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Minnesota in the News

Claros raises $22 million to develop method to destroy PFAS

May 30, 2024 – Mine Inno
“… Claros Technologies Inc., a green tech startup led and co-founded by a former 3M executive, raised $22 million to fund development of a process that destroys the so-called 'forever chemicals' known as PFAS ..."

Minnesota startup named to 2024 Medtech Innovator Cohort

May 30, 2024 – Mine Inno
“A Maple Plain-based medical device company was one of 65 startups named to the 2024 cohort of the world's largest accelerator, MedTech Innovator. Paxos Medical Inc., which develops an implantable neuromodulation system for pelvic health disorders, will participate in the four-month program ..."

U.S. Steel celebrates Keetac DR-grade facility

May 24, 2024 – BusinessNorth
"United States Steel Corp. showed off its approximate $150 million DR-grade pellet production facility in a celebration at its Keetac taconite plant in Keewatin … ‘it created 250 construction jobs and 33 full-time union and management jobs’ …"

Gordini opens new distribution center in North Mankato

May 2, 2024 – KEYC
“… The Vermont-based company manufactures cold-weather gear and touts its reputation as an innovator in the industry. Its products range from ski equipment to workwear for tradespeople …"

The Twins’ Growing Home Team

April 30, 2024 – Twin Cities Business
“The team's accelerator program is motivating some startups to relocate to Minnesota."

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..."

Wiha Tools celebrates expansion

April 18, 2024 – Monticello Times
"…Wiha Tools added about 40 new jobs with its expansion, with more to come…"

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…"

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