Chicago tech roundup: Luxury Garage Sale raises $1.5M, MATTER opens, more growth for 1871 and more

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Published on Feb. 19, 2015

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MATTER is now open

The much anticipated MATTER opened its doors this week to over 150 people. The new incubator aims to bring together the innovators working on the healthcare sector. Before MATTER, this type of work (the type that saves lives, makes healthcare communication easier and finds new solutions to age-old problems) was done at leading research institutes, hospitals, established companies and startups, but the groups didn’t have a centralized place to communicate. While other technology hubs exists, none specifically focused on healthcare. ["The Heart of America for Healthcare Innovation:" MATTER Officially Opens: Chicago Inno]
 
 

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Brian Spaly, Paul Lee among investors to bet $1.5M on Luxury Garage Sale

Chicago-based fashion startup Luxury Garage Sale has raised a $1.5 million seed funding round led by Chicago Ventures and prominent angels including Brian Spaly & Elle Bruno of Trunk Club, Paul Lee, and Lon Chow of Apex Venture Partners. [Built In Chicago]

 

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MU/DAI acquires Deft Strategy, will open office in Austin

Digital design firm MU/DAI announced they have acquired Austin-based Deft Strategy and will be opening an office in downtown Austin. The Chicago-based company sees a unique opportunity in Austin to create a southwest hub to continue to grow their young company. [Built In Chicago]

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1871 could make third expansion

Howard Tullman made a presentation this week to the Metropolitan Planning Council, detailing plans for searching for an expansion of 25,000 to 50,000 square feet. This would be the third expansion for 1871, as it doubled its original space this fall. The new space would hold more classrooms, a maker lab and several incubators and accelerators. [1871 could double in size: Crain's]
 
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Gogo expanding at 111 N. Canal

Gogo plans to add another 150 employees to its office at 111 N. Canal, leasing an additional 27,000 square feet. The inflight wireless provider moved its corporate offices from Itasca in 2013 and currently employs over 500 people. [Gogo to add 150 jobs in West Loop: Crains] 

 

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