After being cramped in a 900-square foot facility for over three years, Xerocraft, a Tucson-based, non-profit, co-working space for makers and tinkerers are stretching their legs and moving into about a 4,400 square foot facility in downtown Tucson to accommodate their growing numbers and equipment. Jeremy Briddle, Xerocraft’s treasurer, shares the milestones leading up to … Read more
LawLytics, a legal technology management software company based in Tucson, has been acquired by the Smokeball-LEAP-InfoTrack Group, a global legal practice management and legal search technology company. The goal is that LawLytics will expand the offerings of Smokeball-LEAP-InfoTrack Group, as well as help the group become more firmly established in the United States. LawLytics provides … Read more
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 to date. The round was led by Peak State Ventures, Andreeson Horowitz, Starwood Capital, Founders Fund, Innovation Endeavors and Building Ventures, among others. Mosaic will use the … Read more
equipifi, a fintech company that helps banks and credit unions incorporate a Buy Now, Pay Later (BNPL) option, launches today with $3 million in seed funding. The Scottsdale-based startup is designed to help banks and credit unions offer users the chance to buy now, pay later. The cloud-based platform is “built to be launched effortlessly” … Read more
Genetic sequencing startup Tesis Labs has announced a $20 million of growth equity financing, marking the company’s first external raise since it was founded in early 2020. This financing put the company at a post-money valuation of $520 million. The round began and ended in September of this year and it was led by Xcellerant … Read more
Arizona leaders have launched the National Semiconductor Economic Roadmap (NSER), a new initiative to advance U.S. competitiveness in the international semiconductor industry. Global demand for semiconductors has reached an unprecedented high, but these chips, which have become a precious commodity, are also in short supply. This shortage comes in part because of the massive impact … Read more
Unmanned aerial systems (UAS) service providers Skynetwest, based in Chandler, and Soaring Eagle Imaging, based in Brandon, Miss., have joined forces to create a drone data collection and processing company called Soaring Eagle Technologies. The goal for this new company is to become the leading resource for gathering and processing data provided by drones. Soaring … Read more
Scottsdale-based GitKraken has announced its acquisition of BigBrassBand, the creator of a Git integration plugin for Jira. GitKraken’s Git productivity and collaboration solutions are used by more than 2.5 million software developers from 75,000 companies around the world to improve the efficiency and quality of their code. Virginia-based BigBrassBand brings more than 3.6 million users … Read more
Keap, a sales and marketing automation platform for small businesses, announced a new strategy to further streamline all the processes required by small businesses to run an e-commerce site. The Chandler-based company has launched expanded e-commerce capabilities in its Pro and Max products — the company’s most popular and newest options. The new capabilities are … Read more
The University of Arizona has been invited to participate in Destination Startup, an annual startup showcase held in Colorado designed to highlight some of the best companies in the Intermountain West. The showcase brings together several of the leading research universities and federal laboratories across the Intermountain West region. Standout startups from these institutions will … Read more