Electric vehicle maker Tesla Inc. has bought Perbix—a Minnesota based company—that over the past few years has built some of the advanced equipment used in Tesla factories, according to a story Tuesday in the StarTribune.
According to the story, Perbix will remain at its site in Brooklyn Park and become a Minnesota engineering outpost for Tesla.
Tesla said Monday it will add to the Perbix staff of 150 people and that nobody will be relocated.
Prebix started making machining equipment 41 years ago and has been working with Tesla for nearly three years, according to the StarTribune.
Prebix has also worked on automated tools for Tesla that includes a system that makes the drive-unit rotors in its cars.
Opendorse raises $3.5 million
A Lincoln-based athlete marketing platform—Opendorse—raised $3.5 million in Series A funding, according to a story Monday in the Lincoln Journal Star.
Opendorse helps connect athletes with companies and brands seeking endorsements. Serra Ventures led the round and was joined by investors including Flyover Capital.
Former Nebraska and current Chicago Bears defensive back Prince Amukamara led a group of former Husker players to provide more than one-third of the round of investment, according to the story.
Opendorse works with more than 2,400 athletes and its brand partners include the NFL Players Association, PGA Tour, New Jersey Devils and more than 15 major college athletic departments.
What else happened…
Former Whole Foods co-CEO joins Colorado Startup – DenverPost.com
Des Moines has a strong arts community: This plan explains how it can grow – The Des Moines Register
For people of color, starting a business, access to capital remains a challenge – TCBmag.com
KCI airport vote should help land top talent, startup leaders say – StartlandNews.com
Missouri Technology Corporation still investing in innovation despite tough budget – SPN
CyberPatriot competition engages youth in STEM learning – SPN
Foxconn and CEO guarantee up to $500 million for job creation at Wisconsin plant – jsonline.com
National stories involving Iowa
Where the small-town American dream lives on (Orange City, Iowa) – NewYorker.com