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University of Michigan’s student-led venture fund invests $100K in food startup MINDWELL
A student-led venture fund in the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan announced on Wednesday that it has made a $100,000 investment in MINDWELL, a plant-based jerky company. The Zell Founders Fund is a $10 million seed fund that seeks out Michigan Ross students and recent alumni whose ventures need…
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Engineered Propulsion Systems, Inc. receives VC funding
Engineered Propulsion Systems, Inc. (EPS) raised $1.52 million in venture capital in July 2018 from undisclosed investors. The raise included an undisclosed amount of convertible debt financing. The company, headquartered in New Richmond, Wisconsin, was co-founded in 2006 by Michael Fuchs, President and CEO, and Steven Weinzierl, Vice President and CTO. At a glance: EPS…
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FinLocker secures third patent and $2.25M in funding lead by Cultivation Capital
FinLocker, a financial data and analytics company, announced the approval of a third patent in July and is in the process of developing additional techniques for securing data – both at rest and during transactions. FinLocker received a $2.25 million venture capital round from Cultivation Capital earlier in 2018. The firm, headquartered in St. Louis,…
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Healthcare software platform HIPAATrek closes angel round
St. Louis-based HIPAATrek closed an angel round last week for an undisclosed amount, from undisclosed investors. At a glance… HIPAATrek is a software platform that provides compliance tools to healthcare organizations seeking to comply with HIPAA. The firm makes the process of compliance easier through its proprietary platform that creates both a secure workflow and…
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Digital Sandbox KC announces addition of four companies to its portfolio
Proof-of-concept program Digital Sandbox KC announced on Monday the names of four new companies that have been added to their portfolio. Earlier this month, Digital Sandbox KC announced that they had been awarded $950,000 in grants from The Ewing Marion Kauffman Foundation and the Missouri Technology Corporation. Digital Sandbox KC moves early-stage entrepreneurs from concept…
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Kansas City-based PatientsVoices receives $150K innovation grant from Nashville’s Jumpstart Foundry
Kansas City-based healthcare technology company, PatientsVoices, was recently awarded an innovation grant totaling $150,000 from Nashville’s Jumpstart Foundry. Jumpstart Foundry’s seed-stage healthcare innovation fund offers capital investments as well as access to customers, follow-on capital and an advisory community of like-minded professionals. “We are thrilled to join the Jumpstart Foundry community,” says Mary Kay O’Connor,…
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Digital Sandbox KC receives $950K in grants from Kauffman Foundation and Missouri Technology Corporation
Proof-of-concept program Digital Sandbox KC announced on Tuesday that the organization has been awarded a $450,000 grant from The Ewing Marion Kauffman Foundation, signaling a renewal of support from the foundation. “Digital Sandbox KC plays a pivotal role in the Kansas City entrepreneurial ecosystem,” said Erin Jenkins, program officer at Ewing Marion Kauffman Foundation. “Working…
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SixThirty announces four new investments out of SixThirty 2.0 fund
SixThirty, a global financial technology seed fund and business development program, announced on Tuesday the first set of investments out of their second fund, SixThirty 2.0. The portfolio of fintech companies leverage AI, mobile wallet technology, computational genomics, and predictive analytics to address opportunities across payments, asset management, commercial banking, life insurance, customer loyalty, and…
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Gross-Wen Technologies, Inc. receives $2M investment to further develop water quality tech
Gross-Wen Technologies Inc. announced on Wednesday receipt of a $2 million investment from Doerfer Corporation, a US-based engineering designer, manufacturer, and integrator of factory automation and technology-based systems and related equipment. GWT is working to solve one of the world’s largest problems, water quality, by commercializing an algal wastewater treatment technology developed and housed at…
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AgriSync announces capital raise to propel company growth
Waukee, Iowa-based AgriSync, Inc. announced on Thursday the raise of seed funding from venture investors. The raise will support the Agtech firm’s plans for future growth. The raise was led by Innova Memphis via its Innova Ag Innovation Fund IV, a USDA Rural Business Investment Program licensed fund with several Farm Credit Banks as limited…