Innovation Works' new Robotics Factory officially launches Feb. 1
The Build Back Better Regional Challenge-funded program includes three programs designed to set up robotics entrepreneurs to be self-sufficient and thrive in the local industry.
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The Build Back Better Regional Challenge-funded program includes three programs designed to set up robotics entrepreneurs to be self-sufficient and thrive in the local industry.
Plus, a new tech company is setting up shop following a local investment, Josh Shapiro chose some Pittsburghers for his transition team, and more.
After a national search that drew a reported 135 applicants, Innovation Works promoted its chief investment officer to the role of president and CEO.
Raju told Technical.ly his experience and understanding of the region makes him the right person to lead the early-stage investment firm.
Direct investment in local tech startups dropped by almost 50% in the last three months after peaking earlier in the year. But startup funding in southwestern Pennsylvania is still higher than a year ago.