Thursday May 23, 2019

Warning: Use of undefined constant sfire_topic_count_text - assumed 'sfire_topic_count_text' (this will throw an Error in a future version of PHP) in /nas/content/live/nyconvergence/wp-content/themes/nyconvergence-3/functions.php on line 188

New York City Investment Fund Supports Biotech, Cleantech and Now “Fintech”

On May 2, six startups developing technology tools for the financial industry started a 12-week program of mentorship, networking and seed funding put together by the The New York City Investment Fund, a 15 year old fund founded by Henry Kravis. The fund has lately been focusing on sectors that do not get much funding from NY VC’s, such as biotech and cleantech, in an effort to fill what they saw as a hole in the NY venture capital scene. They no longer invest in digital media.