Our portfolio company SimpliFed was named one of MIT's most innovative startups of 2022! The entrepreneurial spirit of New York and the people of my district is alive and well, and thanks to this new program, more young companies will be given an opportunity to succeed.". -- 5The Average Large Cap Fund is represented by the equities in the Lipper Average Large Cap peer group. Iterative Health - Jonathan Ng Visit a quote page and your recently viewed tickers will be displayed here. IPO Insights. Index Current performance may be New York Ventures partners with diverse teams that are using technology to solve important challenges in areas of strategic interest and importance. Inception is 2/17/1969. Many of our companies have a strong Cornell University technology connection. Led by a team of technology innovation experts, Technology Opportunities and Ventures evaluates and creates intellectual property (IP) strategies to help commercialize the outputs of NYUs $930 million research base, and finds external partners that take on the creation of products. Governor Hochul Announces Launch of $30 Million Pre-seed and Seed Matching Fund Program, https://esd.ny.gov/pre-seed-and-seed-matching-fund-program. https://lnkd.in/gehApWBS https://hubs.la/Q01xBBhm0. 2023 NYU Grossman School of Medicine. Our goal is to build a robust startup ecosystem across New York State, leveragingpublic and private sector assets. The goal of the Davis New York Venture Fund is to provide investors access to attractive investment opportunities among large cap, durable, well-managed businesses. Commentary: Morningstars fund ratings and other reader concerns, Commentary: New rating system is a game changer, Commentary: When a fund grabs the headlines, it might be time for a change. From 2012 to 2019, New York Ventures managed three successful Fund-of-Fund investment vehicles to support private fund partners and their investment activities. Something went wrong while loading Watchlist. With five partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. BOSTON (MarketWatch) -- Michael Weiss, editor of the Mutual Fund Investor newsletter, says investors should consider scaling back or getting out of microcap funds and emerging markets funds, noting that both areas have had Michael Weiss, editor of the Mutual Fund Investor newsletter, says that investors should consider scaling back or getting out of both micro-cap funds and emerging markets funds, noting that both areas have had strong perf ANNANDALE, Va. (MarketWatch) -- When I devoted my column one week ago to the virtues of patience and discipline in investing, I thought that I wouldn't return to the topic for quite a while. We actively look to provide greater access to venture capital for regions, industries and individuals, including women and minority entrepreneurs. We know how private capital can transform underserved communities and help operating businesses grow, and we work with clients and investors to generate double bottom line returns. Follow us on Instagram. expense ratio may vary in future years. Sounder:https://lnkd.in/eYeJvZUC ACV Auction (SCP Z80 Incubator),American Fuel Power (Excell Partners),Outmatch (Cayuga Venture Fund),Petra Pharma (Partnership Fund of NYC),Plated (ff Venture Capital),SpinCar (Stonehenge Growth Capital),Splyce (Excell Partners),Touchstream (SCP Z80 Incubator). Subscriber Agreement & Terms of Use | The total annual operating I am proud to deliver this boost to help support underserved businesses, invest in entrepreneurs and small businesses in key industries like manufacturing and technology, and create good-paying jobs in the communities that need them most. Opens in a new window. We are proud to directly contribute to the vibrant entrepreneurial community in and around the Finger Lakes region and particularly in Ithaca, New York. As steward of NYUs IP, Technology Opportunities and Ventures is responsible for evaluating, investing in, and licensing the results of the NYU research enterprise to third parties for the purposes of getting critical solutions to market and generating a fair and equitable return. New York Ventures Direct Fund is a venture capital fund managed by New York Ventures. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. I have not failed. This venture capital firm offers Seed to Series A+ funding to companies that are operational in NextGen Media, Web3, Enterprise SaaS, and Fintech sectors. We invest exclusively in New York City-based venturesboth for-profit and non-profitwith an overall job creation priority. This material must be accompanied or preceded by a current Davis New York Venture Fund Prospectus. Davis NY Ventures veteran managers remain well equipped to handle this aggressive, risky approach. The program will support the development of businesses in high-growth industries and the creation of 21stcentury jobs. It also fosters greater partnerships with biopharma and investors for new biotechnology startups by advancing early-stage innovations through key milestones to improve the licensability and marketability of technology. 