AZ Tech Council wins first in public policy advocacy at 2021 TECNA Innovation Awards

Public Policy Advocacy

The Arizona Technology Council was named the winner of the Public Policy Advocacy category and a finalist in the Creative Marketing and Communications category at the 2021 Technology Councils of North America (TECNA) Innovation Awards. TECNA represents about 60 technology associations across the U.S. and Canada. It hosts the awards each year to recognize and … Read more

Chandler company launches to defend critical industrial infrastructure systems

defend critical

SynSaber, a new startup setting its sights on asset and network monitoring solutions to defend critical infrastructure, officially launched last week after securing $2.5 million in seed funding.  The company is working to develop an effective, low-hardware and low-hassle technology-agnostic solution that provides continuous insight into the status, vulnerabilities and threats across every point in … Read more

Mesa blockchain startup raises $1.4 million, merges with other blockchain company

blockchain

IPAssets Technology, a Mesa-based blockchain integration specialist, announced a $1.4 million funding round that included a merger with Mango Farm Assets. The proceeds from this funding will be used to accelerate the company’s branded platforms, which include MangoFarmAssets.com, RavencoinIPFS.com and TheAssetMarketplace.com, and Ice Wallet, IPAssets’ flagship cold storage wallet that is coming later this year. … Read more

KORE Power to build $500 million manufacturing facility in Buckeye

In May, KORE Power had three possible suitors for a manufacturing facility for its lithium-ion battery cells: Arizona, Florida and Texas. Today, the company made its final decision. “At the end of the day, we selected Arizona,” KORE Power CEO Lindsay Gorrill said.  The facility will be built in Buckeye, near MC 85 and Interstate … Read more

Scottsdale-based Limelight Networks acquires Layer0

Limelight Networks

Scottsdale startup Limelight Networks (Nasdaq: LLNW), a provider of edge cloud services, has entered into a definitive agreement to acquire Moov Corporation, which does business as Moovweb or Layer0.  The definitive agreement said Limelight will acquire Layer0 for about $32.5 million in cash and $22.5 million worth of common stock. Still, the deal is subject … 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

Thinkzilla Founder Velma Trayham is new to Phoenix and wants to help companies diversify workplaces, not portfolios

Thinkzilla

“What the hell am I going to do there?” That’s what Thinkzilla CEO Velma Trayham said to herself when she started thinking about moving to Phoenix. Trayham had heard from a friend that the Phoenix startup ecosystem was really starting to emphasize the importance of diversity in business. And, well, diversity and inclusion is Trayham’s … Read more

Arizona Commerce Authority now accepting applications for Arizona Innovation Challenge

Arizona Innovation Challenge

The Arizona Commerce Authority (ACA) announced today that they are accepting applications for the 10th annual Arizona Innovation Challenge, the largest business plan competition in the country, starting Monday, July 26.  The Arizona Innovation Challenge (AIC) advances innovation and technology commercialization opportunities in the state by helping early-stage ventures to scale. The ACA has picked … Read more

Arizona ranked no. 3 in country for job recovery

recovery

We probably sound like a broken record at this point, but Arizona is doing really well in economic recovery coming out of the Covid-19 pandemic. Here’s another report that proves it. Arizona is number 3 in the country for job recovery, according to a report from the Arizona Commerce Authority. The state’s job recovery rate … Read more