Accelerate New York Seed Fund is a $6 million early-stage venture capital firm established in 2014 (with some sources citing 2017). See contact routes.
Accelerate New York Seed Fund is a $6 million early-stage venture capital firm established in 2014 (with some sources citing 2017) in Melville, New York, co-managed by Peter Donnelly and Mark Lesko to support science and technology startups emerging from university research. The fund targets pre-seed and seed-stage ventures in Downstate New York, including New York City, Long Island, and the Mid-Hudson Valley, focusing on sectors such as biopharma, materials, technology, medtech, healthcare, and energy. It typically invests between $25,000 and $100,000 per company and requires a dollar-for-dollar match from private-sector funding, often acting as a follow investor rather than a lead. Notable portfolio companies include Qunnect, which received an $800,000 seed investment in January 2020, though the fund has only four tracked investments across four companies. The fund operates in partnership with Empire State Development and is overseen by the nonprofit Accelerate Long Island, which provides mentoring and commercialization support to local innovators. Unlike the Accelerate Long Island Seed Fund, this entity casts a wider geographic view across all
Every field above is read from the StartupFundraising firm directory — disclosed location, recorded investments and stated focus — and re-checked as filings arrive. Founders pair it with investors in Melville when building a target list.
Investors like Accelerate New York Seed Fund · Full investor directory · Investor access · Company funding database