(Photo by Flickr user @ricricciardi, used under a Creative Commons license)
Philly’s Osage Venture Partners has led two investment rounds for Washington, D.C. companies in the last six months. The Washington Business Journal chatted with managing partner Nate Lentz and vice president Sean Dowling about why they’re keeping their eye on D.C.
What’s your general take on the local tech scene here?
Lentz: It’s like the quality of stuff we’re seeing in D.C. is higher than what we’re seeing most other places. There are lots of good quality companies, and a good pipeline of entrepreneurs building interesting businesses. We’ve heard from lots of entrepreneurs that there’s not a huge amount of local, venture-stage capital. D.C. is very much in our geographic focus and it’s been very fruitful for us to build inroads there.
Funding news about Young Alfred Inc.
Medtech startup Proscia raises $8.3 million for hiring push
Virion Therapeutics raises $4M to continue work on cancer, viral infection treatments
This apprenticeship program is opening the door for candidates with nontraditional backgrounds
Clients and community come first for Vanguard employees
Philly’s SRI Capital has a cool $100 million to fund enterprise tech
QuotaPath raises $1.5-million seed round to chase the sales software market
How AI can help humans, not replace them
Sign-up for daily news updates from Technical.ly Philadelphia