Minnesota in the News
Startup Snapshot: Jord BioScience
April 29, 2024 – Twin Cities Business
“Meet the women-run St. Paul startup taking a novel approach to agriculture …"
Pelvital raises $2.32M in second seed round
April 26, 2024 – Twin Cities Business
“The Eagan-based company plans to use the funds to expedite commercialization of Flyte, a device designed to treat stress urinary incontinence …"
Cogwear to open St. Paul facility to produce brain-tracking headband
April 25, 2024 – Mine Inno
“… [the Philadelphia-based medical device startup] plans to recruit manufacturing, mechanical and electrical engineers at its new location as it grows in both St. Paul and Philadelphia..."
Elucent Medical raises $42.5M for cancer-surgery navigation tech
April 16, 2024 – Mine Inno
“An Eden Prairie-based medtech company developing a means of targeting tumors during cancer surgery has raised $42.5 million in a Series C funding round led by Vensana Capital and RC Capital...."
ADM Breaks Ground on Minnesota Biorefinery
April 12, 2024 – Great American Crop Insurance
“The plant will be built on a 34-acre parcel adjacent to ADM's corn-processing plant...The plant is expected to employ up to 100 temporary workers during construction and offer more than 50 manufacturing jobs once the facility reaches full production."
Solugen Breaks Ground on World's First Sustainable Molecule Factory
April 12, 2024 – Design & Development Today
“The process makes plant-derived materials that can replace those made from fossil fuels."
Earlitec Diagnostics raised $21.5M for early autism diagnostic tool
April 2, 2024 – Minneapolis/St. Paul Business Journal
“An Atlanta-based medtech startup with a facility and manufacturing in Minneapolis this month raised $21.5 million in its Series B funding round, led by Nexus NeuroTech Ventures and Venture Investors Health Fund…"
Medtech’s next gen
March 8, 2024 – Twin Cities Business
"Meet five Minnesota entrepreneurs taking big swings at health care innovation that could improve disease detection and treatment…"
MySimplePetLab launches express retail clinics
March 6, 2024 – Twin Cities Business
"A MinuteClinic for pets? That’s the thinking behind a new walk-in clinic launched by Minneapolis-based pet health startup MySimplePetLab…"
Rochester company to provide zero-gravity eye drops for NASA astronauts
Feb. 26, 2024 – Star Tribune
"NASA SpaceX Crew8 will bring Nanodropper products to the International Space Station…"
‘Shark Tank’s’ Kevin O’Leary invests in Minneapolis startup Tavolo
Feb. 22, 2024 – Minne Inno
"…Tavolo – a platform that helps restaurant owners automate their marketing – raised $1 million in its first institutional round of investment. O'Leary Ventures ... and Groove Capital in Minneapolis led the investment…"
Magnet startup Niron attracts more big-name investors
Feb. 20, 2024 – Minne Inno
"Months after landing a multimillion-dollar investment from some of the biggest automakers, Minneapolis-based Niron Magnetics has captured Samsung's attention…"
LightEdge expands to Minnesota with $31 million purchase of Chaska data center
Jan. 22, 2024 – Minneapolis/St. Paul Business Journal
"...LightEdge is planning to hire additional sales and support staff to expand operations at the Chaska data center…"
Minnesota startups to watch in 2024
Jan. 12, 2024 – Minne Inno
"Niron Magnetics ... made Time magazine's Best Inventions of 2023 list while Ecolab Inc. and Techstars finally brought a local company on to their Farm to Fork accelerator…"
Fridley-based medical device startup raises $13M
Jan. 2, 2024 – Twin Cities Business
"The company is developing a medical device designed to treat ‘degenerative mitral regurgitation' a prevalent disease…"
Medical device maker Summit Medical signs 75,000-s.f. lease in Eagan’s Viking Lakes
Jan. 9, 2023 – Minneapolis/St. Paul Business Journal
"… Summit, a developer and manufacturer of medical devices ... has grown from 16 employees in 2011 to now over 100 employees…"
Medical device manufacturer Evevo launches in Maple Lake
Nov. 29, 2023 – Twin Cities Business
"A joint venture between a Minnesota company and a Japanese firm, Evevo is a contract manufacturer designed to meet ‘unmet needs’ for local medical device startups…"
Arbor Wood acquires EcoVantage, opens new Bagley plant
Nov. 28, 2023 – BusinessNorth
"Arbor Wood Co., a Duluth-based manufacturer of thermally modified wood products, is expanding through acquisition and by opening a new production facility in Bagley near Bemidji …"