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Minneapolis

Sub-Zero Temperatures Put Mid-West Into Deep Freeze

Navigator Office Aids Small Businesses In Regulatory Process

To help guide entrepreneurs in the process of setting up their small businesses, the local government of Minneapolis set up a "navigator" office. Owners of small businesses who shared their previous experiences going through the "confusing and frustrating" system, gathered at the City Hall to celebrate the city's recent action.

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Mainstay Medical

Mainstay Medical raises €18M in Dublin and Paris listing

Dublin, Ireland-based medical startup Mainstay Medical raised €18M as it completed a listing in the Iris Stock Exchange (ISE) to fund the clinical trials for its product in the US and Europe next year.

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RapidEngines

US-based network performance manager SevOne buys RapidEngines

Wilmington, US-based network performance management company SevOne Inc bought Minneapolis, Minnesota-based data analytics firm RapidEngines for an undisclosed amount as part of its service enhancement efforts.

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Gravie

US health insurance marketplace Gravie scores $10.5M in first funding round

Minneapolis, US-based health insurance marketplace Gravie scored $10,5 million in its first funding round which was led by Aberdare Ventures to help its clients understand their best option for coverage.

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Medallion Therapeutics

Alfred Mann Foundation launches medical device startup in Minnesota

The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.

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Walmart

Walmart tests online grocery shopping with local pick-up option in Denver

US-based multinational retail chain Walmart started testing the local pick-up option for Walmart To Go, the company's online grocery shopping service with home delivery feature in Denver, Colorado.

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CSM Corp

Minnesota developer buys Hotel Monroe in $7.85M deal

Minnesota-based developer CSM Corp bought the historical building in downtown Phoenix, Hotel Monroe in a deal valued at $7.85 million, according to a commercial real estate research firm.

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Jostens

Jostens to acquire rival American Achievement

Minneapolis-based commemorative paraphernalia retailer Jostens gave its approval on the company's acquisition of rival American Achievement Group in a deal that was valued at USD500 million, according to a source familiar with the matter.

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