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The Launch Place received 64 applications for its Ninth Annual Big Launch Challenge Pitch Competition from various start-up companies located in the U.S. and abroad.

DANVILLE, Va. — Cloud-based SaaS startup OrbitalRX receives The Launch Place’s first investment of the year. The Launch Place, a venture development organization with offices in Danville and Research Triangle Park, N.C., has invested $150,000 from their Seed Fund II in OrbitalRX, marking their twenty-third venture. OrbitalRX joins an investment portfolio of innovative, high growth startups in the information technology, medical device, green technology, manufacturing and other sectors. With their drug shortage management platform, OrbitalRX presents a workflow solution compatible fo...