6See "outperforming the market" link below. For more information on NY Ventures, visithttps://esd.ny.gov/venture-capital. With fresh thinking that leads to better returns, Stonehenge is not the same old style of investment firm, but something else entirely. This program addresses high-growth firms that are the backbone of an innovation economy. We are deliberate in our actions to make both a financial and social impact. Senate Majority Leader Charles Schumer said,"This new program, which is part of a $500 million federal investment I secured for New York, is the shot in the arm the state's small businesses need to recover from the pandemic and rebuild our local economies. Fees & Expenses Risk Measures Min. For most recent month-end Introducing a new way to monitor key areas of the world. Investor Insights. The venture fund is intended to make early-stage investments in NYU startups focused on improving human health and patient care. New York Ventures also manages three fully deployed venture capital legacy funds, including nine partner funds, that invested in seed and early-stage companies across the state. New York Ventures, a division of Empire State Development, is an early-stage venture capital fund that invests in high growth start-up companies that are led by diverse entrepreneurial teams, across all regions of New York State. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Were excited to welcome JelikaLite to the portfolio. 2. The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier and the Capital Region. Governor KathyHochultoday announced the launch of the $30 million Pre-Seed and Seed Matching Fund Program, which will offer early-stage start-up companies $50,000 to $250,000 in growth assistance which they will match with funds from private sector co-investors. Since 2005, over 3200 companies have applied to Golden Seeds for funding. #UVfreeLED #homeappliances #icemachine #refrigerationengineering #refrigeration #405nm #uvlight #uvdisinfection #disinfection #disinfectionlight #sanitizinglight #postcovid #influenza #mold #odor #antimicrobial #cleanhomes #cleanhome #healthtech. The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier and the Capital Region. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development. Kintra is a Brooklyn-based company developing bio-based synthetic fibers. I thank our federal partners for helping to secure this funding and extending a lifeline to New York's small business ecosystem. M&A Insights. Goals of the Fund, types of companies in the Portfolio, top holdings, Portfolio characteristics, and historical performance. Stonehenge Community Development has won eleven allocation awards through the Federal New Markets Tax Credit Program, making it one of the most successful CDEs in the country. Currently, he is the chairman of the New York Angels. Below you will find Submittable instructions to get started. Technology Opportunities and Ventures is responsible for executing a number of contracts related to NYU research, including, but not always limited to, materials transfer agreements (MTAs), nondisclosure and confidentiality agreements (NDAs/CDAs), corporate-sponsored research (SRA), and options, licenses, and startup agreements. Performance may vary. Our companies make a commitment to building a diverse workforce in New York State, generating new jobs and other economic activity. He is responsible for sourcing, recommending and managing investments in emerging technology companies. Excells Portfolio includes investments in Medical Device, Materials, Energy, Biotech, Agtech, Imaging, and IT/Software ventures across NY State. The fund Agreements for NYU technologies generally have upfront consideration, diligence obligations and payments, as well as a royalty on licensed products. The Innovate New York Fund, Minority & Women-Owned Business Investment FundandInnovation Technology Commercialization Investment Fundhave been fully deployed. Stonehenge invests with a purpose, transforming our nations workforce and communities. but will consider any US-based (Delaware C-corp) startup with exceptional founders that have an unfair advantage. We invest in exceptional founders from diverse backgrounds who solve large-scale problems using innovative technologies in the following sectors: Climate Technology, Health Tech and Life Sciences, Ag-tech Systems, Advanced Manufacturing, SaaS, Data, and AIand other critical technologies. Attractive Growth. We believe that doing more with investments means