Envoy Medical’s fully implanted cochlear implant will get a test run at Mayo Clinic. Known as Acclaim, the surgically implanted device is designed to restore hearing in those with severe
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A former Life Time Inc. exec is teaming up with an auto industry vet to build a niche Jeep business in Hopkins. Known as Joiiio LLC, the new business provides
Medina-based outdoor equipment maker Polaris Inc. plans to sell off a significant portion of its aftermarket parts business. Last week, the company announced that it plans to sell its Transamerican
Minnesota’s unemployment rate has hit a record low for the second month in a row. In May, the state’s unemployment rate was 2 percent, down from 2.2 percent in April.
The future of Uptown Minneapolis is experiential, apparently. As national retailers continue to pull out of the area, a group of experiential-minded entrepreneurs is poised to take their place. On
St. Louis Park-based Radisson Hotel Group Americas is coming under new ownership. On Monday, Maryland-based Choice Hotels International announced that it has reached a deal to acquire the franchise business,
Accelerator programs abound in the Twin Cities. Look to any of the 16 Fortune 500 companies based here, and you’ll quickly find that many of them operate some sort of
Nine Minnesota entrepreneurs on Thursday were named regional winners in professional services firm Ernst & Young LLP’s annual Entrepreneur of the Year Award program. At a ceremony at the Fillmore
Two weeks after a mass shooting in Texas that left 19 children dead, chief executives at 10 Minnesota hospitals have declared gun violence a public health crisis. In a joint
St. Paul-based workstation manufacturer Ergotron is trading hands again. Late last week, Ergotron’s London-based parent company Melrose Industries PLC announced that it has reached a deal to sell the firm
Maple Plain-based manufacturer Proto Labs Inc. late last week announced plans to close its manufacturing facility in Japan. The move is expected to cost the company up to $9.5 million
Credit unions have historically been more consumer-oriented organizations. Originally established to serve specific population segments (e.g., teachers, firefighters, etc.), they’ve generally stayed out of the broader realm of commercial lending,
Great North Ventures straddles the line between a standard venture capital firm and an incubator of sorts. Founded in 2017, the company has funded 27 startups, two of which launched
To the legions of digital art aficionados and cryptocurrency adherents gathered at U.S. Bank Stadium for the “VeeCon” NFT conference this weekend, Minnesota congressman Tom Emmer had a clear message:
Amid global market jitters and ongoing inflation concerns, Minnesota’s economy continued to hum along last month. According to the state’s monthly jobs report, Minnesota’s unemployment rate hit 2.2 percent in
By most accounts, Wall Street investors have largely sweated out the SPAC fever of 2021. After a euphoric run last year, many businesses that went public through so-called “blank-check” companies,
St. Paul-based Civic Eagle, purveyor of software that tracks legislation, on Wednesday announced that it raised $10 million in a Series A funding round. Enview, the company’s flagship offering, provides
Minneapolis-based Bright Health Group has been a darling of the local startup community for years. Hailed as Minnesota’s first “unicorn” startup—a company whose valuation has surpassed $1 billion—Bright Health built