Minneapolis and Minnesota
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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Winnebago, Minnesota-based AgTech-startup, Aker Technologies (formerly Leading Edge Technologies), announced on August 27th that it has raised equity financing of $2.6M to further develop its crop diagnostics and analytics platform, specifically its TrueCause™ and Aker Pest Network™ services. The company also recently set up offices in Creve Coeur, Missouri, part of Greater St. Louis, to…
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In late June 2019, according to the Form D filed with the US Securities and Exchange Commission, Rochester, Minnesota-based, Ambient Clinical Analytics, Inc., a spin-off from the Mayo Clinic, secured an additional $600k in debt financing. This brings the total external amount raised by the company to over $7M since it was founded in 2013.…
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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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Roosevelt Energy Technologies, Inc., the exclusive North American licensee of the entire Tstud ™ product lineup and the Tstud ™ wall assembly, announced that it received two funding tranches totaling to $1m. $500k was allocated to the company in July; the other $500k will be given in the month of April. Roosevelt Energy offers an…
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Many of us can relate to reminiscing over our “glory days” on the field. Today, there are over 46.5 million children (aged six to 17) participating in youth sports who are creating memories of their own. This week, I had the chance to interview a former professional athlete-turned-entrepreneur who is striving to level the playing…
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Upsie, a tech company that focuses on supplying warranties for various devices based in Minneapolis, Minnesota, received $5 million in Series A Early Stage Venture funding from a group of venture capitalists headed by Silicon-Valley based tech investors, True Ventures, In May. Upsie provides a consumer-friendly platform for the purchase of affordable warranties. Clarence Bethea, CEO said “We want consumers…
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Player’s Health, provider of an injury management platform for young athletes, raised $2 million in funding last week in order to generate revenue. An athlete’s health, especially at a young age, has become a priority to coaches and parents in recent times. With their free software, Player’s Health Rehab allows the user to manage injuries…
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Crosscode specializes in software analysis and governance through a software dubbed Panoptics. The company’s platform is intended to save clients time and money by eliminating IT systems disruptions by analyzing certain aspects of the software environment.
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