doing more for businesses and communities that are often overlooked or underserved by most investment firms. The fund invests in exceptional founders from diverse backgrounds who solve large-scale problems using innovative technologies in the following sectors: climate technology, health tech and life sciences, ag-tech systems, advanced manufacturing, SaaS, data, and AI and other critical technologies. Our goal is to build a robust startup ecosystem across New York State, leveraging public and private sector assets. The state has devoted $100M to a direct investment venture capital fund that is actively deploying capital. Opens in a new window. According totheVC Capital Surveywhich was conducted by NVCA, Venture Forward, and Deloitte, in 2020, only 3percentof investment partners wereBlack or African American, only 4percentwere Hispanic or Latino, 15percentwere Asian or Pacific Islanders and only 16percentof investment partners were female. All Rights Reserved. Heres Why. ", Representative Gregory W. Meeks said,"I applaud Gov. Unique among state-funded venture capital programs, Innovate NY Fund recognizes effective statewide growth must include its lower income populations. Cayuga Venture Fund is based in Ithaca, New York. Minority & Women-Owned Business Investment Fund, Innovation Technology Commercialization Investment Fund. Bounce is a Buffalo-based company that makes 360-degree throwable tactical cameras and sensors for law enforcement and first responders. 1Class A shares, not including a sales charge. Exciting news from New York Ventures and NYSTAR our new Pre-Seed and Seed Matching Fund Program is live! higher or lower than the performance quoted. 2 Lower than Average Turnover 2As of December 31, 2021. There will be a focus on expanding access to venture capital across New York State, particularly for historically marginalized individuals, including entrepreneurs of color, and underserved regions. Our SpliceCore AI platform will use Queen Marys de-identified data to further explore the role of alternative splicing in hematopoietic cancers for research and development. This is a profile preview from the PitchBook Platform. Our objective is to ensure any obligations placed on research support our core principles of freedom of inquiry, publication, and dissemination of results, while retaining the ability to leverage these results into solutions that generate positive societal and financial returns. Funding can include prototype development, hiring regulatory consultants to collaborate on designing a commercial path, animal studies to help deliver proof-of-concept results, or other areas that help advance the innovation and attract commercial partners. The Davis New York Venture Fund has significantly outperformed the S&P 500 Index since its inception in 1969. Our aim is to benefit the public while also providing resources to support NYUs research, education, and patient care missions. New York State has been awarded more than $500 million in federal SSBCI funding, including a total of $219 in equity funding to be used for: an additional $35 million for Weve also launched three fund-of-funds through a program responsible for investments in an additional 140 emerging-growth startups in New York State. Davis New York Venture Fund Class A No Transaction Fee 1 Prospectus More This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity Morningstar Snapshot* AS OF 12/31/2022; Morningstar Category: Large Blend *Data provided by Morningstar Overall Rating Rating Information Returns Low AVG High The state has devoted $100M to a direct investment venture capital fund that is actively deploying capital. Part of ESDs New York Ventures portfolio, the company's expanding from Harlem & Brooklyn, & designing affordable #healthcare for families. We also consider companies willing to relocate to New York. . The Program is managed through Empire State Development's NY Ventures, the state's venture capital arm, and will be focused on technology markets including advanced manufacturing,agricultural tech,climate tech, consumer tech,data/SaaS/AI, fintech, healthcare, Life Sciences andBioTech, and medical devices. 