skip to content
Primary navigation

Minnesota in the News

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.”

Wabash to move entire refrigerated division to Little Falls

August 6, 2022 – Morrison County Record
“Wabash National is prepared to undergo an even bigger expansion and make a larger investment in the area than what was presented just a few months ago...”

Business Facilities’ 18th annual rankings report: State rankings

August 4, 2022 – Business Facilities
“Minnesota was 7th for Best Business Climate; 5th for Semiconductors; 9th for Installed Wind Power Capacity.”

The Camelot Index - Minnesota ranks 5th on six "quality of life" measures

August 2022 – State Policy Reports
“Minnesota was 5th in the index that ranks states on six “quality of life” measures: economy, health, crime, education, society, and state government. The top-ranking state in 2022 is New Hampshire.”

Cirrus unveils painting addition to Duluth facilities

July 15, 2022 – Business North
"Cirrus Aircraft has opened the latest addition to its Duluth manufacturing plant – a 16,000 square foot painting facility that will increase employment by 50 persons. With the expansion, Cirrus will have 86,000 square feet of painting space . . ."

Join Us MN

Minnesota Department of Employment
and Economic Development
1st National Bank Building
332 Minnesota Street, Suite E200
Saint Paul, MN 55101 651-259-7114

Connect with Us

back to top