Minneapolis and Minnesota
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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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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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, 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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