3 tips for pitching Midwest venture capitalists

Kansas City, Missouri.
GUEST: The Midwest is a great place to live, sure, but is it a great place to grow a startup? The answer may surprise you: an unequivocal yes. Here’s what you may not know about the American Midwest: over the past three years, startup ecosystems all over the region — in places like Kansas City, Cincinnati, Minneapolis, Detroit, and of course Chicag…Read More

3 tips for pitching Midwest venture capitalists

Kansas City, Missouri.
GUEST: The Midwest is a great place to live, sure, but is it a great place to grow a startup? The answer may surprise you: an unequivocal yes. Here’s what you may not know about the American Midwest: over the past three years, startup ecosystems all over the region — in places like Kansas City, Cincinnati, Minneapolis, Detroit, and of course Chicag…Read More

ICE Heats up the Sector

The big news this morning is that Intercontinental Exchange, parent of the New York Stock Exchange, announced the formation of a new company, Bakkt, a global platform to allow consumers and institutions to buy, hold and store digital assets. Its first use cases will be for trading and conversion of Bitcoin versus fiat currencies. Partners include Microsoft, Starbucks and BCG:

“ ‘In bringing regulated, connected infrastructure together with institutional and consumer applications for digital assets, we aim to build confidence in the asset class on a global scale, consistent with our track record of bringing transparency and trust to previously unregulated markets,’ said Jeffrey C. Sprecher, Founder, Chairman and CEO of Intercontinental Exchange.

As an initial component of the Bakkt offering, Intercontinental Exchange’s U.S.-based futures exchange and clearing house plan to launch a 1-day physically delivered Bitcoin contract along with physical warehousing in November 2018, subject to CFTC Continue reading "ICE Heats up the Sector"

Heartland Tech Weekly: Promising tech hubs won’t all rise together


An interesting report came out this week from the Center for American Entrepreneurship, detailing the progress that’s been made in American startup communities over the last three years. The report specifically looked at how the number of “first financings” — that is, the amount of startups receiving their first round of venture capital finan…Read More

Early-stage VC funding remains elusive in most U.S. cities


With Silicon Valley getting more expensive day after day, there’s talk of businesses forgoing the area for other U.S. cities, in a phenomenon often called “Rise of the Rest.” But, is startup activity in these markets typically underserved by venture capital actually rising? The nonprofit Center for American Entrepreneurship publis…Read More

3 challenges the Midwest still faces in attracting more venture capital


GUEST: When it comes to venture capital activity, you can look at the Midwest in two ways. On one hand, the region lags significantly behind the East and West Coasts in total VC investment. On the other hand, this presents a real opportunity for significant growth, particularly given the region’s strong national (and international) standing i…Read More

Glasswing Ventures raises $112 million for AI-focused fund

Glasswing Ventures
Glasswing Ventures, an early-stage venture capital firm based in Boston, Massachusetts, announced that it has raised $112 million for an AI-focused fund it claims is the largest of its kind on the East Coast. The capital — which was raised over the course of 18 months from a mix of pension funds, family offices, and foundation and university…Read More

Ask a Healthcare VC: Shiny new toys vs potential game changers


SPONSORED: Less than ten years ago, digital health – called “Health Care IT” at the time – was barely a blip on the entrepreneurial radar. But the sector is maturing, and the amount of money invested and the number of deals made is mounting. The first half of 2017 was record setting, with $3.5B invested in 188 digital health companies.…Read More

3 overlooked elements of thriving startup communities


GUEST: Using a framework developed by the Ewing Marion Kauffman Foundation, PitchBook recently identified three factors critical to a robust VC ecosystem: density, resources, and talent. Those three qualities are important. However, the report doesn’t encompass (nor is it meant to) some of the building blocks of those three factors. Over the…Read More

CashShield raises $20 million to help companies fight fraud with AI


CashShield today announced that it has raised a $20 million round to expand its service that targets payment fraud and hijacked customer accounts. Started more than a decade ago, the company was an early mover in cybersecurity, where firms tend to assume break-ins will happen and focus on limiting the ensuing damage. “Most of the large enterp…Read More

Heartland Tech Weekly: Silicon Valley excess spreads outside the Bay Area


Typically, when a startup goes public after reaching a billion-dollar plus valuation, it’s considered a “win” for that community. But what happens when that billion-dollar company is no longer a unicorn? Earlier this month, Domo, a Utah-based business analytics startup founded by serial entrepreneur Josh James, filed for an IPO. The milestone shoul…Read More