August was a rocky month in terms of world news, but Arizona tech continues to make good progress toward building a solid tech ecosystem. Last month we saw acquisitions, major investments, notable recognition and programs aimed at improving diversity across different fields. Scottsdale entrepreneurs named 2021 Entrepreneur of the Year Trainual founder Chris Ronzio and … Read more
A for Arizona, a nonprofit organization dedicated to improving Arizona education, has been selected as program administrator for the Arizona Transportation Modernization Grants Program, which is designed to address the many problems with current school transportation. This new $20 million initiative puts Arizona at the forefront of developing safer, more innovative and more reliable ways … Read more
July proved to be another big month for Arizona tech, with local companies raising millions, out-of-towners relocating to the Valley, and plenty of events and cohorts popping up to support startups. This month, we put a spotlight on diversity and talked to leaders from around Phoenix to give founders tips on how to diversify your … Read more
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
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
Promineo Tech, a startup that partners with community colleges to provide affordable, low-risk coding bootcamps, has raised $900,000 in seed funding. The Peoria-based company will use the money to expand its Education as a Service (EaaS) program offerings and reach more students. Promineo Tech was founded in 2018 by Nick Suwyn as a technology school … Read more
Conversations about diversity, equity and inclusion are happening everywhere — on social media, in our communities and in our businesses. These are important discussions to have, especially in Arizona, where there’s a clear lack of diversity in the tech ecosystem here. Thankfully, companies and people around the Valley are working to prioritize diversity, equity and … Read more
You no longer need to move to Silicon Valley to have a successful career in tech. Arizona’s tech ecosystem is growing fast. Arizona tech startups are announcing raises, major semiconductor and EV companies are expanding here and local capital is increasing. Arizona’s tech sector even continued its rapid growth during the pandemic, ranking eighth in … Read more
Parchment, a Scottsdale-based digital credential service, has announced its acquisition of Digitary, also a digital credential service, which is used in hundreds of higher education institutions around the world. Parchment and Digitary are both edtech companies designed to allow students, academic institutions and employers to request, verify and share credentials, like academic transcripts, safely and … 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