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Iowa State Fair hosts Iowa State University pitch competition

By Justin Krug / September 4, 2019

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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Frontdesk Closes Bridge Round

By Tom Chapman / August 28, 2019

Frontdesk, a Milwaukee startup, helps corporate travelers book travel online.  The goal is to become Airbnb for business travelers seeking a place to stay akin to corporate housing.  The company states on its website: “We offer securely managed short-term stays at the best apartments in the best cities.” The company was founded in 2018 and…

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Accelerated Ag Technologies, aka PowerPollen, Receives Additional Funding

By Tom Chapman / August 27, 2019

On the 21st of August, Accelerated Ag Technologies, the parent to PowerPollen, filed paperwork with the SEC that it had received debt financing of more than $600k.  As you may recall, SPN profiled PowerPollen in early 2018, (http://siliconprairienews.com/2018/01/powerpollen-boosts-yields-cuts-costs-growers/). The company has created a new mechanism to harvest pollen and improve the creation of new seed. …

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Rantizo: improving the ag industry one drone at a time

By Justin Krug / August 22, 2019

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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Healthcare startup offering supply chain management solutions gains funding

By Razia Aziz-Seible / August 21, 2019

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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Omaha based Bot Image raises money on Start Engine

By Tom Chapman / August 16, 2019

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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C2FO raises another big round of capital

By Tom Chapman / August 16, 2019

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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BasicBlock secures $675k investment

By Tom Chapman / August 14, 2019

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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