Travelers and Connecticut Innovations Announce Insurtech Innovation Prize for VentureClash Competitors

ROCKY HILL, Conn., June 15, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for innovative, growing companies, today announced that Travelers, the Hartford-based provider of property casualty insurance for auto, home and business, will offer an Innovation Prize to VentureClash competitors developing solutions and pursuing market opportunities in insurtech. …

Connecticut Innovations Invests $10.4 Million in Q3 2018

Rocky Hill, Conn. – June 15, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that it invested $10.4 million in 38 investment transactions during the three months ending March 31, 2018.  The investments leveraged an additional $78.3 million in outside capital. Of …

Connecticut Innovations Selects Paygilant as Early-Decision Awardee for VentureClash 2018

ROCKY HILL, Conn., June 13, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for innovative, growing companies, announced that Paygilant, an Israel-based fraud protection company for mobile payments, has been selected as the recipient of the early-decision award for VentureClash 2018. The inaugural award allows Paygilant to move directly …

Tom Scott, Co-Founder and CEO of The Nantucket Project and Founder of Nantucket Nectars, to Serve as Keynote Speaker at VentureClash Finals Event

ROCKY HILL, Conn., June 7, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that Tom Scott, an award-winning entrepreneur and co-founder and CEO of Nantucket Nectars and The Nantucket Project, will be the keynote speaker at the VentureClash finals event, to be …

VentureClash Announces Winners of Lagos Pitch Event

ROCKY HILL, Conn., May 31, 2018 – Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced the winners of VentureClash’s pitch event in Lagos. VentureClash, Connecticut’s global venture challenge, has expanded its reach to Africa in its third year. The two-day tech fair invited promising companies from Africa to compete for a semifinalist …

Connecticut Innovations and Stanley Black & Decker Join Forces to Scan the Globe for Early-Stage Security and Industry 4.0 Companies

ROCKY HILL, Conn., April 16, 2018 – Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, announced it has teamed with Stanley Black & Decker, the New Britain–based manufacturer of tools and hardware, to offer an Innovation Prize to VentureClash competitors focused on market opportunities in the areas of security and Industry 4.0, …

Connecticut Innovations Invests $9.4 Million

Rocky Hill, Conn. – March 19, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that it invested $9.4 million through 43 investment transactions during the three months ending December 31, 2017.   The transactions leveraged an additional $29.4 million of investments in …

Connecticut’s $5 Million Global Venture Challenge Opens Applications to Early-Stage Companies

ROCKY HILL, Conn., March 1, 2018 – Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and one of the leading sources of financing and ongoing support for innovative, growing companies on the east coast, today announced the launch of the application period for VentureClash. VentureClash is Connecticut’s $5 million global venture challenge for early-stage digital health, financial technology, insurance technology …

CI Investments Invests $10.3 Million in 29 Companies in First Quarter

Rocky Hill, Conn. – November 30, 2017 – Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced that it invested $10.3 million in 29 companies and scientific projects during the three months ending September 30, 2017. The investments leveraged an additional $22.8 million in capital to further support the growth of …

VentureClash Announces Winners of $5 Million Global Investment Challenge

ROCKY HILL, Conn., October 23, 2017 – Connecticut Innovations (CI), the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, today announced the winners of VentureClash, a $5 million global investment challenge for early-stage companies in digital health, financial technology, insurance technology and the Internet of Things.  Of the nine finalists from seven different countries, VentureClash awarded …