March was a busy month across the classes of 43North winners, from UltraCell Insulation completing a $5 million round to fund a full-scale manufacturing facility in WNY to ACV Auctions announcing plans to double its local staff.
Check out what our winners were up to throughout the month of March in the round-up below!
10 Best Tech Startups in Buffalo – Tech Tribune
“The Tech Tribune staff has compiled the very best tech startups in Buffalo, New York. In doing our research, we considered several factors including but not limited to: revenue potential, leadership team, brand/product traction, and competitive landscape.”
John Gavigan hired as COO of SomaDetect, a recent 43North winner – Buffalo Business First
“Gavigan has been hired as chief operating officer of SomaDetect, the agriculture tech startup that moved to Buffalo this year after winning the $1 million grand prize in last year’s 43North competition.”
From 43North to the dairy farm: Gavigan joins SomaDetect as COO – The Buffalo News
“Gavigan’s hiring comes as the company, which is focusing on working with New York dairy farmers to develop and market its product, is bolstering its Buffalo staff. The company also hired Daniel Fuglewicz as its director of embedded engineering. Fuglewicz has has 30 years of experience in engineering and product management, most recently as director of embedded systems at KeepTruckin.”
Former 43North Champion Expanding in Buffalo – Spectrum News
“ACV Auctions has outgrown its space at The Innovation Center on Ellicott Street. The 2015 43North Competition winner will have an additional floor of office space this summer to accommodate the hiring of 100 new employees, doubling their staffing in Buffalo.”
UltraCell completes $5 million round of fundraising with plans for a Buffalo factory – The Buffalo News
“The funding, which includes previous rounds of fundraising, along with $1.6 million raised in a new round, will allow UltraCell to begin making and selling its high performance cellulose building insulation later this year, said Jonathan Strimling, the company’s president.”
Black Women Talk Tech at a Conference For Us By Us – Black Enterprise
“Black Women Talk Tech’s second annual Roadmap to Billions conference commenced on Feb. 28 and concluded on March 1 at the Microsoft building in Times Square. Motivational speakers graced the stage, a $10,000 pitch competition ensued, and there was networking far and wide.”
After raising $5 million in funding, UltraCell Insulation ready to establish new factory – Buffalo Business First
“Strimling said his company has thrived with the support of 43North, a state-funded business competition that awards $5 million in prizes to a collection of startups each year. He also said UltraCell plans to continue raising money and is in current talks with several strategic investors.”