Announcement

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.)

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.)

Tech News   -   Sep 03, 2020 VidAngel is Back: Disney Drops $62 Million Ruling
VidAngel is Back: Disney Drops $62 Million Ruling

Friday, Sept. 4 2020 — Today the U.S. Bankruptcy Court in the District of Utah accepted a settlement agreement between VidAngel, Inc. and a group of major Hollywood studios. The deal ends the four year legal battle over content filtering between VidAngel and plaintiffs Disney, Fox, Warner Brothers, and Lucas

Tech News   -   Sep 02, 2020 Utah Robotics Company Raises $40 Million
Utah Robotics Company Raises $40 Million

After 20 years of hard work Utah robotics company, Sarcos, is an overnight success. On the heels of closing a significant financing led by Rotor Capital, many are learning for the first time about the technology powerhouse that Sarcos Robotics has become.  The $40 million Series C financing will help

Atomic Financial Closes $5.8 Million Seed Round
Money   -   Sep 10, 2020 Atomic Financial Closes $5.8 Million Seed Round

Salt Lake City-based Atomic Financial announced that it raised $5.8 million recently in a seed round. The round was led by Portage Ventures from Toronto, with Core Innovation Capital out of Los Angeles and ATX Venture Partners out of Austin, Texas joining.  “We’d have loved to raise money

by Austin Craig
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Money   -   Sep 10, 2020 Atomic Financial Closes $5.8 Million Seed Round
Atomic Financial Closes $5.8 Million Seed Round

Salt Lake City-based Atomic Financial announced that it raised $5.8 million recently in a seed round. The round was led by Portage Ventures from Toronto, with Core Innovation Capital out of Los Angeles and ATX Venture Partners out of Austin, Texas joining.  “We’d have loved to raise money

by Austin Craig
Tech News   -   Sep 03, 2020 VidAngel is Back: Disney Drops $62 Million Ruling
VidAngel is Back: Disney Drops $62 Million Ruling

Friday, Sept. 4 2020 — Today the U.S. Bankruptcy Court in the District of Utah accepted a settlement agreement between VidAngel, Inc. and a group of major Hollywood studios. The deal ends the four year legal battle over content filtering between VidAngel and plaintiffs Disney, Fox, Warner Brothers, and Lucas

by Austin Craig
Tech News   -   Sep 02, 2020 Utah Robotics Company Raises $40 Million
Utah Robotics Company Raises $40 Million

After 20 years of hard work Utah robotics company, Sarcos, is an overnight success. On the heels of closing a significant financing led by Rotor Capital, many are learning for the first time about the technology powerhouse that Sarcos Robotics has become.  The $40 million Series C financing will help

by Mark Tullis
Money   -   Sep 01, 2020 Skip is Revolutionizing Convenience Store Shopping
Skip is Revolutionizing Convenience Store Shopping

Before 2020, self-checkout was a convenience, but in 2020 it's a critical safety measure. Salt Lake City-based Skip is taking that to a new level in convenience store shopping with their novel cloud platform. CEO Chase Thomason describes it as a “Square for retailers”. The pandemic has retailers

by Mark Tullis
Ecosystem   -   Aug 31, 2020 Utah Strongest State Economy in the U.S.
Utah Strongest State Economy in the U.S.

Tech Sector and Economic Diversity Create Thriving Ecosystem 24/7 Wall Street named Utah the strongest state economy in the country in its annual ranking. Utah placed 3rd in 2019, a laudable achievement itself. But amidst the economic and social turmoil of 2020, the Beehive state takes the lead. Following

by Austin Craig
Money   -   Aug 27, 2020 Clene Nanomedicine raises $42.5 Million for Novel Treatment of ALS, MS, Parkinson’s Disease
Clene Nanomedicine raises $42.5 Million for Novel Treatment of ALS, MS, Parkinson’s Disease

Clene Nanomedicine, Inc., a Salt Lake City-based clinical-stage biopharmaceutical company, announced August 26, 2020 that it has raised $42.5 million in Series D financing. The round was led by SymBiosis II, LLC, a biotech-focused investment fund. Participants in the round include existing investors, most connected with Utah, including Huntsman

by Mark Tullis
Money   -   Aug 26, 2020 Lambda School Raises $74 million in Series C led by Gigafund
Lambda School Raises $74 million in Series C led by Gigafund

Lambda School, the San Francisco based online code school, announced August 21 it had raised $74 million in Series C funding led by Gigafund, the venture firm known for its backing of SpaceX and The Boring Company. Others investing include Tandem Fund, Y Combinator (Lambda was part of the seventeenth

by Austin Craig
Money   -   Aug 25, 2020 Mighty Raises $4.3 Million Seed from Slack Fund, Album VC
Mighty Raises $4.3 Million Seed from Slack Fund, Album VC

Salt Lake City based Mighty has announced $4.3 million in seed funding from Slack Fund, GSV Ventures, Origin Ventures, Album VC, Acadian Ventures, and Village Global. Founded in 2018, Mighty offers managers greater transparency into their team’s day-to-day work by pulling information directly from productivity tools. They can

by Austin Craig
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