Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
Money
Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
Torus (South Salt Lake, UT) secures $200 Million from Magnetar (Evanston, IL) to scale modular hybrid power plants. The investment supports utility partnerships, data center demand, and the buildout of GigaOne, advancing distributed energy infrastructure across the U.S.
Vector (Salt Lake City, UT) a startup producing advanced military-spec drone technology, has raised a $61 million Series A to scale production of its Hammer drone, a deep sensing and strike FPV quadcopter, aiming to redefine modern battlefield dominance.
Angel Studios completed its SPAC merger with Southport, begins trading today as ANGX, maxed out JOBS Act crowdfunding at $75M, secured a $100M credit line, and leverages 1.5M Guild members to drive values-based media growth.
Angel Studios completed its SPAC merger with Southport, begins trading today as ANGX, maxed out JOBS Act crowdfunding at $75M, secured a $100M credit line, and leverages 1.5M Guild members to drive values-based media growth.
Torus (South Salt Lake, UT) secures $200 Million from Magnetar (Evanston, IL) to scale modular hybrid power plants. The investment supports utility partnerships, data center demand, and the buildout of GigaOne, advancing distributed energy infrastructure across the U.S.
Vector (Salt Lake City, UT) a startup producing advanced military-spec drone technology, has raised a $61 million Series A to scale production of its Hammer drone, a deep sensing and strike FPV quadcopter, aiming to redefine modern battlefield dominance.
Flax Health (Salt Lake City, UT) raises $3.5M pre-seed from Sorenson and Pear to automate skilled nursing workflows, underscoring Utah’s rising profile as a healthcare AI hub.
Sequifi (Lehi, UT) has raised $6.7 million seed funding to streamline same-day payroll and commission management for home services, tackling industry turnover and scaling into 11+ trades with strong investor backing: Cervin Ventures, Frazier VC, Tokyo Black, and others.
Pageport (Lehi, UT) launches Slant, an AI-powered CRM for financial advisors, raising $3.3M seed led by 2048 Ventures (New York, Boston) and Matchstick Ventures (Minneapolis), aiming to scale advisor relationships, streamline workflows, and modernize the advisor CRM market.
SalesDraft (Lindon, Ut), an AI-based recruiting automation startup, raised $3 million in just three weeks, rebounding from early setbacks to rapid growth serving direct-to-consumer home services. The round was led by Tower Research Capital. FrazierVC and Marc Jones participated.
Driven (Heber, UT), a SaaS startup for home service businesses, announces it has raised $2.5 million from Reformation Partners (Miami, FL) and Startup Ignition Ventures (Provo, UT), after experiencing 400% growth and 100% customer retention.