Crunchbase is continuing to highlight VC focus outside of traditional tech hubs with its recent piece on Upstate's own Armory Square Ventures. Christine Hall from Crunchbase sat down with the husband and wife team of Somak Chattopadhyay and Pia Sawhney to talk about what it's like working together, what they look for in founders, and finding investment opportunities in unexpected places.
You can read more about my own visit to Syracuse's startup scene at: https://www.syracuse.com/opinion/2017/04/is_the_grass_always_oranger_a_buffalonian_visits_syracuses_startup_scene_comment.html
Armory has raised two funds and backed 13 companies, three of which have exited: ACV, which went public in March, as well as Agronomic Technology, acquired by Yara International in 2017, and Good Uncle, acquired by Aramark in 2019. Other prominent investments include BentoBox and UCM Digital Health.