Sofia Fund recently announced its third investment in Cognition Therapeutics, Inc. (CogRx), a Pittsburgh-based biopharmaceutical company that discovers, develops and manufactures innovative therapeutics for the treatment of Alzheimer’s disease and other neurocognitive disorders.
The Sofia Fund investment was part of Cognition Therapeutic’s most recent financing round, through which the company hopes to raise up to $5 million.…
By Cathy Connett, CEO and Managing Partner, Sofia Fund
There’s more than $100 billion dollars currently being invested annually by venture capitalists, private equity firms and angel investors. Why do some businesses get a piece of the action and others don’t?…
Very interesting article in the StarTribune about HCMC’s neurosurgeon Dr. Uzma Samadani and the technology she is developing to assess brain function in real time. The technology is licensed to Oculogica, a company she co-founded, and is embodied in their device called the Eyebox.…
According to a report just published by the Center of Venture Research summarizing the 2015 Angel Investor Market, the market in 2015 had a slight increase in investment dollars and in the deal size. Total investments in 2015 were $24.6 billion, an increase of 1.9% over 2014, according to the Center for Venture Research at the University of New Hampshire.…
Press Release July 27, 2015
Today marks a significant achievement in bringing new monies into early stage companies. The Sofia Fund, which invests in women-led, growth companies and is led by a group of experienced investors, has tapped into an investor community passionate about Sofia’s mission.…
The Sofia Fund team knows from their long personal history in angel investing that the addition of women investors will help accelerate the funding of women led growth companies. We are excited to see the progress being made with women founded Venture Capital firms.…
The Sofia Fund has raised $3.925M from men, women, and couples to invest in women led growth businesses primarily located in MN and the Midwest. in this interview, Cathy Connett and Barb Stinnett share the motivation that has driven the creation of this fund by Dee Thibodeau, Joy Lindsay, Lisa Crump, Barb and Cathy .…
Sofia Angel Fund II, LLC announces the successful first closing of its angel investment fund targeting women-led growth companies with $3.925 million of capital investment commitments.
The Sofia Fund focuses on investing equity in early stage, growth companies that are women-led and which operate principally in information technology, clean technology, health and wellness, and business products and services.…
According to the Center for Venture Research at the University of New Hampshire, moderate growth continued in the first two quarters of 2014 in the U.S. angel investor market. More than 30,000 entrepreneurial ventures received funding in the first half of 2014, which came from more than 143,000 individual investors.…
According to a new Kauffman Foundation research report, female entrepreneurship can pave the way for economic growth in America. The report says large-scale positive effects, like the those seen during the entry of women into the workforce during the 20th century, could be in America’s future.…