Wall Street Journal writer Erica Phillips reported last week that, “FoodLogiQ LLC, which develops supply-chain software to track food safety, raised $19.5 million in a new funding round that included investments by Tyson Foods Inc. subsidiary Tyson Ventures and sensor-manufacturer Testo Inc. “The Durham, N.C.-based company’s platform allows a food company’s suppliers to provide details about… Continue Reading
Category Archives: Start-up Company Law
Purdue Business Competition Awards $115,000 to 12 Winning Student Startups
A news release earlier this month from Purdue University stated, “The Burton D. Morgan Business Model Competitionawarded 12 student startups funding totaling $115,000. Purdue University’sCenter for Entrepreneurship hosted the final presentations in late February. “The top three winners received a total of $55,000 in funding. First-place winners included Spiro Therapeutics, awarded $25,000; MediTrack awarded $15,000… Continue Reading
Minnesota Innovators Creating Buzz, Hoping to Open Doors for Other Black Entrepreneurs
Kavita Kumar reported recently at the Minneapolis Star Tribune Online that, “While tech companies with black founders are still few and far between in the white-dominated startup world, three such firms from the Twin Cities have found some recent success in landing highly coveted spots in a prominent accelerator program. “It’s a milepost that the… Continue Reading
Start-ups Seek Increased Diversity From Venture Capitalist Firms
Pui-Wing Tam reported earlier this week at The New York Times Online that, “When Trevor McFedries set out last year to raise money for Brud, his robotics and artificial intelligence start-up, he found himself in many meetings with ‘a ton of white guy’ venture capitalists. “So Mr. McFedries, who is black, and his co-founder, Sara… Continue Reading
Venture Capitalists Focus on Car Batteries
Financial Times writer Henry Sanderson reported this week that, “Venture capital investment into batteries has hit a record $1bn this year as companies race to develop better technology to power electric cars and store renewable energy from the wind and the sun. “The amount raised by energy storage companies year-to-date is already double that of 2017,… Continue Reading
Dwolla to Host Event on Funding Startup Businesses in the Midwest
Kevin Hardy reported earlier this month at The Des Moines Register Online that, “Dwolla will host an event March 20 to discuss funding sources for Iowa startup companies. “The event, called Monetery, will broadly focus on ‘building value,’ with specific emphasis on securing investments for new businesses. “‘The reason we’ve focused so heavily on investors is… Continue Reading
Startup Has Plan to Sell Annuities
Bloomberg writer Suzanne Woolley reported earlier this month that, “[Matt Carey] and two co-founders are building a way for consumers to more easily buy what has notoriously been a hard sell: annuity contracts, both those that create an immediate income stream and others that produce income years down the road. The idea was inspired in… Continue Reading
Rabobank- Growing Ideas: How to start up in Agrifood
A column today from Rabobank, by Martijn Rol, stated that, “Consumers are showing increasing interest in sustainable and healthy food. No wonder that start-ups see opportunities in this area. But, warns Martijn Rol, it takes a lot more than an appealing product to be successful. “Martijn Rol is Sector Specialist Food at Rabobank. He has… Continue Reading
Startup Focuses on Climate Change Risk
Brad Plumer reported last week at The New York Times Online that, “In Charleston, S.C., where the ports have been expanding to accommodate larger ships sailing through the newly widened Panama Canal, a real-estate developer named Xebec Realty recently went looking for land to build new warehouses and logistics centers. “But first, Xebec had a… Continue Reading
Rep. Tim Ryan Takes Venture Capitalists on Midwest Road Trip
Natalie Andrews reported on Friday at The Wall Street Journal Online that, “Standing before a group of Michigan entrepreneurs, Rep. Tim Ryan introduced more than a dozen venture capitalists from Silicon Valley and New York who were on a three-day road trip the Ohio Democrat organized to try to boost businesses in cities that need… Continue Reading