VC  NC IDEA

https://ncidea.org/





     Office Locations:

411 W. Chapel Hill Street, Suite C2
Durham, NC 27701
Phone: 919-941-5600
Fax: 919-941-5630

 

Stages:

  • Early
  • Seed


 

Industries:

  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device

  •  

    Description:

    Founded in 2005, and formerly known as MCNC Ventures, NC IDEA assists entrepreneurial companies with seed and early stage funding through traditional venture capital, as well as pre-venture stage funding via its grants program. NC IDEA focuses on helping companies in the following areas: information technology, medical diagnostics and devices, material sciences, and green technologies. For earlier-stage investments, NC IDEA will seek a position on the company's board of directors. For later-stage investments, the firm will seek a board seat or observer rights to board meetings. NC IDEA will focus its investment resources primarily on companies headquartered or operating within the state of North Carolina. NC IDEA awards selected projects an amount of up to $10,000. Since 2018, NC IDEA MICRO has awarded over $680,000,000 in grant funding to over 595 companies throughout the state.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Amy Bastian Vice President
    Andrea Cook Sr. Director
    Barry Ryan Sr. Director
    Ben Redding Chief Financial Officer
    Sarah Mixter Director

     

    Portfolio companies include:


      828 Labs


      Allergood


      BaseTrace


      Beecoz


      Cardstalk


      Chiliport


      Freedom


      Freshspire


      Growterra


     

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