It was a busy week for Chicago tech startups, with many companies closing deals while others opened new offices. Catch up on Sievo’s $44 million raise or read up on Next Gen Food’s move to Chicago with the Built In Chicago Weekly Refresh.
Sievo raised $44M. Sievo helps companies prepare for supply chain disruptions by providing them with as much high-quality data as possible. The company, which is based in Finland and Chicago, raised $44 million in venture funding last week. With the new capital, the company is looking to grow its presence in Chicago. [Built In Chicago]
Murmur was featured in Built In’s Future 5 series. Murmur is a mobile advertising platform that uses car displays and high-tech backpacks to display ads to pedestrians walking on the street. The company was founded by Emin Aliyev in 2020 and uses sensors on its displays to gather demographic data on the people who view their ads. The company is nearing its first seed round and is planning to launch in 10 new cities within the year. [Built In Chicago]
Chicago Tech Quote of the Week
Next Gen Foods opened its Chicago HQ. Next Gen Foods is the parent company of TiNDLE, a company that makes plant-based chicken foods. The company is based in Singapore but decided to open a U.S. headquarters after its products picked up steam in Windy City restaurants. Along with the new HQ, Next Gen Foods is also launching an R&D program that will be a part of The Hatchery incubator. [Built In Chicago]
Halo raised $2.6M in seed funding. Halo’s platform brings together companies and scientists to collaborate on new innovations. According to Halo, companies often struggle to find scientists to aid in their research because they are often in different networks. Halo’s solution creates a platform where companies can find the research expertise they need. [PR Newswire]
Analytics8 acquired Mashey. Based in Chicago, Analytics8 is a data consulting firm that designs and deploys metadata solutions. Last week it finalized the acquisition of Mashy, a Denver-based data consulting firm. [PR Newswire]
