Search Results for: arizona economy

Here are the 25 company finalists for the 2021 Venture Madness conference & pitch competition

Invest Southwest, in partnership with the Arizona Commerce Authority, has announced the 25 Presenting Company finalists that have been selected for the 2021 Venture Madness Competition.  These finalists will get exclusive access to the region’s most active accredited investors, all in one place. Invest Southwest and the Arizona Commerce Authority present the annual conference, which … 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

Mesa a “natural choice” for US headquarters of Canadian-based Exro Technologies

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

StartupAZ announces 2021 StartupAZ Collective cohort to encourage startup growth

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

Thinkzilla expands to Scottsdale to support minority-owned businesses

Thinkzilla

Thinkzilla, a brand, marketing and PR agency based in Atlanta, announced plans to open a new office at SkySong, the Arizona State University Scottsdale Innovation Center. The consulting firm said it will hire 25 employees in the first six months. Female and minority-owned Thinkzilla chose Scottsdale because of the growing entrepreneurial ecosystem here. Company leaders … Read more

Invest Southwest expands Venture Madness competition to companies nationwide

Venture Madness

The 2021 Venture Madness event, Arizona’s longest-running VC conference and pitch competition, is now open for applications through June 3. The difference this year? The event is open to companies across the U.S. “Business growth in Arizona has propelled the state to become one of the best places in the country to start a company,” … 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

Canadian electric vehicle company ElectraMeccanica breaks ground on new Mesa facility

ElectraMeccanica Vehicles Corp., Canadian electric vehicle (EV) company, broke ground on its first U.S. based assembly facility and engineering technical center planned for Mesa. It’s the third groundbreaking for an EV manufacturing facility in Arizona since 2019.  “Today marks a momentous occasion for our company,” Paul Rivera, the company’s CEO, said in a statement. Rivera … Read more

Lithium-ion battery recycling plant coming to Gilbert

Li-Cycle, the largest lithium-ion battery recycler in North America, has announced plans to build its third recycling facility in Gilbert.  This “Spoke 3” facility will be able to process up to 10,000 tons of dead batteries and battery manufacturing scrap a year. The company’s other two “spokes,” or facilities, are located in Rochester, N.Y., where … Read more

Art meets co-working at The Department

As the elevator doors opened on the 6th floor at 1 North 1st street, I felt that I’d walked into a super-sized studio apartment with a modern flare that housed buzzing startups on the perimeter and beautifully designed furniture in the center. The building was first used by the Korrick department store between 1914-1966, and has … Read more