Adyen’s New Tech Hub, Nova Libra Got Acquired, and More Chicago Tech News

Here’s what happened last week in Chicago tech.
Written by Miranda Perez
February 14, 2022Updated: February 14, 2022
Photo: Shutterstock
Photo: Shutterstock

Chicago’s tech scene was buzzing last week. Get your fix on the city’s movers and shakers with these big headlines. This is the Built In Chicago weekly refresh.

GrubMarket acquired Nova Libra. Chicago-based Nova Libra, an IT software company that builds e-commerce applications and vendor portals for business, was acquired by GrubMarket, an e-commerce grocery platform. The acquisition will help advance GrubMarket’s supply chain software to deal with the pandemic’s straining impact on acquiring goods throughout the country. [Built In Chicago]

FarEye established its North America HQ. India-based FarEye, a last-mile logistics company, is opening a new office in Chicago on Wacker Drive. The downtown office will serve as FarEye’s North American headquarters. Co-founders Kushal Nahata and Gaurav Srivastava will also be relocating to Chicago with plans to scale the company’s delivery optimization services. [Chicago Inno] 

CHICAGO TECH QUOTE OF THE WEEK

“Myself and our CRO, Kurt Kauper, are Naperville natives. I often joke that this area is ‘Silicon Prairie.’ It really is a great location to source talent. It’s also easily accessible as a hub for all of our teams in the states, as well as our international team members.” — ARES Prism CEO Ryan Kubacki

ARES PRISM relocated. The SaaS company that creates project control tools to help users schedule their work, handle contracts, estimate costs and more, announced it’s relocating its HQ. Formerly based in Burlingame, California, the company will move to Chicago, not too far from CEO Ryan Kubacki’s hometown of Naperville. ARES PRISM plans to hire 20 new people across various departments. [Built In Chicago]

Adyen announced a local tech hub. Fintech startup Adyen announced it will build technology hubs in Chicago and Madrid. The startup’s decision to build a Chicago hub was strategic and done so with future hiring plans in mind. Adyen aims of hiring local software engineers, data scientists, infrastructure engineers and more. [Built In Chicago]

LandscapeHub raised $9MChicago-based LansdscapeHub, a wholesale tech marketplace for sourcing plants and landscaping materials, raised $9 million in a Series A round. The round was co-led by a Klaff Realty affiliate and Hyde Park Venture Partners. The funding will go toward expanding the startup’s U.S. reach and improving its platform. [Buisness Wire] 

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