IW News


Carnegie Mellon hopes vehicle will drill on moon

10/09/2014

The CMU Robotics Institute and the spinoff firm, Astrobotic Technology Inc., hope to launch the Polaris prototype on a rocket bound for the moon in October 2015.

Read more and watch the video at WTAE-TV



3 Rivers Capital Fair at Heinz Field brings investors, startups together

10/08/2014

“Pittsburgh is increasingly becoming a Midwest magnet, offering a slower, more deliberate pace of deal-making for investors looking for new companies with big ideas, say startups and investors.”

Read more in the Pittsburgh Tribune-Review


Pittsburgh startups catch eyes, pockets of venture capitalists

10/06/2014

Funding to local startups in the first nine months of 2014 was more than $250M due in part to improving economy, an oversaturation of investors in Silicon Valley and greater visibility of research from Pittsburgh’s Universities. 

Read more in the Pittsburgh Tribune Review


Innovation Works debuts $24M fund

10/06/2014

“We’re actively looking for opportunities,” Lunak said.  “We can do another nine to 14 deals.”

Read more in the Pittsburgh Business Times 



Pittsburgh venture capital grows with investment, new fund: seed funder Innovation Works launches Riverfront Ventures.

10/06/2014

Innovation Works announces Riverfront Ventures, a nearly $24M fund to fuel local, early-stage companies.

Read more in the Innovation Works press release



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Innovation Works is the Ben Franklin Technology Partner of Southwestern PA and is supported by the Department of Community and Economic Development.

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