Cloud-based SaaS startup OrbitalRX receives The Launch Place’s first investment of the year. The Launch Place, a venture development organization with offices in Danville, VA, and Research Triangle Park, NC, has invested $150,000 from their Seed Fund II in OrbitalRX, marking their twenty-third venture. OrbitalRX joins an investment portfolio of innovative, high growth startups in the information technology, medical device, green technology, manufacturing and other sectors.

Panaceutics Nutrition, Inc., a personalized nutrition company, today announced it has named veteran biotechnology executive Adam Monroe as Chief Executive Officer.

Today, The Launch Place, a venture development organization with offices in Danville, VA, and the Research Triangle Park, NC., is pleased to announce the top 8 finalists who will be pitching their businesses on stage at the seventh annual Big Launch Challenge held virtually on November 18^th.