BDS Capital raising up to $40M for new tech fund
By GREGORY ZELLER // BDS Capital Management is doubling down on technology with a second venture fund that will invest between $25 million and $40 million, largely in Long Island…
Finance
Riverhead in line for state housing support
The state announced $141 million in support for affordable housing projects, including $5.4 million for a planned Riverhead development. The Finger Lakes region (six total awards for $26.5 million) will…
State launches women-focused investment fund
New York State is unwrapping a $2 million investment fund to support minority- and women-owned business enterprises. The MWBE Investment Fund, managed by Rochester-based venture capital firm Excell Partners, will…
Sharestates lands $30M to expand RE investments
Sharestates, the Great Neck-based online real estate investment platform, announced a $30 million commitment from Ranger Direct Lending Fund that will expand the startup’s direct lending in residential, commercial and mixed-use properties…
DEBRIEF: Michael Faltischek, LI Angel Network
As chairman of the board of the Long Island Angel Network – which has reviewed over 600 financing applications and brokered in excess of $5 million in investments – attorney…
CEWIT residents soft pitch the Angels
The board of the Long Island Angel Network heard presentations from four aspiring companies on Friday and, for a change, not one of them was asking for money. Soliciting investments…
Accelerate LI to partner on $1.5M seed fund
New York State has awarded $1.5 million to a new seed fund designed to invest in downstate companies commercializing research from local laboratories and universities. The fund will be administered…