Minneapolis and Minnesota

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Ambient Clinical Analytics Receives Funding

By Razia Aziz-Seible / August 29, 2019

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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Tstud ™ – saving energy has never looked so good

By Justin Krug / August 1, 2019

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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Minneapolis-Based Upsie Raise Big Series A Round

By Aidan Chapman / July 26, 2019

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- the new standard of health and safety in sports

By Justin Krug / July 17, 2019

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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Reflection Sciences raises seed funding

By Aidan Chapman / June 24, 2019

Reflection Sciences announced earlier this month the reception of $1.3 million in seed funding in a round led by Edmentum, K–12 distribution partner for Reflection Sciences. The University of Minnesota’s Discovery Capital Fund and other investors participated in the round. The company’s funding, preceded by a quarter million dollars last December from angel investors, has…

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Your guide to the Heartland’s 1 Million Cups events

By Razia Aziz-Seible / June 17, 2019

1 Million Cups was developed in Kansas City, MO in 2012 by Co-Founders Cameron Cushman and Nate Olson who were working at the time on the Entrepreneurship Team at the Ewing Marion Kauffman Foundation.  What began as an experiment to bring entrepreneurs in one city together over a cup of coffee towards a goal of…

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Arc Suppression Technologies Raises $2.9 Million In Funding

By Justin Krug / June 6, 2019

Arc Suppression Technologies, a Minneapolis-based technology company, announced three weeks ago that it raised $2.9 million in funding from an angel-backed investment. CEO Robert Thorbus and CTO Reinhold Henke founded Arc Suppression Technologies in 2010. After shortly realizing classical arc suppression did not deliver promising results, Thorbus and Henke got to work on contact arc…

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