2) A History of Consistent Long Term Outperformance, Since no manager can outperform over all periods, our objective has been to increase the probability of outperformance the longer an investor stays with us. Program Will Invest Up To $250,000 in Early-Stage Startup Companies With Matching Funds From Private Sector, Part of New York's $500 Million Federal Funding Allocation to Support Small Businesses, Particularly in Traditionally Underserved Communities, Applications and Program Information Available Here. * Class A shares without a sales charge. Returns We also review the IP implications of industry-sponsored research. VC Funds Raised. Get the full list, Morningstar Institutional Equity Research. Although it is a not-for-profit organization, Excell maintains a for-profit discipline by structuring each investment with convertible debt and equity returns so that, over time, the fund becomes self-sustaining or evergreen. Forward Price/Earnings (Forward P/E) Ratio is a stocks current price divided by the companys forecasted earnings for the following 12 months. BrightShield is the result of Vyv's partnership with U-Line Corporation and Marvel Refrigeration to bring cleaner ice machines and beverage centers into these homes. The state has devoted $100M to a direct investment venture capital fund that is actively deploying capital. The Funds investment criteria include a requirement to invest a portion of proceeds in businesses located in lower income communities, or to meaningfully employ individuals from these communities. Harvey Tian, CEO & Founder ofInso Biosciences, discusses how his startup has grown to meet the challenges of Covid and to ensure satisfaction from their customer base. higher or lower than the performance quoted. The prospectus contains this and other information and can be obtained by clicking here or calling 800.279.0279. The Innovate NY Fund is supported with $35 million in State funds (allocated from the US Treasurys SSBCI Program) and $10 million from Goldman Sachs Urban Investment Group, and will leverage up to $450 million in additional private investment. Some call it transformational capital. Source: Thomson Financial, Lipper and Bloomberg. performance. Opens in a new window. WebNYU Langone Health Venture Fund Created in 2021, this captive, $25 million investment fund is dedicated to innovations focused on NYU Langone Health and NYU Grossman School of Medicine. Thanks to the American Rescue Plan signed into law last Congress, the funding provided helped to create this public-private partnership that will empower start-ups to grow and scale, specifically those who have been historically passed over by traditional venture capital. WebQuestions? Technology Opportunities and Ventures is the technology commercialization arm of NYU. Ive just found 10,000 ways that wont work. JelikaLite makes a wearable therapeutic device for children on the autism spectrum. Therapeutics Alliances facilitates the translation of pioneering, medically relevant research to productive drug discovery projects. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. This approach makes the Davis New York Venture Fund an ideal foundation for an investors portfolio. Technology Opportunities and Ventures promotes the commercial development of NYU technologies into products, pursuing its licensing to industry and driving the creation of new startup companies. Tune into The Startup Growth Engine's latest episodes now! Meet our guest! #Splicing #Alternativesplicing #cancerresearch #hematopoieticcancer #researchanddevelopment, Congrats Juno Medical on $12M in Series A fundingco-led by Serena Williams Serena Ventures and NEXT VENTRES . Click here for month-end holdings.Click here for quarter-end holdings. Special consideration is given to projects located in severely distressed communities, non-metropolitan areas and those in underserved states as designated by the CDFI Fund. Undervalued. Copyright 2023 Community Development Venture Capital Alliance. He is author of the book, What Every Angel Investor Wants You to Know.. Since 1999, Stonehenge Capital has operated at the nexus of finance and community development. Contact us Monday through Friday from 8 a.m. 5 p.m at 701.328.5600 or toll-free 800.472.2166. Past performance is not a guarantee of future results. We administer the states innovation investment funds by partnering with entrepreneurs to build the future of New York, prioritizing companies that solve important challenges in the areas of climate change, agriculture, healthcare, education, information sciences and other emerging technologies. We call it the right way to do business. We also consider companies willing to relocate to New York. All rights reserved. Send us your investment presentation for review. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. The Biomedical Entrepreneurship Program helps accelerate the commercialization of research discoveries by training postdocs, graduate students, and clinicians to become successful entrepreneurs in the biomedical field. 1 Aligned with Shareholders With more than $2 billion invested in funds and other accounts following the same investment strategy, we experience the same risks and reap the same rewards. