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Rochester Business and Startup News
Upstate Technology, Innovation & Business Coverage
Connected Know delivers in-depth reporting on Rochester’s startup ecosystem, Upstate New York innovation, and the business leaders shaping the region’s economic future. Covering breakthrough technologies, high-growth companies, venture activity, and corporate developments, we provide the news and analysis founders, investors, and operators rely on to stay informed. Learn how to submit news and information.
Rochester


Rochester-Based Syntec Optics Taps Public Markets for $20M Growth Push
ROCHESTER, N.Y. — Syntec Optics Holdings, Inc. (NASDAQ: OPTX) has raised approximately $20 million through an underwritten public offering, signaling continued investment activity in Rochester’s advanced manufacturing and optics sector. The company sold 2,857,142 shares of common stock at $7.00 per share. Gross proceeds from the offering totaled about $20 million before underwriting discounts, commissions, and other expenses. H.C. Wainwright & Co. acted as the sole book-runni
May 12 min read


$2 Billion T-Mobile Deal Brings Rochester’s Greenlight Networks Into National Fiber Expansion
ROCHESTER, N.Y. — A roughly $2 billion deal is set to accelerate the growth of one of Rochester’s most recognizable tech companies, as Greenlight Networks becomes part of a major national broadband expansion strategy. T-Mobile announced it will invest approximately $2 billion to acquire a 50% stake in a joint venture with Oak Hill Capital that combines Greenlight Networks with GoNetspeed, two of the largest independent fiber providers in the Northeast. The combined platform i
Apr 303 min read


Startup Wednesday Expands to Rochester, Bringing Hands-On Venture Building to Local Founders
ROCHESTER, N.Y. — A new venture-building program is set to launch in Rochester this June, adding fresh momentum to the region’s growing startup and innovation economy. Startup Wednesday, a weekly venture-building program founded in 2025 by entrepreneur Dan Gigante in Buffalo, will begin its first Rochester cohort on June 3 at NextCorps. The four-week program is designed to bring together founders, creatives, and operators to collaborate, test ideas, and accelerate early-stage
Apr 293 min read


This Rochester Founder Is Fixing Cross-Border Payments for Emerging Markets
ROCHESTER, N.Y. — For Chukwuebuka Mgbenka, the idea behind MoneyPigeon did not come from theory, it came from lived experience. As an immigrant navigating financial transactions between the United States and Nigeria, Mgbenka encountered persistent friction when trying to spend money across borders in emerging markets. Today, as CEO of the Rochester-based fintech startup founded in 2022, he is working to solve that problem by building a platform designed to make cross-border s
Apr 263 min read


TechRochester Names 2026 Technology Woman and Emerging Technology Woman of the Year
ROCHESTER, N.Y. — This past Thursday TechRochester brought together the region’s innovation community to celebrate leadership, impact, and progress at the 2026 Technology Woman of the Year Awards, held at the Memorial Art Gallery. The annual event recognizes women driving meaningful advancement across technology fields while reinforcing the importance of visibility, mentorship, and retention within Greater Rochester’s growing tech ecosystem. This year’s top honors were award
Apr 253 min read


Rochester-Built Startup Locke Launches Open Passkey, Aims to Eliminate Passwords for Developers
ROCHESTER, N.Y. — A Rochester-based startup is solving one of the internet’s most persistent friction points: passwords. Locke , led by CEO Connor Peters, has announced the release of Open Passkey , a new, 100% free, open-source library designed to make passwordless authentication simple to implement across nearly any application. Alongside the library, the company is also launching Locke Gateway, a free, "backendless" authentication server that allows developers to deploy se
Apr 152 min read


Brown and White Ventures Backs Stak Mobility to Rethink Urban Infrastructure
Rochester, N.Y. - Brown and White Ventures has announced a new investment in Stak Mobility , a company focused on reshaping how cities use space, energy, and transportation infrastructure. The announcement signals continued momentum for the Upstate New York-based venture firm, which is actively investing in companies tackling large-scale, system-level challenges across industries. Stak Mobility is building what it describes as a new model for urban infrastructure—one that co
Apr 93 min read


Style Meets Software: Inside Rochester’s Newest Fashion Tech Startup
ROCHESTER, N.Y. — After more than a decade in the tech industry, Kyla Brown is applying her product mindset to a new challenge: fixing how people shop online. As the founder of Closet OS, a Rochester-based fashion technology startup launched in 2025, Brown is building a platform designed to make personal style more intuitive, personalized, and efficient. Closet OS sits at the intersection of retail, fashion, and technology, aiming to modernize an e-commerce experience that B
Apr 84 min read


Real Insights, No Fluff: UR’s Startup & VC Night
Rochester, N.Y. - Rochester’s next generation of founders, investors, and operators gathered this past Saturday at Fairport Brewing Co. for Start-up and VC Night, an event hosted by the Simon School Venture Fund (SSVF) , Net Impact , Uncorked, and the Simon Entrepreneurs Association (SEA). Designed as both an educational forum and a community-building experience, the evening delivered a strong signal: Rochester’s innovation economy continues to gain momentum, driven by access
Apr 63 min read


