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
Instead of using Rote memorization methods to pound medical terms such as macrolides and bacteriostatic into ones’ head for finals, students are turning to Picmonic, a visual learning platform, where definitions, diseases and diagnoses are transformed into colorful, goofy and unforgettable pictures to create a personalized learning experience. Since they launched in 2011, the company has … Read more
One startup is helping sales representatives make sure your favorite chips, gum and bottled water are ready to go at the local convenient store. Shelvspace, a SaaS solution for the consumer packaging goods industry, today announced they closed on a $1 million seed round of funding led by Tallwave Capital with participation from high-profile* California- and … Read more
Photo contribution from Thomas Hawthorne, co-written with Tishin Donkersley The Tempe Center for the Arts was buzzing as investors, entrepreneurs and TiE AZ members networked and threw back a few cold ones at the TiE AZ Venture Capital Roundtable. The event included a panel of venture capitalists (VCs) from Silicon Valley and the Southwest who shared … Read more
The Angel Resource Institute, Silicon Valley Bank and CB Insights released the 2014 Q1 HALO Report, a national survey of angel group investment activity, and ranked Tucson-based Desert Angels (DA) again as one of the top 10 most active angel groups in the country. Curtis Gunn, chairman of Desert Angels, tells AZTB, “Desert Angels are … Read more
Post.Bid.Ship. recently closed its third round of angel funding, getting a little over $600,000 from Desert Angels, according to Chairman Curtis Gunn. These funds will help expand the business of linking companies with shippers, co-founder and chief operations officer Jarret Hamstreet said. The Tucson-based company is looking to transform how the shipping business is conducted … Read more
Curtis Gunn, Chairman of Desert Angels, is the first Arizona investor to be appointed to the Angel Capital Association Board, and will serve for three years. The Angel Capital Association is the leading professional and trade association supporting the success of angel investors in high-growth, early-stage ventures. “I look forward to raising the awareness of Arizona companies, … Read more