The fund, launched in 2017, collaborates with corporate, private, and philanthropic investors to support the resurgence of the Buffalo/Niagara region in Western New York. It focuses on investing in startups aged 2-3 years, with typical rounds having 1-2 participants. The fund has notable sponsors such as New York Ventures and New Brunswick Innovation Foundation. It has a strong presence in Canada, despite being based in the United States. The fund's top investment areas include Machine Learning and Internet of Things, with deals ranging from $1-5 million. It is actively involved in 2-6 investment rounds annually and has a portfolio that includes successful startups like SomaDetect.