Silicon North Stars Launches Crowdfunder To Send TC Students On A Silicon Valley Field Trip

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By Anna Hensel, Venture Beat

“Five years ago, husband and wife Steve and Mary Grove, directors of Google News Lab and Google for Entrepreneurs, respectively, wanted to find a way to use their connections in the tech industry to give back to Steve’s home state of Minnesota.

The pair launched Silicon North Stars, a nonprofit organization that aims to introduce tech to Minnesota high school students — primarily those from minority and underrepresented backgrounds. In concert with Giving Tuesday, the pair has launched a $10,000 crowdfunding campaign to help cover some of the costs of their annual program.”

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TreeHouse Health Backs Another HealthTech Startup: PharmID

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Via News Release

TreeHouse Health, an innovation center designed to invest in emerging healthcare companies and help accelerate their growth, announces an investment in PharmID, Inc., a drug verification solution that effectively and efficiently improves the medication preparation process in hospitals and clinics.”

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A Minneapolis HealthTech Startup With Ties To U of M & Mayo Is Raising $500k

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Minneapolis healthtech startup ProValens is raising $500k of equity investment with $250k of that amount already secured per this SEC disclosure.

The company has licensed IP from the University of Minnesota that is focused on helping patients, providers and care givers find health information and local services. The Mayo Clinic is also tied into things:

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Revel Rakes In $17m From TT Capital Partners

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Via News Release

“MINNEAPOLIS, Nov. 29, 2017 /PRNewswire/ — Revel, a leading health engagement company, announced today it has secured a growth equity investment of over $17 million from TT Capital Partners (“TTCP”). The investment will accelerate Revel’s expansion into new target markets and advance the innovation and technology development for Revel Connect, the industry’s leading health engagement platform. Revel is known for its unique ability to engage health insurance members in their own healthcare, enabling the healthcare system to support the individual, deliver better health outcomes and reduce unnecessary costs.”

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Updated: Which Minnesota Corporate VCs Are Making Tech Investments In 2017, And Where?

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A new running column tracking which Corporate VC’s are making investments into tech companies near and far this year. So far, we’ve seen 23 disclosed deals (10 of which came from the latest Target + Techstars retail accelerator class).  That leaves 13 others…

For the most up to date information on Minnesota’s overall tech funding climate, see the latest Halftime Report + Q3 2017 Capital Review.

Updated 10/31: Medtronic + Mazor Robotics

Updated 8/4: two additional investments added for Allianz Life Ventures.

Updated 8/7: Map added

Updated 11/28: Optum Ventures + Buoy Health

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Seven Minnesota Tech Projects Live On Kickstarter Right Now

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One minute you’re browsing the web in search of new homegrown tech and the next thing you find yourself in a Kickstarter rabbit hole.  From widgets to wearables, it turns out there’s at least seven Minnesota tech projects live on Kickstarter’s crowdfunding platform right now. Here they are:

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DEED Gives Millions In Public Money To Private Biz For Broadband

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Via News Release

“ST. PAUL, MN – Lt. Governor Tina Smith and the Department of Employment and Economic Development (DEED) today announced the 2017 Border-to-Border Broadband Grant recipients. The grants total $26 million for 39 broadband infrastructure projects that will provide 9,973 households, 2,169 businesses, and 60 community institutions across Minnesota access to reliable, affordable high-speed internet.”

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