The Power of Partnerships
As reported by The Buffalo News, BEP-supported startups Verivend and Dimien are receiving funding from Launch NY's Investor Network, a syndicate of more than 300 investors who gain exclusive access to pre-vetted startup deals in Upstate New York.
Verivend, a tech startup that has developed a cloud-hosted, secure, and paperless platform that allows investment sponsors and their investors to quickly raise and deploy capital, reached its latest investment goal with the help of $125,000 from Launch NY’s Investor Network.
It was the featured deal on the Investor Network in January. Next up for investment opportunity through the Launch NY network will be Dimien, a UB incubator startup. The Buffalo-based battery technology firm is developing high-capacity batteries for use in electric vehicles and other storage applications, including domestic energy storage.