MākuSafe CEO Gabriel Glynn (center) accepts the 2019 ACORD InsurTech Innovation Challenge award in October. Photo contributed MākuSafe, a West Des Moines-based wearable technology company, was named the 2019 ACORD InsurTech Innovation Challenge winner in Boston, taking home a $15,000 cash prize, a membership to the Association for Cooperative Operations Research and Development (ACORD) and distribution […]

The Ames-based autonomous farming platform Smart Ag has been acquired by Raven Industries, a Sioux Falls-based industrial company with the precision agriculture division Raven Applied Technology. The acquisition falls under the newly-established Raven Autonomy, the company’s strategic growth platform for autonomous agriculture solutions announced on Oct. 28. Smart Ag launched in 2015 and is most […]

Startups joining the Global Insurance Accelerator’s 2020 cohort will be the first cohort experiencing a newly revamped funding structure and a recently raised investment.  Startups will receive an investment of $75,000 through a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the startup. It’s an increased investment from the $40,000 the […]

Applications are open to broker-and-agent-centric, early-stage startups for the 2020 BrokerTech Ventures Accelerator cohort. The deadline for submissions is Nov. 29, and accepted startups will be notified in early February. The cohort will begin the five-week program in March. Each startup may receive up to $50,000 in seed funding, the accelerator said in a news […]

Igor, a central Iowa startup focusing on turning company buildings into “smart assets,” joined 14 other startups at the 2019 Unreasonable Impact Americas program held in New York. The initiative is a partnership between Barclays and Unreasonable Group to support high-growth ventures tackling social and environmental challenges to scale. Entrepreneurs in the program were selected […]

SwineTech, a Cedar Rapids-based agtech startup designing products to protect piglets from accidental crushing by their mothers, received October’s Business of the Month award by America’s SBDC Iowa. SwineTech has won multiple awards from MIT, the American Farm Bureau and the Investors Hall of Fame; co-founders Matthew Rooda and Abraham Espinoza have also been recognized […]

Kerty Levy (standing), newly named managing director of Techstars Iowa, at Tuesday’s launch announcement with Jainen Thayer, chief investment officer for Grinnell College, and Claudia Reuter, managing director of the Stanley + Techstars Additive Manufacturing Accelerator. Photo provided Tuesday was a good day for Mike Colwell in Des Moines. It capped off quite the season […]

Coralville-based IDx Technologies has appointed former LabCorp executive Seth Rainford as its new president of global markets, the Corridor Business Journal reports. Rainford will be charged with expanding market opportunities and driving operational excellence at IDx, which last April received clearance from the FDA for the first autonomous AI diagnostic system in any field of medicine. […]

The Global Insurance Accelerator announced changes to the funding structure affecting startups that are accepted to the 2020 cohort, which is now accepting applications. The GIA will increase the seed investment to $75,000 in the form of a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the company. By doubling the investment, housing […]