Community banks, community development financial institutions (CDFIs), and nonprofits can all be sources of financing for BIPOC businesses. But Alicia Phillips says many people of color still struggle to secure
Tag: Funding
Cold, a software platform to help companies manage sustainability compliance, completes a $2.65 million pre-seed round.
Founding a startup takes grit, determination, and resilience. Founders work to build their company day after day after day. They know everything there is to know about their market and
Sarah Worrell has seen loved ones go through the tribulations of breast cancer. A close friend of hers ended up getting an infection after a mastectomy, leading to multiple additional
“Your last name makes me want a margarita.” Those were the first words Mickayla Rosard said to Hailey Margetta at a chance meeting as panelists. Curious about each other’s expertise
Plymouth-based medical technology manufacturer HistoSonics announced it has raised $102 million in Series D financing, surpassing its goal. The fourth round was led by New York City-based Alpha Wave Ventures,
My business partner Mickayla and I wrapped up the fundraise for Groove Capital Fund II at the end of May. [Bang the gong]. It’s a $15.5 million fund, which will
A Wisconsin-based venture capital fund aims to jumpstart startup activity in the Upper Midwest with a new pot of cash. Last week, the Idea Fund of La Crosse announced it
Eagan-based medical device startup Pelvital this week said it has raised an additional $2.32 million in seed funding to help treat stress urinary incontinence (SUI) in women. Pelvital raised its
As anybody in the startup scene will tell you these days, raising investor money has gotten considerably harder. Venture capital investments have all but dried up within recent history, and
With a funding boost from the Minnesota Legislature, a Minneapolis-based nonprofit is launching a new initiative aimed at making the North Star State a leader in clean energy. On Thursday,
Twenty years ago, when an entrepreneur sold their business in Minnesota, they packed their bags [full of cash] and left for Florida, never to be seen or heard from again.
Three years after launching Medical Alley Starts with the intention of growing Minnesota’s health care startup ecosystem, the Medical Alley Association is formalizing its first VC fund partnership, with Minneapolis-based
Daniel Larson stepped away from a career in tech in 2019 after he realized he was facing issues with alcohol, something that had taken the lives of several family members.
This past Wednesday, Northeast Minneapolis-based Niron Magnetics announced that it is receiving $33 million in new funding. The big drivers of the new round were the venture capital units of
If you want to understand the state of venture capital this year, look no further than the recent raise extension by Golden Valley-based Omnia Fishing. In May, the e-commerce company
A Rochester-based medical startup partly founded by Mayo Clinic has caught investor attention. In a Tuesday announcement, Nucleus RadioPharma said it raised $56 million in a Series A funding round. The
Minneapolis-based technology platform Kyros has secured $10.5 million in funding to grow its substance use disorder recovery platform. Existing investor Rally Ventures, a Minneapolis-based venture capital firm, led this round,