Ready to elevate your Pittsburgh business? Join Innovation Works for an evening with Drive Capital. Gain insights into their investment strategies and network with potential investors. Register now! https://buff.ly/3XYUIcJ
Innovation Works
Venture Capital and Private Equity Principals
Pittsburgh, PA 19,455 followers
About us
Innovation Works (IW) is the Pittsburgh region’s most active investor in and supporter of early-stage companies developing hardware, software and life sciences technologies. Though focused exclusively on helping startups in the southwest PA region, IW’s level of investment activity makes it one of the most active investors in the U.S. Innovation Works is part of the statewide Ben Franklin Technology Partners, a network of four centers developed to help diversify PA’s economy and retain the state’s high caliber innovations that are invented and incubated here. The Ben Franklin Technology Partners are partially funded by the Commonwealth of PA and overseen by the Department of Community and Economic Development. Founder of AlphaLab (http://alphalab.org)--one of the nation's top startup accelerators-- AlphaLab Gear (http://alphalabgear.org)--its hardware program -- AlphaLab Health (https://alphalabhealth.org/) -- its life sciences program and -- Robotics Factory (https://roboticsfactory.org/) -- its robotics program.
- Website
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http://www.innovationworks.org/
External link for Innovation Works
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Pittsburgh, PA
- Type
- Nonprofit
- Founded
- 1999
- Specialties
- Early-stage technology startups and Seed-stage funding
Locations
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Primary
Nova Tower 2,
Two Allegheny Center, Suite 100,
Pittsburgh, PA 15212, US
Employees at Innovation Works
Updates
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📊 Curious about Drive Capital 's Investment Criteria? Don't miss the panel discussion during Outside In: Drive Capital at Innovation Works on August 15! Peter Erin will moderate a conversation with Drive Capital’s Landon Campbell, giving you a unique opportunity to gain insights into what investors are looking for. Secure your spot today! https://buff.ly/3XYUIcJ
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🎉 Congratulations to Douglas Descalzi and the entire Thiopoly team on successfully launching their DVRx pilot!
We are excited to share that our DVRx pilot is underway. We are now live at 4 locations with our first pilot customer, supporting their cardiac ICU, IV compounding cleanroom, and consolidated service center. DVRx is intended assess the impact of new sensing, Internet-of-Things (IoT), Mobile, and Cloud/AI technology on the persistent lack of digital visibility in medication management. Additional pilot customers in our first cohort will go live shortly. We look forward to sharing insights and results from DVRx, and how we can help reduce costs and improve patient care for health systems and their patients around the world.
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🔍 Ready to explore new investment opportunities? Join Innovation Works and CMU for the AI & Robotics Venture Fair on September 26 and meet startups vetted by top experts. Register now: https://buff.ly/3yfevKp #AI #Robotics #Investment
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Just because it's summer break doesn't mean Startable students have stopped working on their companies! Students from Quaker Valley, Allderdice, Northgate, and Riverview participated in a four-day Startable Advanced Mini-Camp earlier this summer. During the Startable Advanced Mini-Camp, students dove deeper into their business ideas and learned how to identify their market niche &refine their product pitch. Thank you for your work this summer! We can't wait to see our Startable students again this Fall. Are you interested in bringing Startable to your school or teen organization? Contact Shelly Renee Brown, Startable Program Manager. Email her at sbrown@startablepgh.org. Thank you to William Scott & Maximillian Obasiolu for sharing your experience with Startable students! 👏
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Join us at Innovation Works for a special event, Outside In: Drive Capital. Hear directly from Landon Campbell during a panel moderated by Peter Erin. Discover what makes Pittsburgh an attractive investment destination. Register now: https://buff.ly/3XYUIcJ
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Innovation Works reposted this
Tech continues its ascent in Pittsburgh, propelled by both startup ventures and investments. 🤝 A new community impact report from Innovation Works, an anchor in southwestern Pennsylvania’s tech ecosystem and the region’s largest seed-stage investor, has these key numbers about companies it helped launch and grow last year in Pittsburgh: 1.) 60 local startups 2.) $7.38 million investment 3.) 1,154 new jobs. Among the 60 are standouts like CellX Technologies, which closed $6M in seed-stage funding in 2023, and BlastPoint, which raised $8.93M during the same time. Get more of the scoop from NEXTpittsburgh 👇 https://lnkd.in/g-yxdBMQ
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Drive Capital is coming to Innovation Works for Outside In on August 15, and you're invited to delve into their investment strategies. Moderated by Peter Erin, this panel is your chance to learn from Drive Capital’s Landon Campbell. Secure your spot – register today: https://buff.ly/3XYUIcJ
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We have appointed leaders to head our life science and software practices! Jeanne Colwell Iasella has been named Managing Director of Life Sciences, and Steven Welles has been named Managing Director of Software. Jeanne Colwell Iasella has deep domain expertise in healthcare informatics and extensive merger and acquisition experience, having led large corporate development and business line divisions at Medrad, Bayer Health, and most recently as Chief Solutions Officer at TeleTracking Technologies, where she managed a portfolio of more than 20 healthcare solutions deployed globally. Steven Welles began his career at Goldman Sachs, producing original and proprietary market, industry, and stock-specific research on more than 30 technology companies, leading to multi-million-dollar client investment decisions. He went on to start and scale several venture-backed technology companies. Most recently, he served on the executive team of Gridwise. Read the official press release https://lnkd.in/gWj2Kksd
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Discover the next big thing in AI and Robotics! Register to attend the AI & Robotics Venture Fair on September 26 at CMU. Network with founders and fellow investors from across the country. Don't miss out: https://buff.ly/3yfevKp #StartupShowcase #InvestorOpportunity #AI #Robotics
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