Skip to content Skip to footer
Technology Association of Iowa opens nominations for Prometheus Awards
The Technology Association of Iowa (TAI) announced recently the opening of its annual Prometheus Awards nomination period. “Each year we are incredibly impressed by the talent and passion of the Iowa technology community,” said Brian Waller, President of the Technology Association of Iowa. “It is an honor to bring together and recognize technology professionals and companies with creative solutions and ideas. We believe every company is a technology company,…
IEDA Board approves assistance for six Iowa companies
The Iowa Economic Development Authority (IEDA) Board has approved awards for six Iowa companies, which will assist in the creation of 640 jobs and result in nearly $265 million in new capital investment for the state. The projects are located in Burlington, Cedar Rapids, Davenport, Hampton, Osage and Red Oak. The board also approved…
Technology Association of Iowa announces graduation of 2022 Iowa Technology Leadership Institute cohort 
The Technology Association of Iowa (TAI) announced last week the graduation of its inaugural Iowa Technology Leadership (ITLI) cohort.  “As the Technology Association of Iowa celebrates its 25th anniversary, it is incredibly fitting that we graduate this inaugural class of 25 exceptional professionals, the future leaders of the Iowa technology industry,” said Brain Waller, President…
Ten Iowa City entrepreneurs accepted into national accelerator program
After a successful first cohort this winter, ten Iowa City entrepreneurs will enter a national idea accelerator program aimed at taking their ideas from concept and putting them into action, becoming builders. The selected ideas include a platform to improve travel aggregation for individuals and enterprise; a learning platform to help athletic training students;…
Iowa City based TextRetailer raises $150K to simplify consumer shopping experience
TextRetailer, an Iowa City based technology firm that created a conversational commerce platform to sell products through text messages recently announced that it has raised $150,000 from the Minneapolis based TinySeed accelerator program. The funding and TinySeed’s collaborative mentor network will aid TextRetailer in its mission to provide a unique and simplified shopping experience for…
Ability Tech Wins $10,000 1st Prize at Venture School Launch Day
The University of Iowa’s John Pappajohn Entrepreneurial Center (Iowa JPEC) held its Venture School Launch Day event in conjunction with EntreFEST last Thursday night. The statewide training program focuses on real-world experimentation, customer discovery, and Lean LaunchPad methodologies. A total of $29,500 in prize money was awarded to nine teams. Ability Tech, a company…
EntreFEST 2022 kicks off with ISA Launch Day
EntreFEST 2022 started off strong on Wednesday night with Iowa Startup Accelerator (ISA) Launch Day. Five businesses going through this spring’s and last fall's ISA Foundation Accelerator pitched their companies live at the Englert Theatre in Iowa City. The Iowa Startup Accelerator is a 6-month program that matches Iowa-based startups with seed funding, mentors, and…
Digital Diagnostics files paperwork showing $46 million raise
Coralville-based AI diagnostics company Digital Diagnostics (previously IDx) filed paperwork late last month indicating it has raised just over $46 million in funding. In April 2018,  Digital Diagnostics (became the first company to ever receive FDA clearance for an AI diagnostic platform that makes a diagnosis without physician input at the point-of-care. The company’s first diagnostic system, IDx-DR,…
Collins Aerospace selected to create NASA’s next-generation spacesuit
Collins Aerospace — along with ILC Dover and Oceaneering — have been selected to produce NASA’s next-generation spacesuit, which astronauts could wear when working outside the International Space Station and within the next decade on the moon. NASA announced on June 1 that it selected the companies for Exploration Extravehicular Activity Services contracts to support the development of new spacesuits…
EntreFEST returns to Iowa City next week
EntreFEST is set to return next week and this year the will be hosted throughout downtown Iowa City. This will be EntreFEST’s first appearance there since 2017 when NewBoCo first started producing the event. EntreFEST will take place all throughout Iowa City in breweries, restaurants, retail and entertainment venues for attendees to experience while visiting…
New innovation fund will offer $20 million in grants to Iowa nonprofits
Iowa will invest $20 million in American Rescue Plan Act funding to help nonprofit organizations across the state, the Governor’s Office announced last week. The new Nonprofit Innovation Fund will provide a competitive grant opportunity to help nonprofit organizations make transformational investments in vertical infrastructure that will enable them to offer additional services or help…
Mazen Animal Health raises $11 million Series A
Mazen Animal Health announced this week the closing of its Series A round of over $11 million. The round was led by Fall Line Capital and joined by all previous seed investors including Next Level Ventures, ISA Ventures, Kent Corporation, Ag Startup Engine, Ag Ventures Alliance Summit Ag. New investors, AgFunder, 1330 Investments, Addison Laboratories,…
Clay & Milk | Covering Iowa's startup, entrepreneurial and tech communities
A central Iowa ag-tech accelerator has secured more backers and finally has a name. The Greater Des Moines Partnership first announced the accelerator last year, naming four initial investors. On Monday, the Partnership said the program will be called the "Iowa AgriTech Accelerator" and named three new investors. The new investors include Grinnell Mutual, Kent Corp. and Sukup Manufacturing, all Iowa companies. They join investors Deere & Co., Peoples Co., Farmers Mutual Hail Insurance Co. and DuPont Pioneer. Each investor has agreed to put up $100,000 for the first year of the accelerator. Startups entering the program will receive $40,000 in seed funding in exchange for 6 percent equity. Tej Dhawan, an angel investor and local startup mentor, is serving as interim director until the AgriTech Accelerator names a permanent leader. Dhawan held a similar role with the GIA before Brian Hemesath was named as managing director. As interim director, Dhawan said his main job includes hiring the accelerator's executive director, establishing a business structure and initial recruiting for the first cohort. The accelerator will place few filters, such as location and product, on the applicant pool, Dhawan said. "When you’re seeking innovation, innovation can come from every corner of the world so why restrict ourselves," he said. One area the the AgriTech Accelerator won't recruit from is biotech. For its first cohort, the AgriTech Accelerator will work out of the GIA's space in Des Moines' East Village, Dhawan said. A future, permanent home is still to be decided. The accelerator's program will host startups from mid-July through mid-October, ending with an event connected to the annual World Food Prize. The GIA, which the AgriTech Accelerator is based on, also ends with presentations at an industry event. The accelerator has also started lining up a mentor pool. The Iowa Corn Growers Association, Iowa Soybean Association and the Iowa Pork Producers Association have agreed to provide mentors, as has Iowa State University. While the AgriTech Accelerator is loosely based off of the GIA, it will differ in its business structure, Dhawan said. The GIA runs through a for-profit model for both operations and its investment fund. The AgriTech Accelerator will have a nonprofit model for its operations and a for-profit setup for its fund. Dhawan said the nonprofit model is being used so the accelerator can better work with other nonprofit partners, such as trade associations. "These are all organizations that are nonprofits and can be amazing stakeholders without ever having to be investors in the accelerator," he said. "It becomes easier to work with trade associations in their nonprofit role when we are also a nonprofit." When it's up and running, the AgriTech Accelerator would be one of a handful of ag-focused startup development programs in Iowa. Others include the Ag Startup Engine out of Iowa State University and the Rural Ventures Alliance from Iowa MicroLoan. Matthew Patane is the managing editor and co-founder of Clay & Milk. Send him an email at mpatane@clayandmilk.com.
This Pop-up Is Included in the Theme
Best Choice for Creatives
Purchase Now