Minneapolis and Minnesota
Originally posted on the AIM Institute blog No one knows how the coronavirus pandemic will evolve, how long the economy will stay underwater, or even what recovery looks like. But the radical workplace upheaval and sudden ad hoc shift to remote technology over the past month suggest two truths: We need more tech talent. We…
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At the very top of the Nebraska State Capitol building stands a 32-foot tall bronze statue of the Sower, a figure representing agriculture’s vital role in the development of modern civilization. Maybe it wasn’t the best fit for the state license plate, but the Sower is an undeniable symbol of Nebraska. According to the Nebraska…
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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…
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This week we are writing a funding roundup that really covers one and ½ weeks to cover Thanksgiving week plus the week previous. During this time period, Chicago received a disproportionate amount of the funding dollars in the region. However, Omaha and Oklahoma City both had companies close out fund raising campaigns. Also, the region…
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Over 400 million individuals worldwide, according to the World Health Organization (WHO), have diabetes, living each day on the precipice of health determined by the level of sugar in their bloodstream. The vigilance required to ensure that their levels are neither too high nor too low can often become all-encompassing. A circumstance that Lonny Stormo,…
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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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Last summer, the Aksarben Foundation approached Chapman and Company about creating a landscape analysis on talent for Nebraska. While this analysis is about Nebraska, there are many lessons for communities throughout the Silicon Prairie region. Here are some broad stroke lessons from the report: The United States is WAY behind on technology talent. This is…
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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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Chicago had another strong week. Overall the Silicon Prairie more than one hundred million in fundings this month, including some large rounds in Chicago and in biotechnology. Large Rounds (10m+) Apervita – Chicago – $22.56 million – Apervita is a healthcare technology company that provides health insights using machine learning and artificial intelligence. The company…
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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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