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Parametric Studio Inc. awarded $738,000 grant
Ames-based Parametric Studio Inc. has received $738,000 in grant money from the National Science Foundation Small Business Innovation Research fund. This NSF SBIR grant will help Parametric Studio, Inc. commercialize its technology. The company is developing its EDISON software, which is designed to provide a collaborative environment for students to formulate and solve problems, simulate…
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TruMarx closes $7.2 million deal
TruMarx Data Partners, Inc. raised $7.22 million in venture funding in a deal led by HBS Angels Alumni Association on October 25. Cornerstone Angels, Bob Green, Tom Price, and B-Con LP also participated in the round. Chicago-based TruMarx was co-founded in 2007 by Jon Olson, Michael Mackey, Glenn Smart, and Charles Reese. The company delivers…
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SMRxT completes $3.9M equity raise
Overland Park, Kansas based SMRxT executed a $3.9 million equity raise last week. The company has “humanized” the pill bottle to ensure that patients are taking their medicine. The company was founded in the mid-2000s. It started as a means to improve patient adherence to medication schedule. On their website, the company estimates that this…
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LendingStandard closes fund-raising round at $2M
Olathe, Kansas based LendingStandard closed a $2 million round. The firm, formerly known as formzapper.com, provides software that facilitates commercial lending underwriting. LendingStandard is a software platform that creates an open environment for communicating and documenting potential transactions. This allows the parties to request, receive, edit, and collaborate on a secure platform inside of a…
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Iowa City’s Rantizo lands $500K in seed funding
Iowa City-based Rantizo lands convertible debt funding of $500,000. The company, profiled by Silicon Prairie News in September, is part of the Iowa Startup Accelerator in Cedar Rapids and has developed a unique drone technology that delivers targeted spraying, primarily in agricultural applications. In an article written by Clay & Milk following the induction of the…
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Cedar Rapids-based SwineTech raises a new round for planned expansion
In a recent SEC filing, SwineTech disclosed the raising of a $1.5 million debt round to begin its expansion into other states and countries. The company, based in Cedar Rapids, Iowa, is the provider of unique technologies that facilitate piglet safety during pork production. Using multiple proprietary technologies including acoustics and artificial intelligence algorithms, the…
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Wisconsin startup Dodles raised angel funding in September
Wisconsin-based social animation application company Dodle has raised $446,000 angel funding in a deal led by Bruce Hawley. Mike Sanders also participated in the round. The company has raised $2.75 million to date. The company was founded in 2014 by Craig Doriot and Patti Pirkey and has 18 employees. It is located in Combined Locks,…
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EquipmentShare Continues Hot Run
On October 5, Columbia, Missouri based EquipmentShare filed paperwork confirming an additional $10 million raise. This filing followed a late August filing that the firm had raised $25 million. This fund raise follows an A Round led by Romulus Capital and Insight Ventures––nationally recognized venture capital firms that don’t tend to invest frequently in the…
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Omaha based Faithbox® raises capital
Subscription box company Faithbox Inc. has recently completed a $1.35 million seed round to rapidly scale their core Faithbox product, which helps Christians stay on track with their faith. The funding will also support the explosive growth of their new “Powered by Faithbox” line of subscription boxes created in collaboration with Christian musicians, authors and…
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iotaMotion receives $2.1M in additional round of financing
Iowa City, Iowa based medical device company, iotaMotion, filed paperwork with the SEC regarding their October 9, 2018 $2.1 million raise. The company provides cochlear implants (“CI”) to moderate hearing loss sufferers. The device dramatically expands the CI market by moving the bar for access to the devices down to moderate impairments by lowering the…