Midwest Tech

Nuvest Ventures Has Acquired Lucky Tackle Box’s Assets

By Dan Anderson ● Jul 26, 2019

Nuvest Ventures announced it acquired the assets of Lucky Tackle Box -- which is a monthly subscription boxes company for fishing.

Cradle Genomics: This Non-Invasive Prenatal Testing Company Has Raised $17.1 Million

By Noah Long ● Jul 19, 2019

Cradle Genomics -- the inventors of a novel prenatal testing methodology -- announced it closed $17.1 million in Series A funding.

Techstars Announces 2019 Detroit Class

By Amit Chowdhry ● Jul 14, 2019

Techstars Detroit -- which recently rebranded from Techstars Mobility -- has announced its 2019 Detroit class.

Rivian Automotive Has Been Attracting Talented Experts From Many Other Auto Giants

By Amit Chowdhry ● Jul 9, 2019

Electric vehicle company Rivian Automotive has been attracting talented experts from many other auto giants. Here are some examples.

MentorcliQ To Drive Employee Mentoring Programs With New Funding Round

By Dan Anderson ● Jul 8, 2019

Columbus, Ohio-based employee mentoring software provider MentorcliQ recently announced it closed $6.3 million in growth capital funding.

Flint-Based Early-Stage Startup Accelerator XLerate Health Prepares To Kick Off This Week

By Amit Chowdhry ● Jul 7, 2019

The first XLH Flint cohort will begin a 12-week boot camp program will be kicking off this coming week starting with a launch party.

Detroit-Based StockX Is Now Valued At More Than $1 Billion, Names Scott Cutler As CEO

By Amit Chowdhry ● Jun 26, 2019

StockX has announced that it closed $110 million in Series C funding at a valuation of more than $1 billion.

Capital One’s Acquisition Of Detroit-Based Jewel: Details About The Deal You Should Know

By Amit Chowdhry ● Jun 25, 2019

Capital One has acquired Detroit, Michigan-based luxury retail cashback company Jewel Commerce. These are the details about the deal.

Rivian Automotive Is Using Second-Life Batteries To Support Energy Independence In Puerto Rico

By Amit Chowdhry ● Jun 17, 2019

Rivian Automotive announced a project with Honnold Foundation to use its second-life batteries for a solar microgrid initiative in Puerto Rico.

Jackpocket: This Is The First Third-Party App In The US For Ordering Official State Lottery Tickets

By Noah Long ● Jun 7, 2019

Jackpocket is a company that is modernizing and responsibly growing state lotteries that recently raised $5 million from PROOF and Gavin Isaacs.

How Upsie Helps Make Warranties More Affordable And Accessible

By Amit Chowdhry ● May 31, 2019

Upsie, a consumer-friendly platform for purchasing product warranties, announced it raised $5 million in funding led by True Ventures.

Minneapolis-Based Fintech Company ClickSWITCH Raises $13 Million

By Annie Baker ● May 22, 2019

Minneapolis, Minnesota-based fintech company ClickSWITCH has raised $13 million in Series B led by Commerce Ventures and Point72 Ventures.

Why Ann Arbor-Based Pickup Truck E-Commerce Company Truck Hero Acquired Lund

By Amit Chowdhry ● May 18, 2019

Ann Arbor, Michigan-based pickup truck e-commerce company Truck Hero recently acquired Lund. These are the details about the deal.

Motown Records Is Partnering With gener8tor To Launch A Music Accelerator Program

By Amit Chowdhry ● May 14, 2019

Motown Records, gener8tor, Capitol Music Group, and Motown Museum are partnering to launch the gBETA Musictech and Motown Musicians accelerator programs.

RJ Scaringe: Rivian Automotive Has An Agility And Speed Advantage ‘Without Any Of The Handcuffs Of Legacy’

By Amit Chowdhry ● May 11, 2019

Rivian Automotive founder and CEO RJ Scaringe recently acknowledged the advantages and disadvantages that his EV company has.

Fiat Partners With Google And Samsung: Details You Should Know About

By Amit Chowdhry ● May 11, 2019

Fiat Chrysler Automobiles (FCA) is partnering with HARMAN (Samsung) and Google for its new global connected vehicle ecosystem.

StockX Could Become A $1 Billion Sneaker Seller

By Amit Chowdhry ● May 3, 2019

Rumor has it that StockX is preparing to raise a round of funding led by DST that would give it a lofty $1 billion valuation.

Rivian Automotive: Ford To Invest $500 Million In Electric Vehicle Startup

By Amit Chowdhry ● Apr 24, 2019

Rivian Automotive and Ford Motor Company have announced a strategic partnership that involves Ford making a $500 million investment in Rivian for a minority stake.

Waymo Is Setting Up A Detroit Factory For Its Self-Driving Cars This Year

By Dan Anderson ● Apr 23, 2019

Waymo has announced its plans to set up a Detroit-based factory for its self-driving cars this year.

Best Buy’s First Female CEO Corie Barry On Her New Leadership Role

By Amit Chowdhry ● Apr 19, 2019

Best Buy chief financial officer Corie Barry has been elected to CEO. Here are some of the thoughts she shared on the transition.

Digital Health Company Diet ID Acquires Foodstand

By Amit Chowdhry ● Apr 16, 2019

Digital health company Diet ID has acquired Foodstand -- which is the company behind a popular nutrition challenge app.

Addiction Recovery Company DynamiCare Health Raises $4.1 Million

By Annie Baker ● Apr 8, 2019

DynamiCare Health, a Massachusetts-based addiction recovery company, announced it has raised $4.1 million in seed funding.

Lear Is Buying Connected Vehicle Company Xevo For $320 Million

By Dan Anderson ● Apr 3, 2019

Southfield, Michigan-based automotive seating systems Lear has announced that it is acquiring connected vehicle company Xevo for $320 million.

Detroit-Based Ludlow Ventures Raises $45 Million For Third Fund

By Amit Chowdhry ● Mar 22, 2019

Ludlow Ventures, a Detroit, Michigan-based venture capital firm founded by Jonathon Triest, has raised $45 million for its third fund.

Backstage Capital Unveils First Cohort Of Accelerator Program For Underestimated Founders (Women, People Of Color, Or LGBT)

By Amit Chowdhry ● Mar 15, 2019

Los Angeles-based venture firm Backstage Capital has unveiled the first cohort of its accelerator program for underestimated founders.