TechRochester Announces 2026 Technology Woman of the Year and Emerging Technology Woman of the Year Nominees
ROCHESTER, N.Y. — TechRochester has officially announced the nominees for its 2026 Technology Woman of the Year and Emerging Technology Woman of the Year Awards, marking the 25th anniversary of one of the region’s most established recognitions of women in technology. The annual event highlights leaders across Greater Rochester who are driving innovation, advancing STEM careers, and strengthening the local technology ecosystem. The awards also emphasize mentorship, community
Mar 193 min read


Founder Insights: How Perdix Software CEO Steven Smith Is Digitizing Manufacturing from Rochester
ROCHESTER, N.Y. — Long before he was building software for manufacturers, Steven Smith was already experimenting with entrepreneurship. As a child growing up in Greece, New York, he built haunted houses and arcade-style attractions in his grandmother’s basement and charged family members admission. “ It was probably the first time I realized you could build something and people would actually pay for it, ” Smith said. Today, Smith is the co-founder and CEO of Perdix Software
Mar 174 min read


Rochester’s Technology Community Celebrates Innovation at the 2026 GREAT Awards
ROCHESTER, NY — The winners have been announced and leaders across the region’s technology ecosystem gathered to celebrate innovation, collaboration, and impact at the 2026 GREAT Awards , TechRochester’s annual recognition of the individuals, teams, and organizations shaping the future of technology in Greater Rochester. The GREAT Awards, short for Greater Rochester Excellence and Achievements in Technology, highlight the companies, researchers, students, and innovators using
Mar 64 min read


Rochester’s Women’s Business & Leadership Organizations Are Shaping the Region's Leaders
As Women’s History Month begins, women's business and leadership groups are strengthening mentorship, leadership, and professional connections across the region. ROCHESTER, NY — As Women’s History Month begins and International Women’s Day approaches on March 8, several organizations across Rochester are helping women expand their professional networks, develop leadership skills, and create new opportunities in business and community leadership. International Women’s Day is
Mar 53 min read


Three Rochester-Area Founders Compete on Global Stage in Startup Grind Finals
ROCHESTER, N.Y. — Three Rochester-area founders will represent the region on the global stage as finalists in the 2026 Startup Grind Pitch Battle Royale , an international startup competition spotlighting emerging companies from around the world. The global finals take place March 4, with U.S. viewing times at 11 a.m. ET (8 a.m. PT / 10 a.m. CT). International broadcast times include 4 p.m. GMT and 9:30 p.m. IST, underscoring the event’s worldwide reach. Competing in the fina
Mar 42 min read


Resource: Invest NY Ecosystem Dashboard Mapping Upstate New York’s Innovation Economy
ROCHESTER, N.Y. — The Invest NY Ecosystem Dashboard , an open-access data platform powered by Dealroom, now provides founders, investors, ecosystem builders and economic leaders a unified source of intelligence on startup activity, investment patterns, innovation assets and growth trends across Upstate New York. The platform aggregates company profiles, investor activity, transactions and ecosystem statistics and presents them in an interactive web dashboard at investny.org/
Mar 32 min read


Rochester’s Cannabis Market Comes Into Focus as National Industry Surpasses $30 Billion
ROCHESTER, N.Y. — The legal cannabis industry in the United States has matured into a multibillion-dollar sector, with regulated sales reaching approximately $30.1 billion in 2024 and trending toward an annualized pace exceeding $33 billion entering 2025, according to industry reports. Forecasts project the market could approach $39 billion by 2029, driven by continued state legalization, retail expansion, and product innovation. Against that national backdrop, Rochester and
Mar 23 min read


Bishop Kearney High School Plans Transformational Athletic and Wellness Complex
ROCHESTER, N.Y. — Bishop Kearney High Scho ol has announced plans to develop a multi-use athletic and wellness complex aimed at expanding student opportunity, strengthening campus life, and supporting the school’s long-term growth. The proposed project will include a new on-campus ice rink, athletic facilities, and dedicated training and wellness space designed to serve a wide range of student needs, from physical education and team sports to strength training, fitness, and h
Feb 262 min read


Beyond the Business Card: Unconventional Ways Rochester Professionals Are Building Community
ROCHESTER, N.Y. — For decades, professional networking has centered around conference rooms, cocktail receptions and carefully exchanged business cards. But across Rochester, a growing number of professionals are building meaningful business relationships in far less conventional settings on tennis courts, walking trails and inside boutique fitness studios. The shift reflects a broader change in how professionals think about community. Rather than transactional introductions,
Feb 263 min read


Rochester on the Mic: Podcasts Driving Business, Culture, and Conversation
ROCHESTER, N.Y. — Rochester’s startup and innovation ecosystem isn’t just being built in offices and coworking spaces. It’s being broadcast. Across Spotify feeds, FM airwaves, and independent platforms, a growing group of Rochester-based podcast hosts are shaping conversations about business, leadership, equity, food systems, crime, culture, and community. Some are hyper-local. Others are gaining national attention. All are contributing to how the region tells its story. Her
Feb 254 min read


Upstate Venture Connect to Lead Founder Roadshows to Detroit, Boston, and NYC Tech Week
ROCHESTER, N.Y. — Upstate Venture Connect (UVC) is taking Upstate founders on the road this spring, launching a series of immersive roadshows designed to connect Upstate New York entrepreneurs with investors, customers, and corporate partners in some of the country’s most active innovation hubs. The nonprofit will lead curated delegations to Detroit (May 18–20), Boston (May 27–28), and New York City (June 2–4), aligning each trip with major tech and startup weeks in those ci
Feb 242 min read
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