-
Weekly Funding Report
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…
-
Funding Roundup for the Week of Nov. 11
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…
-
KC-Based Stackify Is Growing Fast, Hiring Too
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…
-
Funding Roundup for the Week of Oct. 28
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.…
-
Funding Roundup for the Week of Oct. 21
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…
-
St. Louis-Based Genomics Company, PierianDx, Raises a Big Series B Round
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…
-
Funding Roundup: Week of Oct. 7
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…
-
Funding Roundup: Week of September 23rd
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…
-
Research: State Funding Report for the Silicon Prairie
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,…
-
Large Series A Round for Minnesota Based 75F
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…