Investment
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
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
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 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
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
It was a strong week for Minnesota. Between Total Expert and ShiraTronics, Minnesota based companies brought in more than $85 million in Venture Funding. There was a little more diversity than in previous weeks with companies in Nebraska, Missouri, Illinois, and Wisconsin also raising substantial funds. These fundings are aggregate lists created from Crunchbase, SEC…
Read More
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
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
In the interest of keeping tabs on fundings on the Silicon Prairie, this week we are providing a simple funding round-up. For this round-up, we used Form Ds, Pitchbook, and Crunchbase to provide us with a list of companies that received early stage funding, venture capital funding, or grants. We have provided information regarding the…
Read More
2018 was a terrific year for the Silicon Prairie regarding venture dollars deployed. More than $6.1B was deployed in the region. While the number of companies receiving funds was about 8% lower (approximately 1450 companies were venture backed in the region), the amount of funding was up more than 34.5% from 2017 to 2018. Thus,…
Read More