Sonoran Founders Fund plans to raise $10 million to invest in local, regional startups

The Sonoran Founders Fund, led by CEO and co-founder Romi Dhillon and co-founders Dan Burns, Cathy Eckstein and Kevin Groman, plan to raise and invest $10 million into Southwest-region pre-seed and seed-stage startups in 2021. According to the fund’s website, the group looks to invest in the SaaS, marketplaces, AI, Fintech, Edtech and healthcare IT … Read more

YellowBird closes seed round with more than $1.7 million in funding

Co-founders of YellowBird, a Phoenix-based gig economy marketplace YellowBird

YellowBird, a gig economy marketplace headquartered in Phoenix, has closed its seed capital raise with more than $1.7 million in funding. The YellowBird marketplace connects businesses with vetted Risk and Environmental, Health, and Safety (EHS) professionals on-demand for projects of any size. The professionals are vetted with a five-step process that includes background and accreditation … Read more

Arizona Technology Council wins major awards in Greater Phoenix Chamber IMPACT Awards

Arizona Technology Council logo

Arizona Technology Council was awarded the 2021 IMPACT Business of the Year, as well as the Exceptional Innovator Award in the Small to Medium Business category from the Greater Phoenix Chamber. The Arizona Technology Council was founded in 2002 and is the major trade association in Arizona for science and technology companies. It’s designed to … Read more

4 Arizona companies honored on EdTech 150

EdTech

The ASU+GSV Summit, a collaboration between Arizona State University and Global Silicon Valley, announced its annual EdTech 150 list, highlighting 150 of the leading and most transformational private companies in the Education Technology industry that focus on global learning. The list includes 4 companies headquartered in Arizona. Chandler-based CampusLogic and Scottsdale companies Parchment, Proctorio and … Read more

Sensagrate partners with Innoviz Technologies to increase road safety

road safety

Sensagrate, a software company based in Scottsdale, and Innoviz Technologies, which is headquartered in Israel, announced a partnership to enable a variety of Smart City applications meant to create safer cities by improving road safety. Sensagrate has created the Smart City technology, as well as data analytics and reporting products, to monitor traffic, pedestrian and … Read more

SaiOx partners with company to supply respiratory devices in India

SaiOx India

SaiOx, a Tucson-based ventilator company, has teamed up with XrossFusion, a medical device firm in India, to deliver critical respiratory equipment technology to hospitals in India. SaiOx developed the helium-oxygen respiratory assist device called Hespiro to help treat patients with respiratory conditions, including Covid-19. The air we breathe is made up of about 79% nitrogen … Read more

India-based Zensar Technologies to acquire M3bi in Scottsdale

Scottsdale-based M3bi has closed a deal with Zensar Technologies, a publicly-traded software and services technology company based in India. Zensar’s US subsidiary, based in San Jose, Calif., will conduct the acquisition. The company will pay an upfront payment of $21.6 million and performance-based deferred payments of no more than $9 million over 36 months. The … Read more

Botco.ai wins TiE50 Award for innovation in AI technology

Botco STChealth

Botco.ai has been named a 2021 winner in TiEcon’s TiE50 Awards Program. The company is one of 152 winners worldwide, but the only winner from Arizona.  Winners of this award gain visibility and exposure to sponsors, partners and investors, including venture capitalists and angel investors. Winners also have access to thousands of dollars in credits … Read more