Weekly Refresh: Buildout’s New Partner, NanoGraf Lands DoD Grant, and More

Read our weekly refresh for trending Chicago tech news.

Written by Anna Holmquist
Published on Jul. 27, 2020
Weekly Refresh: Buildout’s New Partner, NanoGraf Lands DoD Grant, and More
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Chicago at center of national push for “quantum internet.” The Department of Energy announced that Fermilab, Argonne and the University of Chicago will play key roles in developing nationwide quantum internet. [Built In Chicago]

NanoGraf received $1.65M from U.S. Department of Defense. The company develops advanced battery materials. The funds will be put toward creating a longer-lasting lithium-ion battery to provide the U.S. military with better portable power. [Press Release]

AeroPay launched suite of payment solutions for cannabis companies. It offers a compliant, cash-free payment system for retailers. The pandemic makes a contact-free solution more important than ever. [Built In Chicago]

Chowbus raised $33M. The Asian food delivery startup offers individual meals rather than full menus. Altos Ventures and Left Lane Capital led the Series A. [Built In Chicago]

Buildout announced partnership with The Riverside Company. The commercial real estate brokerage software company found a new investing partner in The Riverside Company. Previously, it secured an $8 million Series A. [PRNewswire]

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