West Des Moines-based LenderClose received $10 million in a completed series B funding round, the lending platform announced this week. Investors include Next Level Ventures, Collins Community Credit Union, Financial Plus Credit Union, Serve Credit Union and Ascentra Credit Union in Iowa. The company recently launched an automated loan processing solution called HEx (Home Equity Express), […]

Fourteen broadband providers received $15,542,302 in Empower Rural Iowa broadband grants from the state of Iowa this week, the office of Gov. Kim Reynolds announced on Monday. The funding is the remainder of the $50 million in CARES funding designated for broadband grants from a previous round, and cover 21 counties and more than 2,800 homes, […]

James Gruening is the co-founder and senior vice president of Mechdyne Corp., a virtual reality and technology company. Based in Marshalltown, Mechdyne was founded in 1996 by Gruening, Chris Clover and Kurt Hoffmeister, who had all recently graduated from Iowa State University. Mechdyne’s very first project focused on creating a virtual reality firefighting simulator for […]

SwineTech: $1.5 million in the company’s second round, completed in June. Participating: AgVentures Alliance, Quake Capital and InnovaMemphis. The June round added eight additional full-time jobs to SwineTech, co-founder/CEO Matthew Rooda confirmed, adding that “a majority” of funding came from Iowa and Minnesota. SwineTech is planning an expansion through North America and into Canada, Rooda […]