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Nebraska’s homespun mini surgical robot company inspires support
Virtual Incision Corporation (VIC), founded on the collaborative efforts of two professors in the University of Nebraska ecosystem, has once again secured additional funding for its in vivo surgical robotics platform. On July 3, the company closed $1M in debt financing from Sioux Falls, South Dakota-based investment firms Bluestem Capital Company and Prairie Gold Venture…
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Cardio Flow secures funding for device that removes plaque from arteries.
Early-stage medical device company, Cardio Flow, Inc. based out of St. Paul, Minnesota received $4.3 million in equity funding from an undisclosed angel investor in early June.
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Plastomics: addressing food insecurity with better crops
Ag biotech startup, Plastomics, based out of St. Louis, Missouri raised $2.03 million in funding on May 8 to further develop its novel genetic engineering platform. The funding was provided by Missouri-based venture development organization BioGenerator. BioGenerator is an evergreen investor that had previously provided seed funding for Plastomics in 2017. Jeff Staub, PhD., co-founder…
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Chicago-based Kalderos secures financing
Chicago-based health tech startup, Kalderos, announced last month that it had raised $7 million in new financing to promote market adoption of its first-to-market platform that introduces transparency to the prescription drug pricing process and monitors whether discount programs are being properly implemented.
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VIDA Diagnostics secures debt financing for pulmonary precision informatics platform
The Iowa Innovation Acceleration Fund has loaned Coralville, Iowa medtech company VIDA Diagnostics $500,000 to further develop its innovative AI-driven imaging and analytics platform for radiologists. This is the second contribution from the state fund to the company. Previous, financing has also been received from Delaware-based Chartline Capital Partners and Iowa’s Next Level Ventures. This…
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OnLume raises funds for system that makes fluorescence image-guided surgery possible under bright lights
Medical device company OnLume obtained $749,000 in its first round of venture funding on May 17, 2019 from an undisclosed source to further develop its platform. This spinoff company from the University of Wisconsin–Madison was previously financed via a $300K Phase I Small Business Innovation Research (SBIR) grant through the National Cancer Institute (NCI) at…
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Synerfuse secures venture funding for its novel opioid-free solution for chronic back pain
Minnesota-based therapeutic device startup Synerfuse secured $2.64M in equity financing from an undisclosed angel investor, last month. This is the first round of venture funding for this Gener8tor alumnus. The funds will be used to support the first clinical trial of their long-term pain management system. This first phase is scheduled to begin this summer…
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Your guide to the Heartland’s 1 Million Cups events
1 Million Cups was developed in Kansas City, MO in 2012 by Co-Founders Cameron Cushman and Nate Olson who were working at the time on the Entrepreneurship Team at the Ewing Marion Kauffman Foundation. What began as an experiment to bring entrepreneurs in one city together over a cup of coffee towards a goal of…
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Monetery Tech Summit 2019: Setting the bar for ecosystem building advocacy in the Midwest
May 21, 2019, was not just another rainy Spring day in Iowa’s capital city of Des Moines, but also Day One of the highly anticipated Monetery conference where hundreds of tech entrepreneurs, investors and ecosystem builders gathered to exchange ideas in the historical downtown space of the Temple of Performing Arts. Monetery was first launched…
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MatMaCorp brings genetic testing technology into veterinary clinics
The company’s platform is designed to analyze the genetic information carried in nucleic acid molecules such as deoxyribonucleic acid (DNA) in animals or ribonucleic acid (RNA) in some pathogens.