Investments
28About NYSTAR
NYSTAR was created as part of the landmark Jobs 2000 Act (J2K), passed by the Legislature and signed into law in 1999. NYSTAR will harness the economic power within New York State's more than 300 public and private research universities and institutions of higher learning by investing today in the job-creating technologies of tomorrow. To achieve this mission, NYSTAR has invested more than $316 million in new funds in our research universities across the State since its inception.The Small Business Technology Investment Fund (SBTIF) provides start-up high-tech companies throughout New York State with a source of venture capital to promote new job creation and economic growth. The Fund makes early stage equity investments in companies that have developed innovative technology products or services and that display significant competitive advantage. It also offers technical and managerial services to growing technology-based business ventures.
NYSTAR Headquarter Location
30 South Pearl Street 11th Floor
Albany, New York, 12207,
United States
518.292.5700
Latest NYSTAR News
Sep 24, 2020
Empire State Development's Division of Science, Technology & Innovation (NYSTAR) will team with Fuzehub, the statewide center for the New York Manufacturing Extension Partnership (MEP) next week to host the New York State Innovation Asset Showcase.The Sept. 29 and 30 event will be held virtually this year and will focus on the state’s vibrant innovation ecosystem ... Complete access to news articles on rbj.net is available to Rochester Business Journal's subscribers who are logged in. Subscribers may login at the login tab below. Others may join our audience with a subscription today . Password: Enter your user name and password in the fields above to gain access to the subscriber content on this site. Your subscription includes one set of login credentials for your exclusive use. Security features have been integrated on this site: If someone signs in with your credentials while you are logged in, the site will automatically close your ongoing login and you will lose access at that time. To inquire about group subscriptions or an enterprise site license for your organization, contact Tracy Bumba . If you feel your login credentials are being used by a second party, contact customer service at 866-941-4130 or email circulation@rbj.net for assistance in changing your password. Already a paid subscriber but not registered for online access yet? Click Here to register .
NYSTAR Investments
28 Investments
NYSTAR has made 28 investments. Their latest investment was in Primet Precision Materials as part of their Series C - II on May 5, 2011.
NYSTAR Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/13/2011 | Series C - II | Primet Precision Materials | $2.5M | Yes | 1 | |
4/1/1995 | Series A | All Points Software | $0.7M | No | 1 | |
12/8/1993 | Seed | All Points Software | $1.1M | Yes | 1 | |
3/1/1986 | Series A | |||||
8/1/1984 | Seed |
Date | 5/13/2011 | 4/1/1995 | 12/8/1993 | 3/1/1986 | 8/1/1984 |
|---|---|---|---|---|---|
Round | Series C - II | Series A | Seed | Series A | Seed |
Company | Primet Precision Materials | All Points Software | All Points Software | ||
Amount | $2.5M | $0.7M | $1.1M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
NYSTAR Team
3 Team Members
NYSTAR has 3 team members, including current Managing Director, Divjot Narang.
Name | Work History | Title | Status |
|---|---|---|---|
Divjot Narang | Managing Director | Current | |
Bob Malone | General Partner | Current | |
Clayton L. Besch III | Managing Director | Former |
Name | Divjot Narang | Bob Malone | Clayton L. Besch III |
|---|---|---|---|
Work History | |||
Title | Managing Director | General Partner | Managing Director |
Status | Current | Current | Former |
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