Skysong Innovations Portfolio Raises Over $1 Billion

Arizona State University has announced that the startups in the Skysong Innovations portfolio have raised more than $1 billion in external funding. This is a major accomplishment for Skysong Innovations, which is the entity that gets ASU research out into the world. “A billion dollars of investments is an incredible milestone that signals enormous accomplishment, … [Read more](/content/2021/11/23/startups-at-asus-skysong-surpass-more-than-1b-in-external-funding/ "Startups at ASU’s Skysong surpass more than $1B in external funding"/index.html)

Mosaic Building Group Raises $44 Million

Mosaic Building Group, a construction technology startup based in Phoenix, has announced a $44 million Series B funding round. This round brings the company’s total funding to $68.75 million to date, led by Peak State Ventures, Andreessen Horowitz, Starwood Capital, Founders Fund, Innovation Endeavors, and Building Ventures, among others. Mosaic will use the funds to … [Read more](/content/2021/11/04/construction-technology-company-mosaic-announces-44m-series-b-round/ "Construction technology company Mosaic announces $44M Series B round"/index.html)

ActiveClass Raises $1.9 Million in Seed Funding

ActiveClass, an early-stage education technology company designed to help increase student engagement, has raised $1.9 million in seed money. The Scottsdale-based startup will use the funding to hire more employees, improve customer service, and speed up product development. “We are beyond excited for what this means not just for us at … [Read more](/content/2021/10/25/early-stage-edtech-startup-raises-1-9-million-in-seed-money/ "Early stage EdTech startup raises $1.9 million in seed money"/index.html)

Results of Venture Madness 2021

Venture Madness, an annual conference organized by Invest Southwest, took place this week, revealing the winners of the Venture Madness competition. This event unites investors and standout Arizona startups for two days of networking and pitching. Earlier this year, Invest Southwest announced 25 finalists — five companies in five … [Read more](/content/2021/10/08/and-the-winners-of-venture-madness-2021-are/ "And the winners of Venture Madness 2021 are…"/index.html)

Botco.ai Secures $3.6 Million in Seed Funding

Botco.ai, a Scottsdale-based artificial intelligence chatbot platform for enterprise healthcare organizations, closed a $3.6 million seed round led by VamosVentures. This win is another in a series of achievements for botco.ai, which will use the funds to accelerate product development … [Read more](/content/2021/10/04/ai-chatbot-startup-botco-ai-raises-3-6m-in-seed-funding-round-led-by-la-based-vamosventures/ "AI chatbot startup Botco.ai raises $3.6M in seed funding round led by LA-based VamosVentures"/index.html)

eVisit Completes $45 Million Raise

Virtual healthcare platform eVisit announced the close of a Series B funding round led by Goldman Sachs Asset Management. Other participants included Texas Health Resources, Tom Burton, and Steve Barlow (Co-founders of Health Catalyst). “We’re thrilled to partner with Goldman Sachs and other highly strategic … [Read more](/content/2021/09/21/evisit-closes-a-45m-raise-led-by-goldman-sachs-following-increased-demand-for-virtual-healthcare-platform/ "eVisit closes a $45M raise led by Goldman Sachs following increased demand for virtual healthcare platform"/index.html)

Nextiva Raises $200 Million

Nextiva, a Scottsdale-based connected communications company, announced a $200 million raise from Goldman Sachs at a $2.7 billion valuation. This is the company’s first external funding round, following a year of growth reporting $250 million in ARR. The company also boasts continued product development and market leadership. According to … [Read more](/content/2021/09/15/nextiva-raises-200m-from-goldman-sachs-to-accelerate-and-improve-connected-communications/ "Nextiva raises $200M from Goldman Sachs to accelerate and improve connected communications"/index.html)

Arizona Transportation Modernization Grants

A for Arizona, a nonprofit focused on improving education in Arizona, has been selected as program administrator for the Arizona Transportation Modernization Grants Program, designed to tackle ongoing school transportation issues. This $20 million initiative aims to develop safer, more innovative, and reliable … [Read more](/content/2021/08/20/community-leaders-hope-new-grant-program-will-provide-solutions-to-ongoing-school-transportation-problems/ "Community leaders hope new grant program will provide solutions to ongoing school transportation problems"/index.html)

2021 Venture Madness Finalists Announced

Invest Southwest, partnering with the Arizona Commerce Authority, has announced 25 finalists selected for the 2021 Venture Madness Competition. These finalists will gain exclusive access to the region’s most active accredited investors. Invest Southwest and the Arizona Commerce Authority present the annual conference, which … [Read more](/content/2021/08/05/here-are-the-25-company-finalists-for-the-2021-venture-madness-conference-pitch-competition/ "Here are the 25 company finalists for the 2021 Venture Madness conference & pitch competition"/index.html)

SynSaber Launches with $2.5 Million in Seed Funding

SynSaber, a new startup focusing on asset and network monitoring solutions to defend critical infrastructure, officially launched after securing $2.5 million in seed funding. The company is working to develop an effective, low-hardware and low-hassle technology-agnostic solution providing continuous insight into vulnerabilities and threats across every point in … [Read more](/content/2021/07/30/chandler-company-launches-to-defend-critical-industrial-infrastructure-systems/ "Chandler company launches to defend critical industrial infrastructure systems"/index.html)