While we’re primarily focused on Cincinnati's innovation economy, we also have our eyes on all of the startup and tech activity happening throughout the entire Midwest. Here are the major tech fundings, acquisitions, mergers, moves, and IPOs that went down in the region in November. See all Midwest Reports here.
11/2: Ann Arbor-based Aquaro Histology Inc, a provider of solutions to improve workflow efficiency, section quality, and consistency in the histology laboratory, raised a $9.8 million Series A. Telegraph Hill Partners led the round.
11/2: Lincoln, Nebraska-based Ink, a provider of smart printing solutions for college campuses, raised $7 million from VTF Capital, SQN Ventures Partners, Invest Nebraska, and NE Angels.
11/2: Chicago-based CFX Markets, a secondary market trading platform for alternative assets, raised just over $2 million in funding from West Loop Ventures, M25 Group, Origami Capital Partners, Harvard Business School Angels of Chicago, and SixThirty Ventures.
11/3: Detroit-based Lunar Wireless, a mobile carrier that lets users pay-per-app to get the data they need, when they need it, raised $4.1 million in funding from 8VC.
11/4: Lincoln, Neb.-based Opendorse, an athlete marketing platform, raised a $3.5 million Series A from Serra Ventures, with participation from Flyover Capital.
11/4: Perbix, a maker of highly automated manufacturing equipment, was acquired by Tesla. Terms of the deal were not disclosed.
11/9: Plymouth, Minn.-based Silk Technologies, a biotech company that uses silk protein to develop drugs that treat eye disease, raised a Series A from Skyview Ventures. Terms of the funding round were not disclosed.
11/19: Cleveland-based Arc Drilling, a provider of electrical discharge machining solutions, received an investment from private equity firm Washington Equity Partners. Terms of the deal were not disclosed.
11/21: Overland, Kan.-based Rx Savings Solutions, a leading pharmacy transparency solution, raised $18.4 million in funding from McCarthy Capital.
11/28: Chicago-based Uptake, a provider of predictive analytics software, raised a $117 million Series D from Baillie Gifford, with participation from Revolution Growth and GreatPoint Ventures. The funding round values the company at $2.3 billion.
11/29: Minneapolis-based Revel, a health engagement company, raised $17 million from TT Capital Partners.
(Image via Wiki Commons)
