Posts by SPN Team

Funding news from last week

Last week was an active week in the Silicon Prairie with a variety of companies receiving outside investment. Some noteworthy companies continue to raise money: • Understory, the Madison based weather technology startup, raised a $7.25 million Series B round. In an interview in May, Alex Kubicek (the company’s CEO) said that the plan is…

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Tractor Zoom raises new round

Tractor Zoom raised 1.5 million in the beginning of July in a round led by investors Inova Memphis and Ag Startup Engine, according to SEC filings this month. Kyle McMahon, Tractor Zoom founder and CEO, said the company plans to expand its product line and market reach, and will be used to hire key personnel…

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NCR acquires Omaha-based D3 Banking

Omaha-based D3 Banking has become a leading financial technology solution for large banks. The company has built a broad-ranging platform that allows its customers to build both customized solutions and piggy-back on existing toolsets.

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Flywheel’s New Owner: About WP Engine

Flywheel is an Omaha-based startup that has helped designers create, build, host, and manage WordPress sites. The deal was described as the largest of its type in the WordPress industry in a press release by the acquiring company – WP Engine.

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BanQu, a blockchain as a service company in Minnesota, begins fundraising in Minneapolis

BanQu, a blockchain as a service company, based in Minneapolis, Minnesota, filed paperwork with the SEC this week. The company provides technology that enables supply chain transparency, traceability, and efficiency through non-crypto blockchain technology. The technology specifically targets providing awareness to first world countries that have supply chains in third world locales. By building a…

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Puma Scan builds quick momentum in Des Moines

Puma Scan helps technologists scan a variety of software development code to identify irregularities. The company started in Des Moines in 2017 as an open source product targeted at software developers using C#. However, after tens of thousands of downloads, the company realized that there may be a commercial opportunity to build a professional scanner…

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Health system in Midwest launches $100 million venture fund

  UnityPoint Health, based in West Des Moines, Iowa, has launched a $100 million venture fund to invest in early-stage growth companies in digital health, medical devices, and therapeutic and healthcare services. The Unity Point Health system comprises an integrated network of more than 280 physician clinics and 32 hospitals and home care services throughout…

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Re-shaping our region for the 21st Century

By Matt Cordio and Kathleen Gallagher We’ve got a lot going for us here in the middle. We are one of the world’s agricultural powerhouses. We’ve got the country’s highest concentration of manufacturing activity. We have a heavy concentration of internationally-recognized health IT and health science companies. We have robust food and beverage, and transportation…

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