eVisit closes a $45M raise led by Goldman Sachs following increased demand for virtual healthcare platform

Virtual healthcare platform eVisit has announced the close of a Series B funding round, led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs). Other participants include Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst) and more.  “We’re thrilled to partner with Goldman Sachs and other highly strategic … Read more

July roundup: Arizona tech stayed hot in the heat of the summer

July

July proved to be another big month for Arizona tech, with local companies raising millions, out-of-towners relocating to the Valley, and plenty of events and cohorts popping up to support startups. This month, we put a spotlight on diversity and talked to leaders from around Phoenix to give founders tips on how to diversify your … Read more

UArizona sees increase in innovation, including new tool to understand the brain

increase in innovation

Even amidst the chaos and slowdowns of the pandemic, the University of Arizona saw an increase in innovation. Here’s a recent example: engineering researchers at UArizona are creating new tools for optogenetics, which shines light at specific neurons in the brain to excite or suppress activity. Optogenetics experiments help to understand how the brain works, … Read more

Lucid Motors debuts on Wall Street after fluke with merger vote, plans to expand Arizona factory

Lucid Motors

It didn’t go according to the original plan, but Lucid Motors Inc. began trading as a public company on Monday, after shareholders approved a merger with a special-purpose acquisition company (SPAC) last week. Lucid and Churchill Capital Corp. IV, the SPAC, are officially merged and are now known as Lucid Group Inc. (NYSE: LCID). The … Read more

Lucid Motors’ Air on track for second half start of production

Lucid Motors

Lucid Motors, the Newark, California-based company that operates a factory in Casa Grande, is on schedule to begin production and deliveries of its debut EVs, like Lucid Air, this year.  Bloomberg reported that Lucid CEO Peter Rawlinson told investors on a call Tuesday that “testing and validation of Lucid Air is progressing well” and the … Read more

Company fundamentally rethinking agriculture expands to Avondale

agriculture

OnePointOne, a Silicon Valley-based agriculture technology startup, is expanding its corporate and vertical farming production facilities to Avondale, which will create more than 70 jobs. OnePointOne is building a technologically-advanced cultivation platform that uses innovations in automation, AI and plant science. Last year, the company launched Willo, a personalized vertical farming platform that’s designed to … Read more

DynoSafe to be featured on Shark Tank to pitch solution to porch pirates

Arizona-based DynoSafe will be featured on Shark Tank to pitch a solution to limit the increasing number of porch pirates and ruined packages.  On April 2, East Valley entrepreneurs Rebecca Romanucci, DynoSafe CEO and Founder, and her husband Eric Romanucci will stand in front of the infamous Shark Tank panel in the hopes of securing … Read more

Emerge, named one of America’s Best Startup employers, looks to double headcount in 2021

Emerge, a Scottsdale- based logistics technology startup named #23 on Forbes list of “America’s Top Startup Employers” plans to double headcount in 2021.  Emerge is looking for local people to fill a variety of roles in multiple departments, including IT, engineering and sales and operations. This move is more evidence of Arizona’s growing tech industry. … Read more