Announcement

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.)

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.)

Money   -   Oct 13, 2026 MTN Lands $2.34 Million NIH Grant to Help AI Navigate Fragmented Data
MTN Lands $2.34 Million NIH Grant to Help AI Navigate Fragmented Data

Salt Lake City-based MTN has secured a $2.34 million NIH Fast Track grant to advance technology that maps relationships across fragmented data systems. The company sees applications in healthcare and other data-intensive industries

Money   -   Sep 25, 2026 SoftBank Invests $225 Million in ASI, Forms Autonomous Construction Joint Venture
SoftBank Invests $225 Million in ASI, Forms Autonomous Construction Joint Venture

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.

Savory Fund Closes $201.5 Million Third Fund, Surpassing Target
Money   -   Oct 13, 2026 Savory Fund Closes $201.5 Million Third Fund, Surpassing Target

Savory Fund (Draper, UT) has closed its third restaurant investment fund at $201.5 million, surpassing its target. The Utah firm has deployed 35 percent across four brands, including Zao Asian Grill and Bonrue Bakery.

by Mark Tullis
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Money   -   Oct 13, 2026 Savory Fund Closes $201.5 Million Third Fund, Surpassing Target
Savory Fund Closes $201.5 Million Third Fund, Surpassing Target

Savory Fund (Draper, UT) has closed its third restaurant investment fund at $201.5 million, surpassing its target. The Utah firm has deployed 35 percent across four brands, including Zao Asian Grill and Bonrue Bakery.

by Mark Tullis
Money   -   Oct 13, 2026 MTN Lands $2.34 Million NIH Grant to Help AI Navigate Fragmented Data
MTN Lands $2.34 Million NIH Grant to Help AI Navigate Fragmented Data

Salt Lake City-based MTN has secured a $2.34 million NIH Fast Track grant to advance technology that maps relationships across fragmented data systems. The company sees applications in healthcare and other data-intensive industries

by Mark Tullis
Money   -   Sep 25, 2026 SoftBank Invests $225 Million in ASI, Forms Autonomous Construction Joint Venture
SoftBank Invests $225 Million in ASI, Forms Autonomous Construction Joint Venture

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.

by Mark Tullis
Money   -   Sep 22, 2026 West Desert Reopens Under Utah Ownership After $50 Million+ Investment in Motorsports Campus
West Desert Reopens Under Utah Ownership After $50 Million+ Investment in Motorsports Campus

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.

by Pamalatera Fenn
Money   -   Sep 21, 2026 Searchable Acquires Meridian in Seven-Figure AEO Deal
Searchable Acquires Meridian in Seven-Figure AEO Deal

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.

by Mark Tullis
Money   -   Sep 03, 2026 From an Accidentally Ruined Lab to a $900 Million Pallet Deal: Inside Terraphene and Its Bet on Hemp
From an Accidentally Ruined Lab to a $900 Million Pallet Deal: Inside Terraphene and Its Bet on Hemp

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.

by Mark Tullis
Money   -   Aug 27, 2026 St. George-Based Curant.ai Secures $3.1 Million Seed Round to Transform Insurance Claims with AI
St. George-Based Curant.ai Secures $3.1 Million Seed Round to Transform Insurance Claims with AI

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.

by Mark Tullis
Money   -   Aug 18, 2026 Weave to Go Private in $650 Million Sale to Francisco Partners
Weave to Go Private in $650 Million Sale to Francisco Partners

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.

by Mark Tullis
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