For several years now, Metro Phoenix has been touted as one of the next major tech hubs in the U.S. The StartupAZ Foundation, a non-profit organization dedicated to growing Arizona’s startup ecosystem, has announced a new cohort of companies as part of its StartupAZ Collective. The StartupAZ Collective is designed “to increase the performance and … Read more
WynnBET, the New Jersey-based casino and sports betting app from luxury hospitality leader Wynn Resorts, announced a partnership with the San Carlos Apache Tribe to pursue an online sports betting license in Arizona. Arizona is the 16th state added to a growing list of places where WynnBET operates or plans to launch. WynnBET will work … Read more
Last week, Arizona state legislators passed SB 1124, which includes an extension of the Small Business Capital Investment Incentive. The incentive, more commonly known as the angel investor tax credit, encourages investment in early-stage companies and tech startups in Arizona. The tax credit has made a $1.38 billion economic impact over the last six years. … Read more
Arizona State University announced plans to launch a student digital record app, called Pocket, during the university’s Digital Trust Summit in June. The app is expected to launch in Spring 2022. Decentralized digital learning record platforms like Pocket are designed to give students more control of their data and records, like the ability to store … Read more
Three smart city associations, two of which are based in Arizona, joined forces to take a “region of regions” approach to collaborate and evaluate new financial models. The North Texas Innovation Alliance (NTXIA), a consortium of almost 30 municipalities, agencies, corporations and academic institutions in North Texas; The Connective, a Phoenix-based research and implementation partnership … Read more
June was another big month for tech in Arizona — everything from partnerships and grants to business milestones and expansions. Arizona Technology Council praises AZ’s 2022 fiscal year budget proposal The Council’s president and CEO Steven G. Zylstra said the proposal includes funding to keep Arizona competitive in tech. The proposed budget includes many of … Read more
Anuncia, a medical device company and innovator in cerebrospinal fluid (CSF) management, announced its plan to move its headquarters to Scottsdale. The headquarters will be at SkySong, the Arizona State University Scottsdale Innovation Center. This location provides the company with access to research and development opportunities, as well as bioscience and healthcare talent. It also … Read more
Social Leverage, a Scottsdale-based venture capital firm, raised $99 million for its fourth venture fund. The VC group, made up of managing partners Howard Lindzon, Gary Benitt and Tom Peterson, are looking to invest in early-stage SaaS, fintech and consumer startups. Peterson told the Phoenix Business Journal that the partners look for companies on the … Read more
Kevin Trinh, a PhD student at Arizona State University, was awarded the Future Investigators in NASA Earth and Space Science and Technology (FINESST) grant earlier this month. This award will give Trinh and his PhD advisor, Joe O’Rourke, an assistant professor at ASU’s School of Earth and Space Exploration, $135,000 over three years. FINESST, established … Read more
Trainual, a SaaS platform designed to help growing businesses standardize policies and processes, has closed a $27 million Series B round, bringing the company’s total funding to $33.75 million. The round was led by Altos Ventures, a major venture capital firm based out of Menlo Park, Calif. Trainual founder and CEO Chris Ronzio said in … Read more