Collaborative consumption? Try collaborative ownership with Divvy

9nBlJ_Dx_400x400Minneapolis startup Divvy is young, progressive and audaciously ambitious.

Their to-be-released platform is pushing the notion of collaborative consumption to the next level though peer to peer shared ownership.

“The sharing economy once stood for one-off experiences,” CEO Daniel Hobbs says, as though the AirBnB and Lyft’s of the world were already archaic.

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Andas wins the Minnesota Cup LifeScience & HealthIT division

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Minneapolis stealthy startup Andas is crowned the champion in the Life Science & Health IT division of this year’s Minnesota Cup competition.

Readers may recognize Andas as a spinout from the University of Minnesota, licensed as a biomarker sensor system.

The venture has expanded vision beyond the initial breathalyzer angle, co founder Joe Jensen explains.

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Elevate wins the Minnesota Cup High Tech Division

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MNC10LogoBrownMinnesota Cup judges have finalized their debate of the day around which startup is crowned the winner of this years high tech division.

Elevate Research has been chosen to receive $30k no-strings-attached-cash-money and will be advancing to the final awards event on September 10th for a shot at another $50k as they compete against winners from six other divisions.

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Two Minnesota tech startups find funding from Gopher Angels

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GAMinnesota investment group Gopher Angels recently added two more local tech startups to their growing portfolio, according to partner David Russick.

Members of Gopher Angels have invested a combined $100k into At-Scene, known for their police-friendly mobile application iCrime Fighter, and $175k for Thrill On, pioneers of the social tagboard site for adventurous individuals.

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Minnesota’s first IoT Hack Day launches this fall

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Screen Shot 2014-08-20 at 1.06.58 PMInternet of Things (IoT) Hack Day is launching on Saturday, October 18th for creators keen on in making connections between the virtual and physical world.

Held at medical device systems design firm Minnetronix in St. Paul, co-organizer Justin Grammens explains that the event is an extension of the Arduino.MN hack days with a broader and more competitive spirit.

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Multiple Minnesota tech companies are on the 2014 Inc. 500 / 5000

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Screen Shot 2014-08-20 at 1.56.15 PMInc. magazine announced today this years ranking of “the nation’s fastest growing privately held companies,” ubiquitously known as the Inc. 500/5000.

Overall, 94 Minnesota-based companies earned their place on this years list and roughly 39 are considered to be tech companies (17 product and 22  service).  One stands out (again!) as the top Minnesota tech performer: Field Nation, ranked 445 with 1,073% 3yr. growth and $43.3m revenue last year.

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