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development. of dividends and capital gain distributions. Current performance may be ACV Auction (SCP Z80 Incubator),American Fuel Power (Excell Partners),Outmatch (Cayuga Venture Fund),Petra Pharma (Partnership Fund of NYC),Plated (ff Venture Capital),SpinCar (Stonehenge Growth Capital),Splyce (Excell Partners),Touchstream (SCP Z80 Incubator). Subscribe to our YouTube channel. The Innovate NY Fund is supported with $35 million in State funds (allocated from the US Treasurys SSBCI Program) and $10 million from Goldman Sachs Urban Investment Group, We invest in exceptional founders from diverse backgrounds who solve large-scale problems using innovative technologies in the following sectors: Climate Technology, Health Tech and Life Sciences, Ag-tech Systems, Advanced Manufacturing, SaaS, Data, and AIand other critical technologies. Artemis (acquired by iUNU),GiveGab(acquired by EveryAction),Seamless Docs (acquired by Kofile),Concertio(acquired by Synopsys),Kinvolved(acquired byPowerSchool),Tara Biosystems(acquired by Valo Health), invested by NYS, matched by $350M from the private sector, portfolio companies started and/or led by women or minorities. Apple:https://lnkd.in/ehMAAYpF Additionally,astudyfromRateMyInvestorandDiversityVCfound thatless than 10percentof VC dollars go to women founders and less than 1percentgo to Black founders. VideaHealth-Florian Hillen Spotify:https://lnkd.in/eRjkJtXX WebRichard A. Epstein, professor of law at New York University School of Law and senior lecturer at the University of Chicago, and Daniel Pianko, a partner at University Ventures Fund, argue that high achievers have paid a high price for our attention to ** The Attractive Growth and Undervalued reference relates to underlying characteristics of the portfolio holdings. https://lnkd.in/e2EKEBeR. All rights reserved. This partnership will fuel the innovation of new therapies and diagnostics for patients by combining the abundance of healthcare data provided by Cancer Research Horizons and advanced in-silico approaches through SpliceCore. and expenses for other classes of shares will vary. For most recent month-end Jennifer Tegan, Managing DirectorClayton Besch, DirectorMomo Bi, Senior DirectorJonathan Greene, Senior DirectorMarcia Mitchell, Director. Home. Well be offering early-stage companies up to $250,000 in growth assistance with matching from private sector investors. He and his team build trusted alliances between New York Life and our broad, trusted network of startups, VCs, accelerators, and thought leaders. Seed Capital Partners is an early stage venture capital firm. Past performance is not a guarantee of future results. It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change. We focus on investing in and building companies with the potential to become high-value, market-moving businesses, as well as on mentoring emerging leaders to execute on logical business models and to carefully manage capital resources. Opens in a new tab. To view New York Ventures Direct Funds complete investments history, request access, Youre viewing 5 of 78 funds. And we are proud to work with motivated management teams to achieve their long term company goals and consequently generate positive returns for our limited partners. Opens in a new window. Excell is a VC fund that invests in Seed and Early Stage high-tech startups in New York State focused on Upstate NY. Davis New York Venture Fund Class A No Transaction Fee 1 Prospectus More This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity Morningstar Snapshot* AS OF 11/30/2022; Morningstar Category: Large Blend *Data provided by Morningstar Overall Rating Rating Information Returns Low AVG High Barrons interviewed Chris Davis about his strong conviction in the sector, and why we may be setting up for a decade of revaluation for the group. Through the Pre-Seed and Seed Matching Fund Program, we will target promising startups and very small businesses and ensure that these good ideas become a reality in New York State, especially in traditionally underserved populations and markets.". Win whats next. Learn about BrightShield, our portfolio company Vyvs product that helps detox indoor spaces. Opens in a new window. All applicants must be registered to do business in New York State and agree to create economic impact in New York by having headquarters and at least one C-suite employee in state. Welcome to NY Ventures' Pre-Seed Fund Application! We are true New Yorkers at heart (best pizza and bagels!) Since 2008, ffVC has invested in over 90 companies and has helped to create companies with aggregate market value exceeding $4 billion. NYU is willing to take equity in startup companies as upfront consideration in a license agreement. ff Venture Capital (ffVC) is one of the best performing seed- and early-stage venture capital firms investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The Davis New York Venture Fund has significantly outperformed