Iowa-based venture studio Novy adds 2 new hires, seeks startup applicants

A group of five people, two men and three women, pose for a picture in front of a wood wall

Novy, which became Iowa’s first venture studio when it launched in Cedar Rapids in November, announced Tuesday that it is “open for business” with the hiring of two new team members and launch of a push for startup idea applications. Process Leader Sarah Wallace and Vice President of Marketing Jess Greiner have…

Continue reading

Iowa startup leaders launch state’s first venture studio

The studio, Novy, will focus on health care software companies Novy, Iowa’s first venture studio, was officially launched this week by its three founding partners, David Tominsky, Krista Martin and Eric Engelmann. Novy will co-found, fund and grow software companies starting in the health care industry, according to a news…

Continue reading

Iowa City-based iotaMotion raises $12M Series A round

iotaMotion Inc., an Iowa City-based company developing advanced robotic-assisted systems for cochlear implant surgery, has announced the company has oversubscribed its $12 million Series A capital raise. The company closed the round with support from a select group of venture capital firms, private investors and current shareholders. The lead investor was Research Corporation…

Continue reading

OpenLoop Health acquires diagnostic imaging provider

OpenLoop Health, a Des Moines-based provider of telehealth support services powering virtual and hybrid care across the country, announced Tuesday its acquisition of Imaging Panda and the addition of a new diagnostic imaging support service. The acquisition will allow OpenLoop clients to use Imaging Panda’s streamlined image ordering and facility coordination with…

Continue reading

ISA Ventures to manage new investment fund supporting health, community initiatives

CareSource, a nonprofit managed care organization, announced Wednesday the launch of the CareSource Iowa Opportunity Investment Fund through a partnership with ISA Ventures, which will manage the fund. According to a news release, this new fund will provide capital for Iowa-based startups that seek to improve health care outcomes, promote health equity and…

Continue reading

DMACC expands surgical technologist program in response to workforce needs

Two women and one man standing in front of a sign that reads Surgical Technology

The faculty of Des Moines Area Community College’s surgical technologist program is preparing for a larger class this fall in a refreshed classroom with new equipment. That includes three practice operating rooms, recording equipment to allow professors to record labs and monitor students remotely, a sterile processing and central supply…

Continue reading