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…

Funding Report Graphic

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 to grow the team to 30 by the end of the year.
• Hazel Technologies raised $11 million to help slow down the aging process of fruit with their technologies. The Chicago-based company has a plastic insert that goes into containers to help disrupt the natural processes.
• Built In from Chicago closed a $22 million dollar round that included a variety of Midwest investors, including Dundee Venture Capital. The firm uses software to help firms find great candidates and express cultural information about human resources benefits to potential hires.
• Earlier in July, Minneapolis based Player’s Health raised a $2 million seed round. The company’s software helps provide information about athlete’s injuries and medical information.
• Virtual Incision, a Lincoln, Nebraska based startup, completed a bridge loan. Virtual Incision is a surgery system that helps minimize the size of the incision and invasiveness of certain types of abdominal surgeries.
These companies come from all corners of the Silicon Prairie showing that the region has strong venture activity.

JOIN THE MOVEMENT!

Sign up to receive daily updates in your inbox.