The Greater Des Moines Partnership will hold a one-day Raising Capital for Startups seminar on Dec. 3 in Des Moines. Among the topics covered will be the process of raising capital, the financial model and capitalization tables. “When it comes to securing funds, there’s no one-size-fits-all solution — it’s a process with multiple pathways,” Diana […]
Investor interest in the startup’s recent growth spurred its third funding round, says co-founder Charise Flynn Des Moines-based startup Hummingbirds announced Wednesday it has raised $5.4 million in new venture capital funding for a total of $10 million raised since its first fundraising round last year. Hummingbirds’ platform aims to create authentic word-of-mouth marketing for […]
Plus, meet the fund’s first Iowa portfolio company Wisconsin-based venture capital firm Idea Fund of La Crosse recently made its first investment in an Iowa startup since announcing a new fund in May that would reach more Midwest states. The $31.5 million fund is targeting startups in Iowa, Minnesota and Wisconsin that are pre-revenue or very early-stage […]
Editor’s note: IdRamp is the first Iowa company to receive investment from Idea Fund of La Crosse, a Wisconsin-based venture capital firm. The firm announced a new fund this spring that would expand its geography to Iowa. Read more about the new fund and Idea Fund in this story. While Mike Vesey built his other companies over […]
Fund will support software startups in Iowa, Wisconsin, Minnesota The Idea Fund of La Crosse, a venture capital firm based in La Crosse, Wis., has raised $31.5 million for a second venture capital fund targeting pre- and early-stage revenue startups in the three-state region of Wisconsin, Iowa and Minnesota. According to Pitchbook, a resource for data, […]
Des Moines-based venture capital firm Next Level Ventures (NLV) has announced the promotions of Liz Keehner and Wyatt Powers. Keehner has been promoted to vice president from senior associate. She joined NLV in 2021 and has led investments in several companies, including Tractor Zoom, hummingbirds and iotaMotion. Powers has been promoted to associate from senior […]
InnoVenture Iowa, the first public venture capital fund in Iowa, has added three new companies to its investment portfolio since the second quarter, it has announced. The fund began co-investing in early-stage, Iowa-based startups in bioscience, advanced manufacturing and information technology in 2023. A list of all of InnoVenture Iowa’s investments to date is available here. The […]
InnoVenture Iowa’s second-quarter update included the announcement of four new portfolio companies. The $30 million fund now has 12 portfolio companies. The four new companies are: The update also shared that applications for the second annual InnoVenture Challenge, a $100,000 pitch competition, will open Friday. Investment Director Kaylee Williams said in the update that InnoVenture Iowa will be […]
The InnoVenture Iowa Fund has made investments in eight early-stage Iowa startup companies in the advanced manufacturing, bioscience and information technology industries. The companies are Stratafolio, Shaka, PV Pallet, FarrPro, Farmpost, Clayton Farms, the Hummingbirds and Distynct. More information about the companies is available on the InnoVenture Iowa website. Investment Director Kaylee Williams shares more updates […]
BrokerTech Ventures announced Tuesday it has partnered with Des Moines-based venture capital investor ManchesterStory to launch the BrokerTech Fund LP. According to a news release, it is the first venture capital fund focused on early-stage insurtech companies developing technology solutions for brokers. Limited partners of the $34 million fund include Holmes Murphy, M3 Insurance, Baldwin Risk Partners, […]