
Brown and white ventures
LATEST NEWS
July 8, 2026

BWV Announces Investment in Bounce Imaging, WNY Tactical Imaging Leader
Brown and White Ventures, Fund I LLLP announced its strategic investment in Bounce Imaging, Inc., the industry leader in throwable 360-degree situational awareness technology. This investment will enable Bounce Imaging to scale its production capacity and accelerate the development of next-generation tactical sensors to meet the surging demand from domestic law enforcement and international defense agencies. Bounce Imaging has redefined how warfighters and first responders engage with dangerous, confined spaces. Founded at Harvard Innovation Labs and MIT, Bounce Imaging products utilize proprietary omnidirectional camera technology to provide tactical teams with an instantaneous, 360-degree view of their surroundings and eliminates "blind spots" that lead to casualties. The company’s products are already integrated into elite units including the Army Rangers. It is a U.S. Special Operations Command (SOCOM) Program of Record and its products are deployed across every FBI field office in the United States and by elite military units and tactical teams around the world. "Brown and White Ventures invests in founders and companies solving critical, high-stakes problems with proven, scalable technology," said Jim Aroune, Co-founder and General Partner of Brown and White Ventures. "Bounce Imaging is a rare example of a company that has moved beyond the R&D phase to become a Program of Record for SOCOM.” "We're proud to welcome Brown & White Ventures as an investor and partner,” said Lauren Baynes, Chief Growth Officer of Bounce Imaging. “From our first conversations, it was clear they share our conviction that world-class technology companies can be built right here in Western New York.” The investment comes at a time of significant growth for Bounce Imaging. With a $15 million IDIQ contract from Customs and Border Protection and over $12 million in DoD contracts to date, the company is positioned to capture a multi-billion dollar market opportunity across defense, law enforcement, and search-and-rescue sectors. “They saw what we see—a company that's already delivering mission-critical technology to customers around the world and still has tremendous opportunity ahead,” Baynes said. “We're excited to partner with a team that understands both the complexity of commercializing deep technology and the value of building enduring companies with lasting impact." “Their technology doesn't just improve efficiency; it saves lives,” Around said. “We are proud to partner with them as they scale their production to meet the unprecedented demand created by the current global security environment." Bounce Imaging is trusted by more than 800 public safety agencies and military organizations worldwide, Bounce Imaging's portfolio of throwable 360° cameras, thermal imaging systems, and advanced sensing technologies delivers real-time video and audio from places people, robots, and drones often cannot reach.
RECENT NEWS

Counsel Stack Invited To '26 ILTACON in Nashville
Founder Von Wooding will take Counsel Stack to the International Legal Technology Association in Nashville, TN August 23rd. Wooding's Pittsburgh-based startup will be one of two-dozen legal AI tech companies available to a giant concentration of technology decision-makers. Expected attendees include law firm tech leaders, including CIOs, CTOs and IT directors from small firms to G200 firms. "We're excited to be one of the few companies invited to participate," Wooding said. "It means firms and IT operators are taking notice of Counsel Stack." Legal operations managers, litigation support professionals and knowledge managers are among the operational experts attending ILTACON. In-house counsel and corporate tech managers represent corporate legal departments who will arrive ready to take the next step in Nashville. ILTACON is a prime environment for people who evaluate and deploy legal software. Firms like Counsel Stack don't just meet lawyers, they interact directly with the IT and operations leaders who lead implementation and control budgets. ILTA features a dedicated ILTA Startup Hub, offering emerging companies a highly affordable, designated space in the exhibit hall designed specifically for new disruptors to get noticed. It's where conference attendees will find Counsel Stack. Wooding appreciates the peer-driven interaction of ILTACON and believes it'll be a most efficient effort to grow Counsel Stack's partner base. "You won't find many places like it where you can validate your product-market fit. We'll hear pain points directly from those who practice law and those who lead the IT operations of firms," Wooding said. Counsel Stack is a portfolio company of Brown and White Ventures.
June 26, 2026

Students Sprint Into Summer Internship Program
For the 10th semester, Brown and White Ventures hosted student interns to observe and participate in the fund's venture capital mission. Matthew Wilson, St. Bonaventure University, stopped by the fund's Fairport offices in June to visit with Neil Bommele and Jim Aroune. Wilson, a Brighton resident and junior finance major, joined Michael Sears, a 2026 St. Bonaventure graduate and MBA student, and Christian Smith, a sophomore sports marketing major at SBU, in the latest class of fund interns. Interns in this program participate in the fund's due diligence process, take part in fund and startup pitch calls and develop content for the fund's communication initiatives.
June 19, 2026

Fund Founders Attend SBU Invitational, University Endowment Event
The co-founders of Brown and White Ventures Fund I are proud to have been a part of a tremendous advancement event hosted by St. Bonaventure University. Its second annual St. Bonaventure Invitational golf event at Pinehurst Resort in North Carolina boosted the institution’s endowment to new heights. Beyond walking both Pinehurst’s newest course The Sand Mine, and the The Cradle, site of 4 US Opens, as well as a PGA Championship and a Ryder Cup, Jim Aroune (‘87) and Chuck O'Neill (‘83) shared three days of great conversation with alums who care deeply about the institution. Congratulations to SBU President Jeff Gingerich, trustee emeritus MichaelHickey, whose vision for the event is delivering a unique experience for alums, current board chair LukeBrown and the entire SBU Golf Committee for making a new fundraising tradition as Bona’s as any other. The limited partners of Brown and White Ventures commit to delivering 10% of the fund's net profits as a charitable contribution to the university.
June 16, 2026
WHY BROWN AND WHITE VENTURES?
Integrity
Behaving honorably, even when no one is watching. We follow moral and ethical principles in all aspects of business and extend strong ethical practices in decision making, interacting with colleagues and serving customers or clients.
Insight
Being able to see or understand something clearly, often sensed using intuition. Understanding the company goals enables us to find solutions to even the most difficult tasks.
Experience
Varied professional experiences makes a difference in venture capital. Our willingness to share that experience and see our companies through adds value to our portfolio.
Investment Focus

Healthcare and Medical Startups
Shaping the future of wellness

Supporting Diversity in Entrepreneurship
Fostering diversity in entrepreneurship

Tech and Energy Startups
Driving progress towards sustainable solutions

WNY, FLX, CNY and Upstate
Generating growth in the University footprint.










