FUELING THE FUTURE: Adalo closes on $8M | DeltaTrainer raises $3.3M

Fueling the Future

ST. LOUIS, MO–Funders on the coast are continuing to invest in flyover country. Adalo, maker of a platform that allows anyone to build their own app with no knowledge of code, has closed on an $8 million Series A led by Tiger Global, based in New York. PITTSBURGH, PA–More coastal funding! DeltaTrainer, which provides fitness training based on…

Read More

PUDDLE HOPS: FlyOhio participates in NASA program | Tangoe moves to Indy

Puddle Hops

FlyOhio selected for NASA campaign COLUMBUS, OH–FlyOhio, a collaboration of public, private and academic institutions led by DriveOhio’s advanced air mobility (AAM) group, has been selected to participate in NASA’s Advanced Air Mobility National Campaign. Tangoe moves to Indy INDIANAPOLIS, IN–Information technology company Tangoe has chosen Indianapolis for its global headquarters. The move comes three years…

Read More

Stemming a public health crisis with tech

Flint, Michigan made the news in 2014 when it was discovered that corrosion from pipes in the water system were leaking lead into the water supply. According to Ian Robinson, managing director of BlueConduit, a machine learning company in Ann Arbor, lead pipes were also the main source of contamination in Newark, New Jersey and…

Read More

HealthTech: Treating infants | robotic exoskeleton | virtual anatomy

HealthTech

Pittsburgh’s Duquesne University is building a virtual learning space for the College of Osteopathic Medicine that uses HoloLens mixed-reality technology and virtual anatomy software from the Cleveland Clinic Medical School. The virtual technology will allow students to see 3D body parts in action. Durham’s Tellus Therapeutics has secured financing to develop the first treatment for newborns with…

Read More

Name That City! — May 20, 2021

Flyover Future Trivia

Here’s a review of the teams: University of Michigan Wolverines Notre Dame Fighting Irish University of Pittsburgh Panthers And here are the answers: The Ohio State University Buckeyes—The rivalry between these two became supercharged during the 1970s through the 2000s as most of their games determined the Big Ten Conference. Apparently, the hatred between these…

Read More

FUELING THE FUTURE: M25 announces new fund; Benson Hill goes public; Sixty8 Capital

Fueling the Future

CHICAGO—Recently M25, a venture capital firm focused on investing in the Midwest, announced a new fund worth $31.8 million. Partner Mike Asem talks about the round and why the firm thinks the Midwest is the place to deploy capital and generate large returns. INDIANAPOLIS—Sixty8 Capital, an Indianapolis-based, seed-stage venture capital firm supporting Black, Latinx, women…

Read More

PUDDLE HOPS: Robotic welders; Rise of the Rest talent tour; P&G Ventures

Midwest innovation at 35,000 feet

Robotic welders NASHVILLE, TN—Manufacturing automation company Hirebotics has created a new robotic welder that can be used through a smartphone app. The Cobot Welder comes with all the hardware and software required to get started on an automated welding implementation. Augmented reality and self-driving cars OVERLAND PARK, KS—Cambrian, a software development company specializing in augmented…

Read More

Venture fund sees momentum in Minneapolis

Ryan Weber and his twin brother Rob are managing partners at Great North Ventures, an early-stage venture fund that invests in breakthrough technologies. The brothers had previously founded St. Cloud, Minnesota startup NativeX (formerly named W3i/Freeze.com), a digital media company, which they scaled to $70M in revenue before selling it in 2016. Flyover Future spoke…

Read More

Health Tech: HST Pathways moving to Nashville, AI & diagnosis, and R&D

HealthTech

Silicon Valley-based health tech firm HST Pathways is moving its headquarters to Nashville because of the city being a hub of health care companies and health care innovation. The company opened a satellite office in Nashville five years ago. Mayo Clinic has shared the results of a study indicating an AI algorithm could be used…

Read More

Key takeaways: Get proactive, diversify capital, & create stronger partnerships

When InvestMidwest Venture Capital Forum held its virtual Midwest Venture Showcase last month, the highlighted theme was that cities have to grow their own companies rather than rely on corporations and midsize businesses to lead the march to economic prosperity. One of the panel moderators was Charli Cooksey, who founded WEPOWER, a St. Louis-based organization…

Read More

Name That City! — May 13, 2021

Flyover Future Trivia

We’ve gaining on Summer. Are you planning a road trip with the fam (even after being shut in with the fam for months?!). This week we’re going to list some tourist attractions in Flyover Country. Can you tell us the cities where they’re located? Biltmore Estate Motown Museum Andy Warhol Museum Here are the answers:…

Read More

PUDDLE HOPS: Time100 Most Influential Companies; Black Tech Nation; airspace tech

Puddle Hops

Time’s most influential companies MADISON, IL–When Time Magazine released its Time100 Most Influential Companies list in April, Maryland Heights-based World Wide Technology was included. World Wide Technology provides tech products and services for large businesses. Black Tech Nation PITTSBURGH–Black Tech Nation started as a local organization in Pittsburgh, but is now an online nationwide network for cultivating…

Read More

Goodyear Ventures invests in future of mobility

Goodyear Ventures is a $100 million fund whose goal is to advance the future of mobility with a focus on partnering with and investing in startup companies. We spoke with Abhijit Ganguly, the managing director of Goodyear Ventures, about the fund.

Read More