Peak Ventures (Provo, Utah) has a new name: Element VC. Co-Founder and Managing Partner, Jeff Danley, shared his thoughts about the rebrand.de

Nomyx, a digital asset management company using blockchain technology, has raised a $1.5 million round, led by RevRoad. Stellar Foundations and angel investors also participated in the round.

Gabb Wireless appointed 9-year old Nova Evenson of Naples, Florida, to be its CEO For A Day.

Saras AI Institute (Salt Lake City, Utah and Gurugram, India) invites students to apply to a scholarship program.

UVU student Jessa Wright will be working with actress and director Katie Cassidy on a film project based on a script written by Wright via FanX Studios Writer's Room, a screenwriting curriculum and program at UVU.

Illuminate Drones (Springville, Utah) has launched a line of high performance indoor drones for the rapidly growing indoor drone entertainment market.

Sam and Kim Salisbury and Palmer and Camille Hawkins aim to help children in need during the holiday season through the Giving Tree Initiative.

KeyBank Utah granted $225,000 to NeighborWorks Salt Lake (NWSL), a Utah-based nonprofit organization that strengthens community neighborhoods and provides underserved people with job training for medical professions.