Innovation Works
Finance · Pennsylvania, United States · 11-50 Employees
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Overview
Headquarters
2 Allegheny Ctr Ste 100, Pittsburgh, Pen...Phone Number
(412) 681-1520Website
www.innovationworks.orgRevenue
$14.6 MillionIndustry
About Innovation Works
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Innovation Works Tech Stack
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Innovation Works News & Media
Life Sciences, AI Companies Drive Record VC Investment in Pittsburgh Tech Ecosystem
PITTSBURGH--(BUSINESS WIRE)--Pittsburgh’s technology ecosystem saw a record number of venture capital (VC) deals in 2024, with AI and life sciences companies leading the way, according to a new report released by Ernst & Young LLP (EY US) and Innovation Works. The 13th annual report found that 182 companies secured investments last year, up 33.8% over 2023. Institutional venture capital investment in the region surged to $999 million, the highest annual VC total on record. WhileAlphaLab Unifies Accelerator with Core Curriculum to Support Entrepreneurs Across Sectors
PITTSBURGH--(BUSINESS WIRE)--Innovation Works, one of the most active early-stage investors in the country, has unified its nationally-ranked AlphaLab accelerator to better reflect the needs of entrepreneurs. After extensive research with alumni founders, AlphaLab has developed a new core curriculum built on customers, capital, and community, vital pillars of starting and scaling a successful business. AlphaLab is one of the nation’s first 10 accelerators and a founding charter member of the GlAHN, Innovation Works AlphaLab Health Joint Venture Receives $10 Million Grant to Create Revolving Investment Fund
Grant will support the program's start-up companies, creating the region's most active source of early-stage capital for life-science technologies BELLEVUE, Pa., May 7, 2024 /PRNewswire-PRWeb/ -- AlphaLab Health, an accelerator program developed by Innovation Works and Allegheny Health...VC funding jumps 200% in Pittsburgh, for second-highest annual total on record
The region was top 10 in the nation for AI and autonomous vehicle investments in 2023, while robotics was also strong
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Frequently Asked Questions Regarding Innovation Works
Innovation Works (IW) is the Pittsburgh region's most active early-stage investor and one of the nation's top investors in early-stage technology startups. Along with investing more than $100 million into the tech startups of the region, IW provides these emerging companies with assistance and the network to customers and other investors that start... Read More