Mark Tullis

On December 14, 2021, Lumio announced it has raised a $110 million investment led by White Oak with participation by Fiera Comox. White Oak is a San Francisco-based private equity firm (with offices in several cities) specializing in high-growth companies focused on environmental conservation and social responsibility. Founded in 2016,

Recursion Announces Partnerships with Roche and Genentech On December 7, 2021, Recursion announced a collaboration with Roche and Genentech, a member of the Roche Group. Recursion is a Salt Lake City-based clinical-stage biotechnology company industrializing drug discovery, development through disruptive innovation. The company will work with both Roche and Genentech&

On December 8, 2021, Orem-based Nomi Health announced the closing of a $110 million Series A funding round. This latest financing round was led by Rose Park Advisors, based in Boston and founded by the late celebrated author and Harvard Business School professor Clayton Christensen, and Arbor Ventures, a global

Tribe Wins $3,000 Grand Prize at the 2021-22 University of Utah Opportunity Quest On December 3, 2021, Tribe, a mobile platform for team-based addiction recovery and self-improvement, won first place and the $3,000 grand prize at the 2021-22 University of Utah Opportunity Quest business model summary competition. The

The Salt Lake Chamber and TechBuzz News announce that Elisabeth Nebeker has been appointed as the Program Director of the Wasatch Innovation Network, a 501(c)6 nonprofit. The mission of Network is to develop Utah as a global innovation economy, as mentioned in a TechBuzz article covering its launch

Owlet announced on November 23, 2021 it has suspended sales of its first and flagship product, Smart Sock, a pulse-oximeter device, a tiny sock worn by an infant to track key data at night such as heart rate, oxygen levels and sleep patterns. The Lehi-based company went public last July

SL Chamber Announces October Economic Data Today the Salt Lake Chamber’s Roadmap to Prosperity Coalition, in partnership with the Kem C. Gardner Policy Institute, updated its Economic Dashboard for October to help business leaders know where Utah stands in the overall recovery. The Economic Dashboard is a tool tracking

Today nCino, Inc, of Wilmington, North Carolina, announced it has entered into a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at approximately $1.2 billion. SimpleNexus offers a homeownership SaaS product connecting borrowers, loan officers, real estate agents, and settlement service providers throughout the entire