Rochester Business and Startup News
Upstate Technology, Innovation & Business Coverage

ITHACA, N.Y. — An Ithaca-based biotech startup focused on critical mineral recovery has secured new state funding to accelerate its path to commercialization. REEgen was awarded $200,000 on April 16 through the Innovation Matching Grants program, administered by Empire State Development’s Division of Science, Technology and Innovation (NYSTAR). The funding will support deployment of the company’s BioREEcover technology, which is designed to recover rare earth elements from in

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

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

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

ROCHESTER, N.Y. — Upstate Venture Connect (UVC) has announced the eight founders from seven high-growth Upstate startups selected to participate in its first Founder Roadshow of 2026, a curated delegation heading to Michigan Tech Week in Detroit this May. The “Upstate to Detroit: Founders Roadshow” will bring a cohort of venture-scale companies into one of the Midwest’s fastest-growing innovation hubs for a multi-day immersion designed to accelerate growth, unlock capital,

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

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/

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