News
More than 200 Iowa State University student and alumni entrepreneurs representing 168 business ventures gathered to pitch their products and services as part of Iowa State University’s exhibit in the Varied Industries Building at the Iowa State Fair. The event took place from August 8-18. Each pitch contestant competed for $1,000 to $5000 awards in the “Great Iowa State University STANDING innOVATION…
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Chicago-based SpotHero is a reservation service for parking spaces. The company which is reported to have agreements in 300 cities has a primary focus on larger North American cities. The company has agreements in place with over one thousand garages. The company was able to raise a $50 million Series D round from Macquarie Capital,…
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Last week, SPN had the chance to speak with Michael Ott, founder and CEO of Rantizo – a company offering a unique, easy-to-use and cost-effective solution to agrichemical spraying via drones. Rantizo sells agricultural drones and drone spraying services. These drones deliver targeted sprays precisely where they are needed for various agricultural applications. Rantizo’s upgraded…
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Based in Bloomington, Minnesota, Emerging Therapy Solutions (ETS) is a predictive intelligence platform designed for the payer community to simplify the management of emerging therapy processes. In late May, the company secured $1 million in equity funding from San Francisco, California-based Telegraph Hill Partners, a private equity firm that regularly invests in life science, medical…
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Pegex, a Madison, Wisconsin based startup, has built a SaaS platform that provides waste management companies with business productivity tools that include a robust CRM, an automated quote engine, documents and data automation, workflow management, and other unique sets of templates and tools for their industry partners. But, in doing our research for this company,…
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Omaha-based health tech company, Phynd Technologies, transforming care delivery networks with a consumer-centric provider information platform that promises to reduce health care system costs while increasing revenue. We live in a digital age; thus, we expect that any data we seek should be readily available at our fingertips, and at most, no more than a…
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On the 8th of August, Bot Image filed paperwork with the SEC that they had received $355k in funds from outside investors. The company used Start Engine, a cloud funding website that has helped more than 275 companies raise more than $100mm in investments. Bot Image is an artificial intelligence software tool for accurately identifying…
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Leawood, Kansas based C2FO raised $200 million last week from a variety of investors, including SoftBank. This fundraising caused the valuation of the company to move over $1B – making it a Silicon Prairie unicorn.[1] C2FO is a payment management platform that helps small businesses received payment on contracts on expedited terms. Essentially, small businesses…
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In acquisition news, Hudl announced the purchase of Wyscout, an Italian based football (soccer) scouting company. The amount of the acquisition was not disclosed. In a previous round of financing, Wyscout raised $3mm on a convertible note at a $25mm pre-money valuation in 2014 (Crunchbase). In this April 2019 article in Forbes, Wyscout reportedly has…
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BasicBlock, a Lincoln-based startup that facilitates transactions in the trucking industry, announced Monday that it had secured $675k in pre-seed financing from Global Financial Group (“GFG”). GFG was joined in the financing by Jason Calacanis, Jenny Fielding, Invest Nebraska, and other angels. In May, Silicon Prairie News reported that BasicBlock had received outside funding (http://siliconprairienews.com/2019/05/lincoln-based-basicblock-continues-expansion-and-evolution/). …
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