Dundee Venture Capital Closes $31m Fund III To Back Midwest Tech Startups

Categories

Dundee Venture Capital just wrapped up a third fund to the tune of $31m for investing into tech startups across the Midwest.

Based in Omaha, Nebraska with an office in Minneapolis, Dundee has accumulated over $50m in combined venture assets between a $2.6m fund I which launched in 2010 and $18.2m fund II that followed in 2012.

Read More »

Welfare Watch: April 2017

sourced

Categories

Screen-Shot-2017-02-04-at-9.19.04-AM-300x239Welfare Watch is a monthly column for individuals, nonprofit and private companies in Minnesota’s tech industry that receive government (read: taxpayer) financial support—whether directly or indirectly.

This corporate welfare includes: tax incentives/abatement, grants/loans, reimbursements, subsidy, sponsorship, special favors, etc.

Read More »

Minnesota SportsTech Startup Prevent Biometrics Bites Into $6m

sourced

Via News Release

“Minneapolis (April 27, 2017) — Prevent Biometrics today announced $6.0 million in new financing, marking the successful completion of the company’s Series B round. Prevent has now raised a total of $8.5 million in two rounds of financing. The new capital will be used for additional technical development and to support the launch of its head impact monitoring system.”

Read More »

Eagan Software Provider Jump Technologies Closes $3.5m Funding Round

sourced

Categories

Via News Release

Jump Technologies, Inc., an innovative software company with solutions that improve supply management in hospitals, today announced it has completed a round of funding to accelerate its growth strategies. The $3.5 million investment comes from Black Granite Capital LLC and its partners.”

Read More »

Q&A With Growing Eden Prairie HealthTech Venture OneMedNet

Categories

Christopher Hanna OneMedNetOneMedNet has been making headlines [1][2][3][4]over the past six months for their incremental, yet consistent capital raises.

Curious, we connected with CEO Christopher Hanna to learn more about what’s happening out there in Eden Prairie for this Minnesota healthtech venture that’s growing under the radar:

When, why and how did OneMedNet begin in the first place?

OneMedNet actually began in Hawaii around 2006 because of the rather unique geography there.  Say you were involved in an accident on one of the islands and needed medical care on the main island, or any different facility for that matter.

At that time you had to be put on a helicopter/transport plane and lifted to the hospital in Honolulu, which is still mostly the case.

Read More »

NightWare Launches Smart Watch App On Kickstarter

Screen Shot 2017-04-24 at 12.46.11 PMLocal startup NightWare recently launched on Kickstarter with the goal of attracting at least $6,500 from backers who want to support the evolution of their smartwatch app.

NightWare uses “supervised machine learning” and haptic feedback to potentially stop traumatic nightmares for people who suffer from PTSD, among other causes of disruptive sleep afflictions.

Read More »

gener8tor Opens Applications For Summer Accelerator In Minneapolis

Categories

gener8torTech accelerator gener8tor has opened the application window for founders considering an immersive 12 week startup experience this summer.

Operated from CoCo Uptown by new Managing Director of Minnesota, Eric Martell, the program begins in July and lasts through October with a tentative demo day during Twin Cities Startup Week.

They offer accepted startups 90k upfront for 6% equity with an additional convertible note in exchange for hands on guidance in preparation for follow-on funding.

Read More »

Post Navigation