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Minnesota in the News

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 …"

Michigan-based Ascential Technologies opens Blaine facility

Nov. 21, 2023 – Twin Cities Business
"… The Blaine facility will specialize in developing custom manufacturing machinery and solutions designed specifically for medical and life science companies … The facility employs 150 people …"

Carter Manufacturing expands in Minneapolis

Nov. 15, 2023 – Gasworld
"Precision bearing specialist Carter Manufacturing has expanded its US-based facility in Minneapolis …"

Solugen is planning a 500,000-square-foot plant in Marshall in partnership with ADM

Nov. 6, 2023 – Star Tribune
"… Solugen announced its next ‘Bioforge’ – the name it calls its chemical plants – will open in Marshall in 2025 … The plant is expected to employ 100 people during construction and 40 people once the first phase opens …"

Nucleus RadioPharma lands $56M raise

Oct. 18, 2023 – Twin Cities Business
"The Mayo Clinic-backed startup says it plans to use the funds to ramp up production of a new form of highly targeted cancer treatment … Nucleus RadioPharma plans to establish multiple new manufacturing facilities around the country, including one in Rochester near Mayo Clinic …."

Countertop supplier MSI plans 200,000-square-foot buildout in Maple Grove’s Arbor Lakes

Oct. 5, 2023 – Minneapolis/St. Paul Business Journal
"… MSI’s new facility will be a regional headquarters for its operations across Minnesota and the Dakotas … The firm has over 50 Twin Cities employees, with more expected to be hired with the move …"

U of M seeks tenant for new biotechnology facility on St. Paul campus

Sept. 29, 2023 – Minneapolis/St. Paul Business Journal
"… The new space could be used for bio-industrial manufacturing, mid-scale fermentation, research and development, wet labs and more …."

Minneapolis startup raises $30 million for hospital-at-home technology

Sept. 20, 2023 – Star Tribune
"Inbound Health, which announced the series B funding on Wednesday, is commercializing a system that was first developed at Minneapolis-based Allina Health System …."

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