A Bethlehem venture capital firm is among four firms sharing $5.5 million in funding being released by the New PA Venture Capital Investment Program.
The money is coming from the returns from previous backed investments made by the state-backed program, which invests in early-stage businesses.
Activate Ventures, which is located on Research Drive in Bethlehem received $2.5 million.
Glenn Bressner, managing partner of Activate Ventures said the fund focuses on early-stage business ideas.
