Rizing Tide, a foundation started by WebPT co-founder and Chief Clinical Officer Heidi Jannenga, has announced its first cohort of scholarship recipients who will be awarded designed to help students from underrepresented communities become physical therapists. The foundation selected three BIPOC graduate students to receive scholarships of up to $14,000 to help fund their continuing … Read more
Twentyeight Health, a women’s telehealth company from New York, will launch today in Arizona, which means the platform can officially serve Arizona residents. The Brooklyn-based company aims to increase access to birth control for women in underserved communities. Twentyeight Health co-founder Amy Fan told AZ Tech Beat that there are at least 450,000 “contraceptive deserts,” … Read more
KORE Power, Inc., a lithium-ion battery manufacturer based in Idaho, has officially chosen Yates Construction for its new KOREPlex facility to be built in Buckeye. According to the announcement by KORE Power, Mississippi-based Yates Construction is an advanced manufacturing design-build company that has been building battery and special use manufacturing facilities for years. KORE Power … Read more
There’s been a lot of bad news this week, both nationally and internationally. Let’s start the week on a positive note: Arizona has landed in the top ten in several categories on the Business Facilities 2021 state rankings report, including #2 for Best Business Climate of large cities. Business Facilities is a media brand that … Read more
ON Semiconductor, one of Arizona’s largest public companies, now goes by a new name. onsemi (Nasdaq: ON) is the refreshed name of the semiconductor brand, which hopes to evolve and establish itself as the leading provider of intelligent power and sensing technologies. The company is also focused on contributing to a sustainable ecosystem through innovative … Read more
Aira, a tech startup based in Chandler, has announced a $12 million Series Seed funding round that will help the company continue to pursue its mission to revolutionize wireless charging. The first investor for this round was Motherson Innovations Company Limited, the emerging technologies arm of the Motherson Group, a Tier 1 global automotive supplier … Read more
Three Scottsdale founders have been named by Ernst & Young (EY US) as winners of the Entrepreneur Of The Year 2021 Mountain Desert Region Award. Chris Ronzio, founder and CEO of Trainual, and Andrew Leto & Michael Leto, Emerge founder and CEO (respectively), were the only Arizona founders on the list of winners. The rest … Read more
Exro Technologies, a power technology firm based out of Calgary, Alberta, has announced it will establish its U.S. headquarters in Mesa — evidence of the company’s momentum and growth. Canadian-based Exro is a leading clean technology company that has developed a new class of power electronics for electric motors and batteries. Its Coil Driver technology … Read more
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
Virtuous, a fundraising platform for nonprofits, has closed an $18 million Series B raise, which will be used to further support the company’s goal to hire locally and expand the team nationally. The money will also help support the company’s fast growth trajectory and improve product offerings. The raise was led by Fulcrum Equity Partners, … Read more