Investments & Funding

(k)AIM_Chip_Black_200x168
Photo Stock from Pixabay

Agtech Startup Bushel Announces Series B Raise

By SPN Newsroom / December 19, 2019

This week Bushel announced that it raised $19.5 million in a Series B funding.  The Fargo, North Dakota based company has consistently attracted money from around the country that is seeking to participate in the growing ag-tech market.  Fargo is one of the leading communities launching ag-tech startups in the region – including the Farm…

Read More
Funding Report Graphic

Weekly Funding Report

By Tom Chapman / December 17, 2019

The Silicon Prairie had an excellent week as deals appear to be closing before the holiday rush.  St. Louis and Minneapolis had strong weeks.  And we had a big round in Oklahoma.  The Zero Card of Tulsa which provides an interesting software solution to healthcare costs received significant outside funding – including participation from the…

Read More

Funding Roundup for the Week of Nov. 11

By Hannah Rotschafer / November 26, 2019

The Silicon Prairie had a strong funding week — more than twenty deals and many large ones.  Oklahoma and Manhattan, Kansas with some noteworthy +1mm raises. Chicago continues to be a leader, but the deals are spread throughout the entire region. Large Rounds (10+ million) Vyriad – $24.38 million – Rochester, MN – Vyriad is…

Read More
Stackify Logo

KC-Based Stackify Is Growing Fast, Hiring Too

By SPN Team / November 22, 2019

Stackify has raised another round of capital.  Stackify filed paperwork on November 20, 2019 that they had raised $4.132 million dollars.  In conversations with the company, they revealed that they had actually raised a little more than $6 million in the form of both debt and equity.  The round included $2 million from Cypress Growth…

Read More
Funding Report Graphic

Funding Roundup for the Week of November 4th

By Tom Chapman / November 18, 2019

The Silicon Prairie had a dry week when it comes to outside fundings.  So, the winning cities really appear to be Fayetteville, Arkansas and Iowa City, Iowa.  While neither city had huge deals, they both participated in the creation of ground breaking technologies that have received multiple mechanisms of support from the universities, local economic…

Read More
Funding Report Graphic

Funding Roundup for the Week of Oct. 28

By SPN Team / November 11, 2019

Two Silicon Prairie companies will be moving to Buffalo in the upcoming weeks, thanks to a program created by 43North.  The program announced seven winning companies last week – including Strayos (St. Louis) and Peanut Butter (Chicago).  As part of the program, both companies must move their CEO and a majority of staff to Buffalo.…

Read More

St. Louis-Based Genomics Company, PierianDx, Raises a Big Series B Round

By Tom Chapman / October 30, 2019

St. Louis continues to have strong biotechnology startup fundings.  The most recent funded company is PierianDx, a clinical genomic informatics company. This week the company announced that it has raised $27 million from ATW Partners and SJF Ventures.  In addition to these funders, other existing investors participated in the round, including Health Catalyst Capital, Inova…

Read More
Funding Report Graphic

Funding Roundup: Week of Oct. 7

By SPN Team / October 21, 2019

This was a relatively light week for funding announcements in the Silicon Prairie, but it was dominated by rounds from Chicago, Minnesota, and Wisconsin. Large Rounds ($10+ million) The Milwaukee Business Journal reported that Shine Medical Technologies raised $50 million in new financing from Oaktree Capital to continue to commercialize radioisotopes for medical uses. In…

Read More
Funding Report Graphic

Funding Round Up: Week of September 30

By SPN Team / October 14, 2019

The funding round up is an aggregation of a variety of sources, including Pitchbook, Form Ds, and Crunchbase.  After building a list from these sources, we look for press releases and other mechanisms to provide more information.  If you are would like to appear in the funding round up next week, please email us at…

Read More
Funding Report Graphic

Big Round for Spear Power Systems

By SPN Newsroom / October 8, 2019

Spear Power Systems filed paperwork with the SEC and announced that it had raised a round of outside capital this week.  In its Form D filing, the company identified that it had raised more than $14.5 million dollars in an external financing round. Spear Power Systems designs and manufactures lithium ion battery storage systems for…

Read More