While we’re primarily focused on the Twin Cities 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.
11/4: Indianapolis-based Kenzie Academy, a software engineering apprenticeship school, raised a $100 million round of funding from a variety of investors include Community Investment Management.
11/4: Chicago-based Ascent, an AI-driven solution helping customers automate regulatory compliance, raised a $19.3 million Series B from Drive Capital, with participation from ING, Wells Fargo, Alsop Louie, and The University of Chicago.
11/4: Columbus-based venture capital firm Drive Capital raised $350 million for its third venture fund.
11/5: Madison, Wisconsin-based Imbed Biosciences, a biotech company focused on developing advanced therapies for burns, chronic ulcers and surgical wounds, raised a $4 million round of funding from Formidable Asset Management, with participation from WISC Partners.
11/6: Columbus, Ohio-based Loop, a retail post-purchase SaaS platform, raised a $10 million Series A from FirstMark Capital, with participation from Lerer Hippeau and Ridge Ventures.
11/13: Chicago and Boston-based Apervita, a platform for value-based collaboration in healthcare, raised a $22 million round of funding from Optum Ventures, Pritzker Group Venture Capital, Baird Capital, Math Ventures and Levy Family Partners.
11/13: Detroit-based pasta brand Banza raised $20 million in funding from Enlightened Hospitality Investments and Prelude Growth Partners.
11/13: Chicago-based Threekit, a platform that brands use to create immersive product experiences, raised a $20 million Series A from Shasta Ventures, with participation from Salesforce Ventures and NFL Hall of Famer Steve Young.
11/14: Schaumburg, Illinois-based DataCubes, an underwriting decisioning platform for U.S. commercial property and casualty insurers, raised a $15.2 million round of funding from Palm Drive Capital, with participation from Altos Ventures, NFP Ventures, Stage 2 Capital, MPK Equity Partners and return backers Seyen Capital and MK Capital.
11/14: Chicago-based 2ndKitchen, a platform that helps kitchen-less businesses serve food by partnering with local restaurants, raised a $4.35 million seed round from Hyde Park Ventures, with participation from MATH Venture Partners, Great North Labs, Bragiel Brothers and M25.
11/20: Cincinnati-based venture capital firm CincyTech is raising $50 million for its fifth fund, according to an SEC filing.
11/22: Chicago-based Inhabitr, a furniture rental startup, raised a $4 million Series A from Great North Labs.
11/23: Chicago-based Groundbreaker, a developer of real estate investment software, raised a $2 million round of funding from Andrew Bluhm.
11/24: Indianapolis-based Nyhart, an employee benefits consulting firm, was acquired by Ascensus. Terms of the deal were not disclosed.
(Data culled from Inno reporting, Fortune’s Term Sheet newsletter, Axios’ Pro Rata newsletter, SEC filings and more)
