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Kearney-based Phynd onboards major customers and seeks competition
Last November, SPN profiled Phynd Technologies, a healthcare data management startup based in Dallas and Kearney, Nebraska. We recently had a conversation with Founder and CEO Tom White following the announcement of two new major customers, Prime Healthcare based in California and the University of Michigan Health System. “Our market is really the large, urban…
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Union Bank & Trust’s Catalyst Initiative goes to work for small businesses
Startups often find it challenging to convince traditional lenders to invest in their companies. Through an initiative called Catalyst, Union Bank & Trust in Lincoln is working to change that. “As FinTech continues to blow up, how do we use some of the new thought processes for underwriting?” said Tullen Mabbutt, Catalyst Business Banking Advocate.…
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Omaha’s MultiMechanics Raises $1.9M in Seed Funding
MultiMechanics, an Omaha startup and leading developer of virtual testing software designed to help companies reduce physical prototyping and testing, has announced it raised $1.9 million in new financing, with investments from Solvay Ventures, Anzu Partners, and Invest Nebraska. The new investment will be used to grow the company’s engineering team, further its product development…
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Invest Nebraska brings capital raises to state’s communities
In 2011 state-by-state ranking, Nebraska came in dead last in venture capital deals with exactly zero. By 2015, Nebraska had jumped to 25th nationally with 13 deals totaling nearly $120 million.* So what changed? Some credit the Nebraska Business Innovation Act (BIA) for priming the pump. The BIA is administered by the Nebraska Department of…
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T’Work rebrands as Utilize and moves into contractor and rental company space
Last July, SPN profiled Lincoln startup T’Work, an online peer-to-peer marketplace for tool rentals. Now part of the 2017 NMotion Accelerator cohort, the company is rebranding as Utilize and moving into the contractor and rental company space. “It’s been an interesting journey starting T’Work and seeing the way things can meander,” said Co-Founder Zach Davy.…
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Hudl secures $30M in recent fundraising round
Sports tech company Hudl has announced that it has secured $30 million in funding through a round led by existing investors including Accel, Jeff and Tricia Raikes, and Nelnet. In a news release, Hudl said the investment signals continuing confidence in the company and its mission to capture and bring value to every moment in…
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Health Snaps engages patients for better physical therapy results
Three students at the University of Wisconsin were discussing business ideas when one mentioned his experience with a cumbersome paper process during physical therapy. Thinking there had to be a better way, the trio formed Milwaukee-based Health Snaps, a startup currently going through the NMotion Accelerator program. “Max (Zirbel, CTO), Jordan (Mather, CEO) and I…
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Kiai analyzes web content to improve search rankings
Working with a UNL professor on digital humanities research exposed Justin Collier to some powerful natural language processing (NLP) tools. He thought there must be applications outside of academia. “We were using a lot of tools to do NLP for literature,” he said. “A lot of these tools and techniques are not reflected anywhere on…
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Kronfeld Motors wants to bring high-tech autocycle to sports and commuters
Startups like those in the 2017 NMotion Accelerator cohort often refine their product or do a complete pivot during the program. Rich Kronfeld, Founder and CEO of Minnesota-based Kronfeld Motors, doesn’t expect that to happen to him. “I think I know what the product is going to be, it’s not going to change that much,”…
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fyiio tests new markets in video training solutions
When a high school friend asked Alex Kuklinski how to do something technical, he created a video to help her out. In the process he helped out a couple thousand more people and a business idea was hatched. “Tutorials I’ve created have more than 23 million views, seen in every country,” said Kuklinski, Founder and…