SC Launch Inc.

Overview

Established in 2006, SC Launch Inc. is the investment affiliate of the South Carolina Research Authority (SCRA). The organization supports advanced technology and technology-based businesses by offering seed and follow-on capital, supplementing funding from other sources such as venture capital firms, strategic investors, angel investment groups, individual investors, and private equity firms. This approach aims to fuel the state's economy by nurturing innovative startups. SC Launch Inc. focuses on various sectors, including technology, healthcare, life sciences, information technology, financial services, consumer products, advanced manufacturing, aerospace, defense, energy, environmental services, education, agriculture, transportation, and logistics. The organization invests in companies at different stages, from seed to growth, with investment sizes ranging from $250,000 to $300,000. Their geographical focus is primarily on the United States, with a particular emphasis on South Carolina-based companies. The organization's investment strategy involves providing convertible loans and equity investments to qualifying SCRA Member Companies. The returns from these investments contribute to its financial sustainability and fund future investments, enabling SC Launch Inc. to continue supporting the growth of next-generation technology startups in South Carolina. This model has led to a diverse portfolio of companies across multiple industries, reflecting the organization's commitment to fostering innovation and economic development within the state.

Investment Focus

• Companies must be based in South Carolina and participate in the SC Launch program.

Portfolio Companies