Rebel Medicine Inc. (Salt Lake City, UT) raises $6 Million Series A led by Crocker Ventures (Salt Lake City) as FDA accepts IND for Alevatrix™, a long-acting non-opioid pain therapeutic advancing to Phase 2 bunionectomy trial.
by Mark Tullis
Redo (Draper, UT) raises $81 million in Series B funding at a $1.25 billion valuation, led by Los Smash Capital and joined by Pelion and Cervin, to expand its AI-powered commerce platform internationally and deepen its post-purchase technology suite for direct-to-consumer brands.
Vasion (St. George, UT) has launched Intelligent Print Automation (IPA), a cloud-native platform designed to prevent enterprise documents from becoming unmanaged “dark data” by routing information into compliant, AI-ready business workflows.
Students and startups competed for $96,000 at UVU's two-day HITLAB World Cup Innovation Pitchday & Hackathon, producing working AI prototypes in digital identity, data governance, and maternal health that Utah's chief privacy officer says will directly inform state legislation.