The Minneapolis-based company has plans to scale its virtual content creation platform for e-commerce brands and open a local fulfillment studio.
Tag: Funding
The Minnesota Department of Employment and Economic Development (DEED) announced awarding Launch Minnesota Innovation Grants totaling $376,075 to 15 startup companies. The latest awards mean that the total $3.2 million
Omnia Fishing, a Golden Valley-based e-commerce startup selling fishing equipment, this week landed a $2.1 million raise. Omaha-based Dundee Venture Capital and Cambridge, Mass.-based Founder Collective co-led the raise. Founder
Eden Prairie-based Compute North has closed on $25 million in new financing to fuel growth. The company provides computing infrastructure for customers focused on mining cryptocurrency. “Our clients are customers
Minneapolis-based Flywheel Exchange Inc. has raised approximately $15 million in its Series B financing round. The money is targeted at helping the company ramp up its sales and marketing efforts,
2020 wasn’t a great year for many companies, but it was a good time to be a medical startup. On Tuesday, med-tech trade group Medical Alley Association reported that its
Groove Capital, a new investment firm targeting early-stage companies, on Tuesday completed its first round of fundraising. The investment firm, launched by Beta.Mn co-founder Reed Robinson, raised $3.8 million in
Minnesota’s angel tax credit has, generally, been a popular program since it launched a decade ago. The program allows initial investors to claim a 25 percent tax credit on investments
Refrigerated health shots are an emerging subset of the functional beverage category that includes cold pressed juices and Kombucha. Minneapolis-based So Good So You is already the category leader, and
In a rare move, cybersecurity firm Arctic Wolf is moving its global headquarters from Silicon Valley to Silicon Prairie. On Thursday, the company announced plans to relocate its global HQ
The venture capital machine is still running in high gear, even as scores of businesses file for bankruptcy due to pandemic-related losses. In Minnesota, health care startups have been among
Owatonna-based indoor lettuce producer Revol Greens has landed a $68 million investment to build a new lettuce greenhouse in Texas. At full buildout, the Texas facility could span up to
Minneapolis-based Bright Health remains a money magnet like no other in Minnesota. On Tuesday morning the company announced raising another $500 million in financing through its Series E funding round.
For many entrepreneurs, the “friends and family” fundraising round is a crucial step toward securing bigger investments down the road. During this phase, entrepreneurs often ask relatives and friends to
Minneapolis-based accelerator Finnovation Lab announced the third cohort of its Finnovation Fellowship Program today. The cohort consists of nine entrepreneurs working to solve some of the toughest systemic challenges of
Fridley-based CardioMech Inc. has just closed on a very healthy round of Series A financing: $18.5 million. CardioMech is developing a “catheter-based mitral valve repair technology as an alternative to
A brand-new investment firm opened its doors in Minneapolis on Monday. Artisan Venture Lab is looking to both make investments in promising startups but will also work with emerging companies
Minnesota medical entrepreneurs can still raise money for treatments and technology completely unrelated to Covid-19. Roseville-based med tech startup Cryosa just wrapped up its Series A-2 financing round, raising $8.25