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FinTech Company, CardX Raises Round
CardX, a Chicago-based FinTech company, disclosed Monday that the firm had raised $2 million from Pace Financial Group. The company promises no fees on credit card transactions because of the company’s regulatory expertise. The company was founded by Jonathan Razi and Michael Tomko, both graduates of Harvard Law School. These lawyers have created a service…
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Frontdesk Closes Bridge Round
Frontdesk, a Milwaukee startup, helps corporate travelers book travel online. The goal is to become Airbnb for business travelers seeking a place to stay akin to corporate housing. The company states on its website: “We offer securely managed short-term stays at the best apartments in the best cities.” The company was founded in 2018 and…
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Join Pipeline, Change Your Entrepreneurial Trajectory
Today, August 28th, the Pipeline Entrepreneurial Fellowship is opening its application for 2020 fellows. Pipeline is the premier networking, mentoring, and entrepreneurial encouragement program in the Midwest. It has effectively helped build a network throughout Kansas, Missouri, and Nebraska. In so doing, Pipeline has helped, inspired, networked, and shaped individual entrepreneurs that have collectively created…
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Accelerated Ag Technologies, aka PowerPollen, Receives Additional Funding
On the 21st of August, Accelerated Ag Technologies, the parent to PowerPollen, filed paperwork with the SEC that it had received debt financing of more than $600k. As you may recall, SPN profiled PowerPollen in early 2018, (https://spnewsnjt.wpengine.com/2018/01/powerpollen-boosts-yields-cuts-costs-growers/). The company has created a new mechanism to harvest pollen and improve the creation of new seed. …
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St. Louis Company Raises $13+ million
Capacity raised $13.2 million from Midwest investors. The company has a strong pedigree with the co-founders each having successful ventures, including a large exit. However, the firm went about this differently. They had their 50+ employees help in the fundraising efforts by arming each employee with the pitch and presentation. This is an unusual strategy…
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Reprint from University of Nebraska-Omaha: Exosuit Makes Walking and Running Easier
The below article is re-printed with the authorization of the University of Nebraska-Omaha. We discovered it quite by accident, but thought that it needed a wider circulation. Please feel free to send similar amazing technology stories for reprint on Silicon Prairie News to editor@siliconprairienews.com. Between walking at a leisurely pace and running for your life,…
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SpotHero finds significant Series D funds
Chicago-based SpotHero is a reservation service for parking spaces. The company which is reported to have agreements in 300 cities has a primary focus on larger North American cities. The company has agreements in place with over one thousand garages. The company was able to raise a $50 million Series D round from Macquarie Capital,…
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Pegex raises round, helps waste management with software, and apparently loves dogs
Pegex, a Madison, Wisconsin based startup, has built a SaaS platform that provides waste management companies with business productivity tools that include a robust CRM, an automated quote engine, documents and data automation, workflow management, and other unique sets of templates and tools for their industry partners. But, in doing our research for this company,…
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Omaha based Bot Image raises money on Start Engine
On the 8th of August, Bot Image filed paperwork with the SEC that they had received $355k in funds from outside investors. The company used Start Engine, a cloud funding website that has helped more than 275 companies raise more than $100mm in investments. Bot Image is an artificial intelligence software tool for accurately identifying…
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C2FO raises another big round of capital
Leawood, Kansas based C2FO raised $200 million last week from a variety of investors, including SoftBank. This fundraising caused the valuation of the company to move over $1B – making it a Silicon Prairie unicorn.[1] C2FO is a payment management platform that helps small businesses received payment on contracts on expedited terms. Essentially, small businesses…
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