Investment
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.…
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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…
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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…
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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…
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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…
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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,…
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Last week, Twin Cities based 75F announced that the company had raised more than $18 million in a Series A round of financing led by Breakthrough Energy Ventures and Oil & Gas Climate Initiative. Building Ventures, Revolution, and Clean Energy Trust participated in the round. The company was founded in 2012 and has been slowly…
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Ames, Iowa based Gross-Wen Technologies (“GWT”) filed paperwork with the SEC on Tuesday that it had raised an additional $1.25 million dollars. The company which provides revolving algal biofilm system (“RAB”) to cost-effectively recover nutrients such as nitrogen and phosphorus from wastewater. GWT primarily serves customers (usually cities) that own wastewater treatment plants, and many…
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WalkWise Helping Seniors Walk…Wisely Last month, on August 21, World Senior Citizen Day was celebrated to not only honor elderly adults but to also raise awareness of issues affecting this growing demographic. According to the 2019 revision of the UN DESA World Population Prospects, 21.4 % of the world’s population will be 60 years and…
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LaunchLNK is a local program in Lincoln, Nebraska that helps startups find early stage, non-dilutive capital. LaunchLNK, and their partners provide $25,000 as a grant to early stage companies that agree to live and work in Lincoln for a year. This grant was modeled on programs in Buffalo, NY and St. Louis. In some instances,…
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