Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
Money
Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
West Desert has reopened under Utah ownership after PV3 Enterprises invested more than $50 million in the former Utah Motorsports Campus, launching plans for a larger motorsports destination.
Searchable, the UK-founded AI visibility startup that opened a Salt Lake City office in August, has acquired New York's Meridian Tech in a seven-figure deal, adding Meridian's managed AEO service and client base.
Autonomous Solutions Inc. (Mendon, UT) secured a $225 million SoftBank investment and formed a separately capitalized joint venture to accelerate autonomous construction technology across large infrastructure projects.
Autonomous Solutions Inc. (Mendon, UT) secured a $225 million SoftBank investment and formed a separately capitalized joint venture to accelerate autonomous construction technology across large infrastructure projects.
West Desert has reopened under Utah ownership after PV3 Enterprises invested more than $50 million in the former Utah Motorsports Campus, launching plans for a larger motorsports destination.
Searchable, the UK-founded AI visibility startup that opened a Salt Lake City office in August, has acquired New York's Meridian Tech in a seven-figure deal, adding Meridian's managed AEO service and client base.
Nucleus Fund invests in Provo's Terraphene, a hemp-based materials startup with a nine-figure pallet supply deal, fire- and strength-tested building materials, and a pitch to help refill the Great Salt Lake by replacing thirsty alfalfa acreage with hemp.
St. George startup Curant.ai secured a $3.1M seed round led by Diagram Ventures. Founded by AI veteran John Haller, the company provides an enterprise-grade AI intelligence layer streamlining complex insurance claims workflows safely and accurately.
Francisco Partners will acquire Utah-based Weave Communications in a $650 million all-cash buyout at $7.40 per share. The deal expands Francisco Partners' vertical healthcare SaaS portfolio while offering public shareholders a 34% premium.
DHS named Fortem Technologies (Lindon, UT) the only small business among seven prime contractors on a five-year, $1B+ counter-drone IDIQ. CEO Jon Gruen discusses the win, subcontractors Lockheed Martin and Microsoft, and plans to scale Utah manufacturing.
Domo's board unanimously approved a $400 million asset sale to Progress Software, ending months of financial distress. Domo will retain over $900 million in tax loss carryforwards and continue as a separate public company under a new name.
