First Flight Venture Center Overview

  • Investor Type
  • Accelerator/​Incubator
  • Status
  • Active
  • Investments
  • 19
  • Portfolio
  • 7
  • Exits
  • 11

First Flight Venture Center General Information


First Flight Venture Center is an incubator and venture capital firm specializing in early and start-up companies. The firm primarily invests in technology and biotechnology companies. It typically invests in companies based in or relocating to North Carolina. Further, the firm focuses on companies in Research Triangle Park area. It generally invests between $25,000 and $0.25 million. The firm offers office and laboratory space with flexible leases, shared business services and equipment, technology support services, assistance in obtaining financing, and management guidance to its portfolio companies. First Flight Venture Center was founded in 1991 and is based in Durham, North Carolina.

Contact Information

Investor Status
Actively Seeking New Investments
Primary Investor Type
Other Investor Types
Venture Capital
Primary Office
  • 2 Davis Drive
  • Durham, NC 13169
  • United States

First Flight Venture Center Investments (19)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Optimal Tech 01-Jan-2018 Accelerator/Incubator Energy Production Generating Revenue
0000000 14-Sep-2017 000000000000 Drug Discovery Clinical Trials - Phase 2
0000 000000 15-May-2015 000000000000 Social/Platform Software Out of Business
00000000000 29-Dec-2014 00000 00000 00000 Business/Productivity Software Generating Revenue
0000000 15-Dec-2014 000000000000 Diagnostic Equipment Generating Revenue
00000000 0000000 27-Aug-2014 000000000000 Electronic Equipment and Instruments Out of Business
00000000 000000 18-Aug-2014 000000000000 Diagnostic Equipment Generating Revenue
00 23-May-2014 000000000000 0000 Plant Textiles Out of Business
Sanitation Creations 23-May-2014 Grant 0000 Other Consumer Durables Out of Business
ZumaTek 06-Feb-2014 Accelerator/Incubator Diagnostic Equipment Out of Business
You’re viewing 10 of 19 investments. Get the full list »
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First Flight Venture Center Exits (11)

Company Name Exit Date Exit Type Exit Size
Diabetic Health 19-Dec-2019 Merger/Acquisition
000000000 01-Dec-2018 000 00 00000000
0000 000000 01-Jan-2018 000 00 00000000
0000000000 000000 07-Mar-2017 0000000000
0000000000 0000000 01-Nov-2015 000 00 00000000
00 01-Sep-2015 000 00 00000000
00000000 000000000 01-Sep-2015 000 00 00000000
0000000 01-Jun-2015 000 00 00000000
Green Cooling Group 18-Jun-2012 Out of Business
OpenMind Publishing Group 01-Feb-2002 Merger/Acquisition
You’re viewing 10 of 11 exits. Get the full list »

First Flight Venture Center Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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