chicago
When mHub opened its doors in Chicago seven years ago, the vision was to create a traditional incubator for people making things. It would involve a prototyping lab, offices, shared…
It’s still early days for quantum computing, but we’re currently seeing rapid improvements in the underlying hardware and software foundations for this new computing paradigm. Just like during the early…
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There’s a reason why US Midwest startups had fewer layoffs, Chicago VC says
Over time, many cities across the Midwest have been building out bona fide startup ecosystems, as M25’s annual ranking of Midwest startup hubs makes clear.
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Tracking venture capital data to pinpoint the next US startup hot spots
Taking a look at an M25 dataset ranking Midwest U.S. cities across datapoints including startup activity, venture activity and business climate.
Like a groundhog and its shadow, many venture capitalists see a shrinking economy and burrow away, resting their check-signing hand for better days. But climate-focused VCs are on a tear lately,…
CEO says it’s not just about delivering groceries, but creating new customer habits.
Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs
Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. That leaves a wide opportunity for cybersecurity specialists to build tools aimed at smaller organizations that still…
A startup spawned from a lab at the University of California, Berkeley has won investor support to work on its patented needle-free injector, which it hopes can make therapies that…
Repairing a home that’s been destroyed in a hurricane, tornado, flood or fire can take quite a while, displacing homeowners during that time. Captain founder and CEO Demetrius Gray noted…
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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How Chicago is changing who raises early-stage venture capital
New VC data out of Chicago shows that it is possible to change the ratio when it comes to venture investment.
The Chicago-based firm prides itself on being unique from other venture capital firms.
Online advertising is generally terrible and our expectation that “information should be free” has tragically even ended up powering disinformation-filled social networks like Facebook. Many companies have tried and failed…
The company is creating a marketplace connecting local, regenerative farms in the 99 counties of Iowa to consumers purchasing boxes of beef, pork and poultry.
Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the service’s users via a recent email. Last April,…
This morning, dozens of warehouse workers at two Amazon facilities near Chicago staged a pre-Christmas walkout during the busiest time of the year to demand better treatment and higher wages.…
At Apple’s Worldwide Developer Conference in June, the company teased its plans to incorporate support for home, office and hotel keys into Apple Wallet, as well as state driver licenses.…
Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto…
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors…
Finding a way to connect with people who might buy from you, while spending less time pursuing those who will never be interested, is something akin to a holy grail…
John Diener, the CEO of an aquaculture nutrition and genetics company, would visit hundreds of shrimp farms as part of his job. But gradually he became frustrated by some of…
Stable raises $46.5M in Greycroft-led round to help businesses manage ‘volatile’ commodity prices
Stable, an insurtech aiming to help minimize a businesses’ risk due to volatile commodity prices, today announced it has raised $46.5 million in a Series A round of funding led…
If you’re a founder who finds yourself in a meeting with a VC, try to remember two things — you’re the smartest person in the room, and investors are looking…
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When VCs turned to Zoom, Chicago startups were ready for their close-up
Chicago is an outlying benefactor from accelerating venture capital activity and the rise of remote investing.
Amazon announced this morning it’s expanding its faster, same-day delivery service to half a dozen more U.S. cities. The service, which the retailer has been working to make same-day delivery…
Constance Freedman and Liza Benson have built up a network of more than 700 executives across the real estate, finance, insurance and home services industries.
Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months
The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception. A number of applications that aim to solve workflow challenges across the supply chain exist.…
Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting…
Trees, those deciduous entities you can occasionally see outdoors when not locked down or strapped down at a desktop ruminating on a video call, have long been the inspiration for…
Amount, a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion. WestCap,…