16
Jul
Q1 2026 Investment Report
Comments
Investment in the Southern Tier will be distributed on a quarterly basis to highlight the significant startup investment activity in the Southern Tier. Note: while some information is made publicly available in real time, certain fundraising activities may be reported later, leading to potential fluctuations beyond the reporting timeframe. $20,000 is the threshold for determining which funding events to include.
Acquisitions
- Exostellar, headquartered in Ithaca, was acquired by Qualcomm for an undisclosed amount in March 2026. Read more about Exostellar’s acquisition here.
Investments
- CryoBio, headquartered in Ithaca, raised $1,300,000 of pre-seed funding from Marble, AgVenture Alliance, New York Ventures, Launch NY, FuzeHub, Klessig Trust and Jade Cove Partners in February 2026. Read more about CryoBio’s funding here.
- Protogenix, headquartered in Ithaca, raised $250,000 of venture funding from undisclosed investors in February 2026. Read more about Protogenix’s funding here.
- Rote, headquartered in Ithaca, joined startup accelerator Y Combinator and received $500,000 in January 2026. Read more about Rote’s funding here.
- Verra Therapeutics, headquartered in Lansing, raised $205,000 of angel funding from undisclosed investors in February 2026. Read more about Verra Therapeutics’s funding here.
Total: $2,255,000