Midwest Tech

Rivian Automotive Confirms $700 Million Investment Led By Amazon

By Amit Chowdhry ● Feb 15, 2019

Rivian Automotive has confirmed that it has received a $700 million investment led by Amazon. Rumors about this deal surfaced earlier this week.

Ann Arbor-Based Enterprise Autonomous Vehicle Company May Mobility Raises $22 Million

By Annie Baker ● Feb 13, 2019

May Mobility, an Ann Arbor, Michigan-based enterprise autonomous vehicle company, has raised $22 million in funding.

Minneapolis-Based Nuvaira Raises $79 Million To Fight Chronic Lung Diseases

By Noah Long ● Feb 13, 2019

Minneapolis, Minnesota-based Nuvaira has raised $79 million in funding to further develop its novel therapeutic medical devices for treating obstructive lung diseases.

Rivian Automotive: Amazon And GM Reportedly In Talks For $2 Billion Investment Deal

By Amit Chowdhry ● Feb 13, 2019

General Motors and Amazon are reportedly in talks with Rivian about investing in the electric vehicle company at a valuation of up to $2 billion.

Ann Arbor-Based Telehealth Addiction Treatment Company Workit Health Secures Series A Funding

By Amit Chowdhry ● Feb 2, 2019

Ann Arbor, Michigan-based telehealth addiction treatment company Workit Health has raised Series A funding to provide affordable evidence-backed care.

Ohio-Based Digital Identity Management Company Keyfactor Raises $77 Million

By Noah Long ● Jan 28, 2019

Independence, Ohio-based digital identity management solutions company Keyfactor has raised $77 million in growth funding.

Waymo To Invest $13.6 Million To Expand Operations In Michigan

By Dan Anderson ● Jan 24, 2019

Waymo is investing $13.6 million to expand its operations in Michigan and will create hundreds of jobs in the process.

Techstars Launches A New Venture Studio And Rebrands Mobility Division

By Amit Chowdhry ● Jan 22, 2019

Techstars, the startup accelerator founded by David Brown, Brad Feld, David Cohen, and Jared Polis, has made some major changes.

Rivian Automotive: An Off-Road Rally Car May Be Coming Next

By Amit Chowdhry ● Dec 12, 2018

Rivian Automotive is planning to launch an off-road cally car with a lot of ground clearance after releasing its electric SUVs and pickups.

Rivian Automotive: How This Startup Grew Into An Electric Vehicle Giant

By Amit Chowdhry ● Dec 3, 2018

Rivian Automotive unveiled an all-electric pickup truck and SUV at the Los Angeles Auto Show. Here is how the company grew into an electric vehicle giant.

Minneapolis-Based Healthtech Insurance Startup Raises $200 Million

By Dan Anderson ● Dec 2, 2018

Minneapolis-based healthtech insurance company Bright Health announced that it has raised $200 million in an oversubscribed Series C funding round.

High School Esports Company PlayVS Raises $30.5 Million Series B

By Noah Long ● Nov 22, 2018

PlayVS is a Los Angeles-based high school esports company that announced it raised $30.5 million in Series B funding led by Elysian Park Ventures.

Minnesota-Based Jump Technologies Raises $2 Million To Provide Hospitals With Actionable Analytics

By Annie Baker ● Nov 21, 2018

Jump Technologies, an Eagan, Minnesota-based hospital inventory management solutions company, has raised $2 million in funding.

Ford Acquires Spin Electric Scooter Company For A Reported $100 Million

By Amit Chowdhry ● Nov 9, 2018

Ford Motor Company has acquired Spin, an electric scooter company, for a reported $100 million and is planning to invest $200 million in the company.

How The Detroit Symphony Is Creating Musical Alerts For The Lincoln Aviator SUV

By Amit Chowdhry ● Nov 5, 2018

Lincoln Motor Company has partnered with the Detroit Symphony to integrate chime sounds into the upcoming Aviator midsize SUV.

Michigan-Based Fusion Coolant Systems Raises $8 Million In Series C

By Noah Long ● Oct 17, 2018

Fusion Coolant Systems, a Canton, Michigan-based company that developed an advanced coolant used in manufacturing, has raised $8 million in Series C funding.

Detroit-Based StockX Is Now Hitting $2 Million In Daily Sales

By Amit Chowdhry ● Sep 19, 2018

StockX -- which is known as the 'stock market for things' -- has raised $44 million in funding and is hitting $2 million in daily sales.

PeachWorks Raises $4 Million In Series A

By Dan Anderson ● Mar 5, 2015

Restaurant management platform company Peachworks has raised $4 million in Series A funding.

Pocketsquare: A Young Automotive Interior Design Firm That Makes Infotainment Interfaces Simpler

By Amit Chowdhry ● Feb 24, 2014