chicago

mHub opens much bigger facility to kick Chicago startups into high gear

When mHub opened its doors in Chicago seven years ago, the vision was to create a traditional incubator for people making things. It would involve a prototyping lab, offices, shared workspaces, meetin

EeroQ bets on helium for its quantum chip design

It’s still early days for quantum computing, but we’re currently seeing rapid improvements in the underlying hardware and software foundations for this new computing paradigm. Just like du

There’s a reason why US Midwest startups had fewer layoffs, Chicago VC says

Over time, many cities across the Midwest have been building out bona fide startup ecosystems, as M25's annual ranking of Midwest startup hubs makes clear.

Tracking venture capital data to pinpoint the next US startup hot spots

Taking a look at an M25 dataset ranking Midwest U.S. cities across datapoints including startup activity, venture activity and business climate.

Climate-focused VC stays scorching as Buoyant Ventures targets $100M fund

Like a groundhog and its shadow, many venture capitalists see a shrinking economy and burrow away, resting their check-signing hand for better days. But climate-focused VCs are on a tear lately, pump

Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

CEO says it's not just about delivering groceries, but creating new customer habits.

Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs

Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. That leaves a wide opportunity for cybersecurity specialists to build tools aimed at s

NovaXS Biotech wants to make injection therapy needle-free

A startup spawned from a lab at the University of California, Berkeley has won investor support to work on its patented needle-free injector, which it hopes can make therapies that traditionally requi

Captain’s contractor lending tool aims to speed up home repairs after natural disasters

Repairing a home that’s been destroyed in a hurricane, tornado, flood or fire can take quite a while, displacing homeowners during that time. Captain founder and CEO Demetrius Gray noted that follow

Daily Crunch: $8.5B Amazon-MGM merger will bring thousands of titles to Prime Video

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

How Chicago is changing who raises early-stage venture capital

New VC data out of Chicago shows that it is possible to change the ratio when it comes to venture investment.

New Stack Ventures raises second fund focused on Silicon Valley outsiders

The Chicago-based firm prides itself on being unique from other venture capital firms.

As brands clamour to back causes, Good-Loop raises $6M for its view-to-donate ad platform

Online advertising is generally terrible and our expectation that “information should be free” has tragically even ended up powering disinformation-filled social networks like Facebook. Ma

99 Counties taps regenerative agriculture trend for meat marketplace

The company is creating a marketplace connecting local, regenerative farms in the 99 counties of Iowa to consumers purchasing boxes of beef, pork and poultry.

Meta shuts down its experimental video speed-dating service, Sparked

Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the service’s users via a recent email. Last April, the company formerly know

Amazon workers at two Chicago warehouses walk out to demand better treatment

This morning, dozens of warehouse workers at two Amazon facilities near Chicago staged a pre-Christmas walkout during the busiest time of the year to demand better treatment and higher wages. “W

Apple launches support for hotel keys in Apple Wallet, initially with Hyatt Worldwide

At Apple’s Worldwide Developer Conference in June, the company teased its plans to incorporate support for home, office and hotel keys into Apple Wallet, as well as state driver licenses. Today,

Stacked raises $35M to bring passive investing tools to retail crypto traders

Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto tra

ThreeFlow raises $45M to scale its employee benefits placement software

ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing

UserGems raises $20M to take on ZoomInfo to help with prospecting and sales intelligence

Finding a way to connect with people who might buy from you, while spending less time pursuing those who will never be interested, is something akin to a holy grail of the world of sales and marketing
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