Companies in the Blackstone Entrepreneurs Network Receive $5.5M+ in Funding in Q3
Great news came from Blackstone
Entrepreneurs Network (BEN) yesterday. During the third quarter of 2013, six of
their companies received a total of $5,501,000 in funding. Two of those companies,
e-Nicotine Technology and Novocor, closed two deals worth $4,761,000 during the
quarter. Other funding sources included angel investors, competition awards,
grants, and an SBIR loan. Three of the six startups are from Chapel Hill, and
three from Raleigh-Durham, North Carolina. Five companies are Triangle-based.
In addition to e-Nicotine Technology, Inc.
(eNT), creator of the
eNT electronic clean nicotine inhaler, and Novocor Medical Systems, maker of the hypothermia device
HypoCore, were social health startup Sqord, online nurse advisory company Keona Health,
mobile communication
company Gema Touch, and Augment Medical, a wireless communication platform for
disabled patients.
For more information, see Blackstone’s press release.
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