The Des Moines coding education nonprofit Pi515 received more than $62,000 in corporate grants and donations in the last year, the group announced this week. Pi515 received $22,000 from AT&T toward operations, a $30,000 grant from Coca-Cola and $10,000 in student scholarships from Dwolla’s 2019 Monetery Tech Summit. Through the Coca-Cola grant, Pi515 hired 14 […]

After securing $1.5 million in seed-round funding, a startup dedicated to employee retention is now seeking a few more employees to retain.  WorkHound, the Des Moines-based startup that gives “undesked” employees a mobile platform to send anonymous feedback to management, seeks to grow from 12 full-time workers in Des Moines and Chattanooga, Tenn., to a […]

West Des Moines-based Midwest Growth Partners, a private equity fund funded in 2013, has raised $113.5 million for a second fund, the organization announced on Monday. Twenty-six investors have invested in Midwest Growth Partners II LP, which will bring total private capital managed by the organization to more than $154 million. The second fund will […]

In the seventh year of the Business Record’s annual Leaders Survey, the Business Record asked local leaders whether they believe Central Iowa businesses had adequate access to venture capital. It’s a snapshot of our wider concerns – the survey, released in print and in daily e-newsletter snapshots, checks the pulse on some of Des Moines’ […]

Wireless communications company Electronic Engineering announced a donation of $20,000 in communications equipment and a work-study/tuition assistance program for students at Des Moines Area Community College with interest in electronic engineering, radio communications and robotics specializations. The work-study program will provide on-the-job experience for students with compensation for work, and funding assistance toward their education […]

Craig Ibsen, managing principal at Next Level Ventures, and Stephanie Atkin, vice president of marketing at Dwolla, at Thursday’s Power Breakfast: Innovation Acceleration. Des Moines talks a big game about Iowa being an innovation state, but at Thursday morning’s Business Record Power Breakfast, one audience member wondered: is this true in rural communities? Fair question, […]

Dwolla, a Des Moines-based digital payment platform, is expanding its second Monetery summit to two days this May, the company announced on Wednesday. The 2019 summit will be held May 21-22 at the Temple for Performing Arts. Last year’s event was limited to 200 attendees, and this year’s will be similarly exclusive, said Steph Atkin, […]

High-growth companies that missed the Nov. 2 deadline can still apply to present at the 2019 InvestMidwest Venture Capital Forum in Kansas City. Midwestern companies interested in pitching to investors at the forum, held March 19-20 at the Westin Kansas City at Crown Center, can submit applications until Jan. 4, 2019. InvestMidwest annually attracts around […]

The Roy J. Carver Charitable Trust has committed $12 million to fund research in the Department of Biomedical Engineering at the University of Iowa College of Engineering, reports the Corridor Business Journal. The grant brings the Carver Charitable Trust’s total giving toward the UI department to $15 million; pending approval from the Iowa Board of […]

Established in 2003, the state’s venture capital initiative “Iowa Fund of Funds” is slowly winding down after the Iowa Executive Council voted 4-0 to dissociate the fund with its governing entities, reports the Cedar Rapids Gazette. The program, which was managed under the private, not-for-profit Iowa Capital Investment Corp. and a state Capital Investment Board, is […]