At least 19 different Minnesota tech ventures received a combined $241 million dollars of investment capital during the fourth quarter of 2018, according to information collected and analyzed from October 1 – December 31, 2018.
This research underwritten by Dundee Venture Capital provides readers with unparalleled transparency into the funding facts that surround Minnesota’s tech industry.
It’s compiled from multiple sources as proxy of local market activity: crowdfunding, incubators/accelerators, angel investments, venture capital, corporate arm and private equity. Consider it a worse case scenario as there are always undisclosed transactions not included; therefore the actual figures are higher, although unknown.
Cryptocurrency may be in a bear market but investors are bullish on Nomics.
Formed in late 2017 and launched one year ago by repeat Minnesota Tech Entrepreneur   Clay Collins, Nomics provides a B2B cryptocurrency & crypto-asset API data service for institutional crypto traders and investors.
Arthur Ventures led Nomics’ first round which was formally announced just last month; now we learn more from the source:
Via News Release
“WillowWorks, an early stage investor that provides startup capital, strategic advice, and commercialization support, today announced its partnership with Civic Eagle, a tech startup focused on making legislative information accessible, clear and actionable. Based in St. Paul, Minneapolis, Civic Eagle’s SaaS platform uses artificial intelligence to offer enterprise and nonprofit organizations with federal and state level legislative workflow tools.”