QCA First Fund Portfolio Companies
Fortis
Security Products has been established by three industry
veterans who provide financial institutions with innovations in
physical security products such as drive-up pneumatic equipment,
safes, vaults, and safety deposit boxes.
QCA First Fund again collaborated with the Tri-State Growth Fund
and private investors inside and outside of QCA to provide the
capital to create and launch this business.
SpineForm
has licensed patents from Cincinnati Children's Hospital for a
spinal correction system that will treat scoliosis--curvature of
the spine--in children. The device being developed is
significantly less invasive than current treatment approaches,
and should substantially slow the progression of the condition,
possibly even reversing it. The company will seek additional
funding after a number of significant development milestones
have been achieved.
QCA First Fund, the Tri-State Growth Fund, and the Kentucky
Co-Investment Fund worked together to provide convertible notes
to fund the company's development efforts. In December 2006, the
notes were converted to equity as part of a Series A financing.
ShareThis,
formerly know as Nextumi, has created a one-step tool that
allows anyone to share any object with anyone, no matter where
he/she is. The tool makes it simple to share pictures, videos or
webpages with email or any of the social media options.
QCA First Fund has teamed with Blue Chip Venture Company,
Illinois Emerging Technology Fund, DFJ Mercury and others to
provide Series A funding for the company.