VentureSouth invests more than $9M in Southeastern business.
South Carolina's Proterra, PunchList, Sprockets (formerly named Sentio) and 6 AM were a few startups that benefited from a relationship with Greenville's VentureSouth last year, receiving a share of $9.2 million in investment given to 26 Southeastern companies in 2020, according to a news release.
More than 60% of that funding went to existing early-stage companies in the VentureSouth portfolio, including North Carolina's Kwipped, ProctorFree, Reveal Mobile and Spiffy, as well as Virginia's Aperiomics and Georgia's GoPivot.
Live Furnish in Winston-Salem, an image production technology platform for the furnishings industry; Durham's locally sourced frozen fruits and vegetable company Seal the Seasons; and Greensboro's advanced solid state battery component developer Soelect were three North Carolina companies added to the VentureSouth portfolio last year. Pass It Down, a digital display engagement platform in Chattanooga, Tenn., also made the cut for new investment, according to the...
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