A pair of high-impact funding rounds were announced in StartupCincy on Wednesday — each from very different realms of the ecosystem, but both with Northern Kentucky ties.
CompleteSet nabs big second round of seed capital led by Connetic Ventures
The first announcement came from CompleteSet, a Covington-based startup with an online collectibles marketplace.
Angel capital group Connetic Ventures, also based in Covington, led the financing round. Northern Kentucky Growth Fund, Angel Capital Group and Chicago venture capital firm M25 Group also invested in this round of funding.
CEO Gary Darna told the Cincinnati Business Courier he will use the latest round of funding to accelerate growth by adding users, he said. CompleteSet will increase its marketing efforts to add typical marketplace sellers and buyers and to gain people who want to sell large collections on consignment.
Pipeline H2O Class I member secures funding before first demo day
Lexington-based Powertech Water, an upcoming graduate in the Pipeline H2O’s accelerator’s first class, announced an early-stage investment from the Clean Energy Trust for $200,000.
PowerTech Water has developed disruptive water filtration technology aimed at reducing treatment costs for water-intensive industries.
PowerTech Water will be featured as one of the six presenting cohort members when the Pipeline H2O accelerator holds its first demo day at Union Hall on May 18. (See ticket information.)
Based out of The Hamilton Mill in Hamilton, Ohio, Pipeline’s mission is to identify and commercialize the world’s leading water-based startup technologies. They leverage the country’s premier public-private water innovation cluster to provide customers, mentors, and support.