Chicago’s most valuable startup landed a massive new funding round and minority students got new laptops for school. Read on to find out what else happened last week in Chicago tech. This is the Built In Chicago weekly refresh.
Tempus raised $200M. After a G-2 investment led by Google, the healthtech company will expand operations to help doctors find more ways to treat infectious diseases, depression and heart diseases. Tempus has approximately 150 open positions for roles across the company including software engineering and marketing. To date, Tempus has attained a valuation of more than $8 billion. [Built In Chicago]
Google donated computers to CPS students. In an effort to have no student left behind in computer science education, Google gave 1,000 laptops to remote students in the nation’s third-largest school district. Alongside its gift, the tech giant is expanding its Code Next program that aims to teach minority students computer science basics. [Built In Chicago]
Nature’s Fynd raised $45M. Having bioengineered an eco-friendly protein that takes few resources to produce, this startup uses its protein called Fy to make alternative protein that resembles its meat and dairy counterparts. The funding round was enabled by Oxford Finance and Trinity Capital and will help the company build and equip its new production plant and commercialize its product. [Built In Chicago]
Chicago Tech Quote of the Week
Blueprint pulled in $3.4M. This startup helps mental-health clinicians collect, submit and track the treatment progress of their patients through an automated process. This care standard has proven to help patients achieve better outcomes. The seed funding round was led by Bonfire and Lightbank Ventures and will enable the company to grow its team with engineers, product managers, marketers and more. [Built In Chicago]
Chicago-area investors get what they pay for. Tech startups in the states of Illinois, Wisconsin and Indiana were reported to return investors sums that average 4.88 times higher than their initial contribution. Brad Henderson, the CEO of P33, one of the organizations that released the new report, stated the high return-on-investment rate reflects the quality of companies in the Chicago area. [Built In Chicago]
Cameo partnered with St. Jude for the holidays. The company’s platform allows users to purchase virtual greetings from celebrities and popular influencers. As part of a 12-day campaign, Cameo is working with St. Jude’s Children’s Research Hospital to raise money and awareness for childhood cancers. On the Cameo site, users can help artists contribute to the cause by looking for the campaign flag on participants’ pages. [Built In Chicago]