Today, Penny AI, based in Vancouver, BC, announced a $27 million Series B. The round was led by PSG, a growth equity firm, with participation from Acronym Venture Capital and ScaleUP Ventures. Penny AI is a smart assistant platform built for sales consultants in the direct selling space. The platform

New Terminal at Provo Airport The new Provo Airport terminal will open for business in July 2022. Utah's second largest terminal cost $55 million to build. It has 4 gates (expandable to 10), an enclosed family lounge for children, a traveler’s area seating, retail shops, restaurants, murals,

Scott Paul and Trent Mano, both long-time operators and super-networkers in the Utah entrepreneurship scene, have launched Convoi Ventures, a $7.5 million pre-seed fund aimed at being the first check and first believer in young and audacious founders.  “We’re more likely to say ‘Too late’ than we are

Clozd announced on May 25, 2022 it has raised a $52M Series A funding round led by Greycroft (New York) a seed-to-growth VC firm that has raised over $2 billion in capital and invests in technology, mobile and internet startups. Other investors in this round include Madrona Venture Group (Seattle,

By Elainna Ciaramella On Thursday, May 26, Cryptopia is taking place at Slopes EVNTS in Draper. It's a Web3 event launched by Utah Business Magazine, of which Mountain America is the title sponsor. There’s a lot of excitement surrounding Cryptopia. It brings individuals and companies together under

By Karin Anderson Clay Olsen, founder and CEO of Logan-based Impact Suite, has built a bouquet of subscription mental health apps based on the conviction that mental or mood disorders are largely caused by external pressures. That is, human beings do not live in bodies that are innately disordered so

On May 17th, Claravine, based in Provo, announced its $16 million Series B funding round. The round was led by Five Elms Capital (Kansas City, MO) with participation from Grayhawk Capital (Scottsdale, AZ), Next Frontier Capital (Bozeman, MT), Peninsula Ventures (San Mateo, CA), Kickstart Fund (Cottonwood Heights), and Silverton Partners

By Elainna Ciaramella On Sunday, May 15, 2022, Dixie State University (DSU) in St. George, Utah, issued a press release revealing Utah Tech University and its new logos in advance of the university’s July 1 name change, and to share the inside story, TechBuzz News caught up with Richard