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The Top Minnesota Tech and Startup Fundings in November


funding 2
credit, American Inno
Emily Nightingale

Minnesota companies building everything from dog shirts to cancer-killing viruses raised funding in November.

The month's largest raise belongs to Rochester-based Vyriad, which closed on $24.4 million in a planned $37.8 million round.

We cover funding news and other tech headlines every day in our newsletter, The Beat. Be sure to sign up to stay on top of the latest startup and innovation news in Minnesota.

Read Minne Inno’s past monthly funding roundups here.

Dog Threads

  • Dog Threads offers flannels, sweaters and even Hawaiian shirts for its fashionable dog-loving fan base. In a recent "Shark Tank" appearance, Mark Cuban agreed to invest $250,000 in Dog Threads in exchange for a 25% stake in the company.

Starting 11

  • Starting 11, a Minneapolis-based sports-tech startup offering a fantasy soccer platform, received a $5 million investment from Brand Capital, the investment arm of one of India’s largest media conglomerates.

Hidrate Spark

  • Hidrate Inc., a startup that makes "smart" water bottles, has raised $2.2 million in a planned $3.5 million round of funding, the Biz Journal reports. The company plans to raise a Series A round of funding next year.

ExceleraRx

  • A Twin Cities company creating a network of health systems to gain access to expensive specialty drugs has raised $2 million in a planned $6 million round. Excelera also raised $5.1 million last year, the Biz Journal said.

Vyriad

  • Rochester-based Vyriad, a company creating cancer-killing viruses, raised $24.4 million as part of a planned $37.8 million Series B financing round.

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