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Minnesota in the News

Inc.’s Midwest regional rankings include 18 Minnesota-based companies

March 1, 2023 – Minneapolis/St. Paul Business Journal
“Eighteen Minnesota-based companies have been ranked in this year’s annual Inc. magazine's Midwest regionals. The list ranked a total of 203 private companies that have greatly impacted the Midwest's economy…”

Med-device company Anteris Technologies raises $24 million

Feb. 21, 2023 – Minne Inno
“An Eagan-based company developing a device to replace a heart’s aortic valve has raised about $24 million…”

Minneapolis startup Vertical Insure, provider of embedded insurance, raises $4M

Dec. 16, 2022 – Minne Inno
“… The company will use the funds to conduct hiring as it scales its go-to-market strategy …”

HistoSonics, which uses sonic waves to destroy cancer tissue, raises $100M

Dec. 13, 2022 – Minne Inno
“… Funds will also be used to expand its current 30,000-square-foot facility in Plymouth …”

Med-tech company behind Walkasins shoe inserts for preventing falls raises $5M

Nov. 15, 2022 – Minne Inno
"… The Eden Prairie-based company [RxFunction Inc.] makes Walkasins, a device that connects shoe-inserted pads with a leg cuff that vibrates when a person shows signs of imbalance while walking …"

Alpheus Medical, which uses ultrasound to target brain tumors, raises $14M

Nov. 11, 2022 – Minneapolis/St. Paul Business Journal
"A Chanhassen-based medtech company developing an ultrasound therapy to remove solid brain tumors has raised nearly $14 million in equity financing …"

Tumor-fighting tech company Monteris Medical raises $73M in equity, debt

Oct. 27, 2022 – Minne Inno
“… The new financing will be used to support industry adoption of the [Minnetonka-based] company’s central business product, the NeuroBlate System, as well as furthering clinical research and technology development …”

Apple software specialist Jamf launches $50 million investment fund for early-stage companies

Oct. 27, 2022 – Minne Inno
“ ... the Minneapolis-based tech company plans to deploy $50 million over the next five years into companies that support the Cupertino, Calif.-based tech giant’s ecosystem …”

Red Lake, White Earth solar energy projects mean new employment opportunities

Oct. 24, 2022 – Star Tribune
“… Minnesota Power, hungry for more clean energy and trained workers, is working to develop projects and train tribal members as solar installers, electricians and more …”

Traction Capital invests in Minneapolis-based fly fishing app TroutRoutes

Sept. 15, 2022 – Minne Inno
"… The company will have eight employees – mostly based in Twin Cities metro – by the end of this month and is actively hiring …"

Groove Capital kicks off inaugural cohort for emerging angel investors of color and women

Sept. 13, 2022 – Minne Inno
"Minneapolis-based pre-seed investment firm and angel-investing association, is leading a local cohort to connect emerging angel investors who are women or people of color as part of a regional program..."

MedTrace inaugurates U.S. headquarters in downtown Minneapolis

September 7, 2022 – Medical Alley
“... The company expects to grow from 4 to 10 U.S.-based employees within the next 12 months …”

Where are people living the longest? See where your state ranks in life expectancy

August 23, 2022 – Wall Street Journal
“Minnesota ranked 3rd.”

Minneapolis-based AI consumer analysis company Solsten raises $21.8M in Series B funding

August 19, 2022 – Minne Inno
“... The money will be used to further develop its product suite, expand its Minneapolis headquarters and to fund future clinical trials …”

Business Facilities’ 2022 metro rankings report

August 8, 2022 – Business Facilities
“Minneapolis-St. Paul tied for 8th in Corporate Headquarters and 7th for Tech Talent Leaders.”

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