the S&P 500 Index since its inception in 1969. New York Ventures Direct Fund is a venture capital fund managed by New York Ventures. The $47 million fund is a seed stage business equity fund that supports innovation, job creation, and high growth entrepreneurship throughout the state. Five-Year EPS Growth Rate is the average annualized earning per share growth for a company over the past five years. Empire State Development President, CEO & Commissioner Kenneth Adams said, Access to seed money is essential to building the vibrant small businesses that are the foundation of a strong Upstate economy. Listen to Harvey Tian, CEO and founder of our portfolio company Inso Biosciences, talk about growing the company and managing COVID-related challenges. We are to join an exciting cohort of startups heading into 2023! Past performance is not a guarantee of future returns. We are a designated Community Development Entity (CDE) that actively participates in both the Federal New Markets Tax Credit Program and 14 State New Markets Tax Credit programs. Biobot Analytics-Mariana Matus, PhD Our companies are rigorously researched, offer attractive growth and yet are significantly undervalued versus the benchmark A powerful combination. It seeks to invest in information technology, communications, and financial services sectors. Cornell is one of the nations leading research universities, and this results in an attractive array of investment opportunities. Massachusetts Institute of Technology MIT Sloan School of ManagementMartin Trust Center for MIT Entrepreneurship The Engine#innovation#Entrepreneurship #technology #health #management. Davis NY Venture Fund: Selective. Attractive Growth. Undervalued. The goal of the Davis New York Venture Fund is to provide investors access to attractive investment opportunities among large cap, durable, well-managed businesses. We seek to purchase these businesses at value prices and hold them for the long term. Joel believes that the only sustainable competitive advantage for an organization is the speed at which its employees can learn. PRO Data. map. New York Ventures partners with diverse teams that are using technology to solve important challenges in areas of strategic interest and importance. Discover more about this collaboration: https://lnkd.in/epQRxxsh Inception date used is 2/28/69. Golden Seeds Angel Network has grown to become one of the largest in the country with over 275 members nationwide. We co-invest with a wide variety of large and small funds to leverage NYS dollars for the benefit of all New Yorkers resulting in successes across a range of companies and industriesfrom Plated and Rgenix to Spincar and Agronomic. One of the top hospitals in the nation. NYP Ventures collaborates with the NewYork-Presbyterian Digital Health Innovation Center to help identify and support digital health innovations with the Jennifer Tegan, Managing DirectorClayton Besch, DirectorMomo Bi, Senior DirectorJonathan Greene, Senior DirectorMarcia Mitchell, Director. It specializes in in early stage investments. The Davis New York Venture Fund has significantly outperformed the S&P 500 Index since its inception in 1969.1, With more than $2 billion invested in funds and other accounts following the same investment strategy, we experience the same risks and reap the same rewards.2, Davis New York Venture Fund A, 17%; Lipper category average, 44%. New York: Venture capital: Insight Venture Management: Since 1994, we have been working to create and establish a thriving community of leading edge, high tech start-up companies in Ithaca and upstate New York by providing the necessary capital and other resources they need to grow and prosper. Welcome to the portfolio, Bounce Imaging! Theres an old saying among investors that a stock doesnt know you own it, so dont get attached. Our new #podcast episode is now out! The fund is based in New York, New York and invests in New York. Artemis (acquired by iUNU),GiveGab(acquired by EveryAction),Seamless Docs (acquired by Kofile),Concertio(acquired by Synopsys),Kinvolved(acquired byPowerSchool),Tara Biosystems(acquired by Valo Health), invested by NYS, matched by $350M from the private sector, portfolio companies started and/or led by women or minorities. Technology Opportunities and Ventures can provide support to help de-risk early-stage medical device opportunities. Base your answer on the information on New York Ventures Direct Fund. The most rewarding things you do in life are often the ones that look like they cannot be done. As shown below, the longer one has invested with us, the more likely they have earned above-average returns.6. He graduated from the Martin J. Whitman School of Management at Syracuse University with a double major in Entrepreneurship and Marketing.