IDEA NC
FoundationDurham · Seed–Late Stage · 2 people tracked
Investment thesis
NC IDEA is a nonprofit foundation dedicated to advancing entrepreneurship and equitable economic development throughout North Carolina. Through its MICRO and SEED grant programs, along with ecosystem partnerships and initiatives like the NC Black Entrepreneurship Council, it provides non-dilutive funding and support to early-stage companies and entrepreneurial support organizations statewide. Since 2006 it has awarded more than $26 million in grants across all regions of North Carolina, aiming to make the state the best place in the nation for inclusive entrepreneurial economic development. Its programs span diverse industries including SaaS, mobile apps, medical devices, biotechnology, life sciences, information technology and consumer products.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from public directories
What they invest in
from 34 of 351 portfolio companiesHealthtech ×13AI & Machine Learning ×7Biotech ×7Medical Devices ×5Data & Infrastructure ×4Deep Tech ×4Enterprise Software ×4SaaS ×4
HQs:United States×51
Investments · 351 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 52022 · 12020 · 22019 · 22018 · 12017 · 22016 · 115 dated
Guerrilla RF designs and manufactures high-performance RFIC and MMIC components, including low noise amplifiers, gain blocks, power amplifiers, mixers and switches.
Deep TechHardwareSemiconductorsGreensboro, US
Ryan Michael Pratt(Chief Executive Officer and Director)Kellie Hyon-Ok Chong(Chief Business Officer)Mark Alan Mason(Chief Operating Officer)John Alen Berg(Chief Financial Officer)Sam Funchess(Director)Andy Dreyfuss(Director)
Allstacks is an AI-agent platform that connects data from software development tools (Jira, GitHub, GitLab, Jenkins) to provide engineering teams and leaders with delivery metrics, risk alerts, and recommendations for planning, managing, and optimizing software creation.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareRaleigh, US
Jeremy Freeman(Founder)Hersh A. Tapadia(Executive Officer, Director)Darrell J. Freeman, Jr.(Executive Officer, Director)Scot Sherwood(Director)
BoardAndrew Drylie(Director)Firas Raouf(Director)
Altis Biosystems builds RepliGut®, human intestinal tissue models grown from human intestinal stem cells that provide human-relevant preclinical data for drug absorption, metabolism, toxicity, and disease modeling.
BiotechDeep TechHealthtechMedical DevicesDurham, US
Christopher Sims(Executive Officer)Jimmy Smedley(Executive Officer)Samuel Franklin(Director)Joseph McMahon(Director)Michael Biron(Executive Officer, Director)Swetha Peddibhotla(Senior Scientist)
Durham, US
Paul Harney(Director)David E. Gardner(Director)Anil Chawla(Executive Officer, Director)
Armada IQ provides AI strategy consulting and implementation services, including proprietary AI system design, machine learning model deployment, data infrastructure architecture, and enterprise training for organizations seeking to develop and operationalize AI capabilities.
AI & Machine LearningEnterprise SoftwareCharlotte, US
Arpio provides an automated disaster recovery platform purpose-built for AWS and Azure cloud applications.
Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareSaaSDurham, US
Doug Neumann(Founder)inShaw Terwilliger(Founder)in
BoardEric Engineer(Director)
Washington, Dc, US
Frederick Douglas Grant(Executive Officer, Director)
BatteryXchange operates a network of kiosks that let mobile device users rent portable batteries via a QR-code scan and return them to any kiosk in the network within 24 hours.
Circular EconomyConsumerHardwareCharlotte, US
Desmond A Wiggan(Executive Officer, Director)Aubrey Yeboah(Executive Officer, Director)
Browse all 351 investments with full details →
▶151 more tracked companies
MotaaviMuuk TestMvtrakMybeehyveMycologicsMykareMykinfoMymatrMyperiodpalNanoforgeNatrxNautilus MaterialsNeighborzNeomega Nutritionals LlcNeuroPlusNext RayNirvana SciencesNo Evil FoodsNo Mess SpfNoteninjaNovocorNurtured NestNurv Fit CorporationOncoscopeOpensproutsOpiaidOrchid Gene LlcOtherscreenPadeoPanaceutics IncPapermulchPatagonia Health IncPeriscope Health AnalyticsPettygigsPhinitePhyscientPiedmont PenniesPinnacle Medical ProductsPip GrowPlanktos InstrumentsPlantd ClimbingPlantnrgyPollynation ApothecaryPonybox ClothingPopupPostbiotic LabsPowerchalk LlcPreservation DyehouseProaxionProctorfreeProject HeelProtect3dProtochipsProtopiaPt WiredPump For JoyPureskill GgQcardQuartersproutRebundleRedbud LabsRemedeaseRenaissance FiberRent AssuredResistor BrewsResolvexRethink LedgersRevBossRim HelmetsRite Of PassageroobrikRosa TechnologySalusSandbar Oyster CompanySaniSarda Technologies IncSavii IncScale Social AiScion NeurostimSeachange TechnologiesSecure LivingSelah InnovationsSeniors In TransitionServehubShyftautoSinobas AmplificationSinonSix Wing StudiosSize Me UpSmart Girls HqSnappicfixSnapyetiSnugwicksSocial CascadeSoteria Formulations IncSpice WitchSpoonflowerSpring EngageSpring MulberryStartup SpotStemzSubstantial MediaSureSurveiTeam Genius SquadTec CelThe Coaching MarkThe Quick SpaceThe Wed CliqueThimblerThree Strands Recovery WearTin LizzeeTom JennysTransLocTrinketTrio LabsTrommlTsv AnalyticsUnbox The DressUndecidedUnravelUp OnUpswingUrban OffsetsValencellVengaVenturing Lifestyle DesignsVerineticsVirnikaVitalfloVitality Robotics IncVizlaVizma Life SciencesWashington’s HammerWeeklyWell Seasoned TableWest End LearningWeyezeWh FarmsWildweed GardensWithout A Trace FoodsWorxstr LlcWrangleWreckingball Systems LlcWritten Word MediaXr TechnologiesYour Case PlanYour Minute MechanicZarias MilkZenaluxZumatek
Exits · 2
IPOs and acquisitions across the tracked portfolioGuerrilla RFOTC: GUERArcametrics Systems Incacq. by Media Math
Portfolio news
latest coverage across their companiesArpio · arpio.io · Jun 3, 2026
Frequently asked questions
- What stage does IDEA NC invest at?
- IDEA NC invests at the Seed, Series A, Series B, Late Stage stages.
- What is IDEA NC's typical check size?
- IDEA NC typically writes checks of $250K – $2M.
- What sectors does IDEA NC focus on?
- IDEA NC focuses on Biotech, Consumer, Data & Infrastructure, Enterprise Software, Hardware, Healthtech, Impact & Social Good, Media & Entertainment, Medical Devices, New Materials, SaaS, Sector Agnostic.
- Where is IDEA NC located?
- IDEA NC is headquartered in Durham, US.
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