Middle Bit: Angel Capital Association Conference coming to Des Moines

Photo courtesy of Flickr.

This year’s Midwest Angel Capital Association (ACA) Conference will take place in Des Moines.

The ACA conference is a forum for Midwest angel and seed investors hosted by Plains Angels that brings early-stage deals from the Midwest onto one stage and allows accredited investors an opportunity to invest.

10 startup leaders from across the Midwest will pitch with hopes of earning investment from the conference’s main fund, the Best of the Midwest DSM LLC. Funds raised through the Best of the Midwest DSM will be pooled for equal investment in the startups that event judges approve to receive investment.

The conference will be held Sept. 19-20 at the Hilton Des Moines Downtown. Registration is open to both ACA members and nonmembers. Organizers expect to see 150 angel investors or representatives at the conference.nut

What else is happening?

Illinois

Agrible, an Illinois startup that uses predictive analytics and data science to help farmers make smarter decisions about their crops, is being acquired by agriculture company Nutrien for $63 million. –Chicago Business Journal

Michigan

Cisco is buying Ann Arbor-based Duo Security for $2.35 billion in cash and assumed equity awards. Duo Security was valued at about $1.17 billion as of its last funding round. The company is best known for the two-factor authentication app it created for enterprise companies, and it counts Etsy, Yelp, and Facebook among its more than 12,000 customers. –Venture Beat

Missouri

GlobalHack, a St. Louis-based nonprofit focused on driving social impact through technology, will return this fall for GlobalHack VII with a theme focused on immigration and innovation. The hackathon will take place at Chaifetz Arena on the campus of Saint Louis University from Friday, October 12 to Sunday, October 14. –Silicon Prairie News

Nebraska

MultiMechanics, an Omaha-based developer of composite modeling and simulation software, has announced a strategic technology partnership with Fortify, a Boston-based additive manufacturing company specialized in composite material systems. –Silicon Prairie News