Excell Partners

This EDA investment will support Excell Partners’ (Excell) efforts to organize its 70 angel co-investors into a $10 million - $15 million regional fund called “Upstate NY Capital Gap Angel Fund,” which is designed to meet the unmet demand for equity investments between $250,000 and $1 million. This fund will support ventures in high-growth, high-tech sectors, such as optics/photonics, energy and life sciences, with an additional focus on firms in rural communities that provide employment opportunities. Excell also manages a successful fund dedicated to investing in Minority/Women-owned Business Enterprises and seeks to adapt that model to facilitate capital access in rural areas and low-to-moderate income communities.