Nicely done, Asheville. A new CED study reports that five AVL-based ventures secured 9 investment deals totaling about $14 million last year. The funded companies spanning life sciences, tech, and cleantech include:
- Theraworx – over $7 million raised
- Genesys Global
- Phytonix
- Ideal Medical Technologies
- Sonic Payments
Asheville’s 9 deals trail just behind Charlotte with 14 and the RTP with 22 deals. The $1.18 billion in NC equity funding raised is a staggering 122% increase from 2014 and a 200% increase from 2013. Notably, 75% of institutional investors doing deals with NC ventures live out of state, with deals by California and New York investors trailing NC-based investors.
Read report highlights about NC Equity Funding in Exit Event.
View the CED’s report online.
