year. In a joint report entitled “Optimizing Opportunities,” Ernst & Young and seed-stage investor Innovation Works report that over a five-year period deals and investment levels increased, mergers and acquisitions increased and the stage has been set for future growth.
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Funding Cycle Open for IW’s Technology Commercialization Proposals in
04/08/2013
Innovation Works is accepting proposals for the latest funding cycle of the Technology Commercialization Initiative (TCI), a statewide effort to commercialize Pennsylvania’s university research and/or corporate innovation in robotics and advanced electronics.
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$1.2M is Just the Right Fit for Shoefitr's Series A Round
10/27/2011
OCT. 27, 2011 -- PITTSBURGH, PA – Shoefitr, an early-stage technology company that helps online shoe shoppers find the right fit, has received $1.2 million in funding from Maryland-based Vital Financial LLC and Pittsburgh investor network BlueTree Allied Angels. Innovation Works, a seed-stage investor in Pittsburgh-area startups, also participated in the round.
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$1.95M Secured by Pittsburgh Organizations for Federal Jobs and Innovation Program in Underserved Communities
09/26/2011
Three Pittsburgh organizations announced today that they have been awarded $1.95 million from the federal government to accelerate the creation of jobs and economic growth in underserved communities that have, to date, not benefitted from the resurgence of industries such as energy and healthcare.
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