State numbers show venture financing on the rise

23 Oct 2017

Through his Blackdirt Farm in Stamford, David Nicola planted $850,000 last month in an initiative to repurpose Georgia farmland for the “grass-fed” and organic movement.

Back on his home turf in Connecticut, plenty of other investors have been sowing the seeds for ventures that could one day sprout jobs.

Connecticut had its single biggest quarter in three years for venture financing at $164 million between April and June, nearly doubling the first-quarter totals as tracked by Hearst Connecticut Media in its quarterly review of filings with the U.S. Securities & Exchange Commission and other notifications.

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