Lefkofsky’s Tempus partners with Mayo Clinic
Biotech startup Tempus, which uses big data in an effort to cure cancer, is teaming up with the Mayo Clinic’s Center for Individualized Medicine to help out in studies on immunotherapy. The company will molecularly sequence and analyze samples from 1,000 patients suffering from lung cancer, melanoma, bladder cancer, breast cancer and lymphoma. [Chicago Tribune]
HERE gets investments from Intel, Chinese investors
Mapping and locations service HERE is getting a big investment — in return for a quarter of its company. In two separate deals, the Chicago-born company is offering Intel a 15 percent stake, while Chinese firms Tencent and NavInfo are jointly obtaining a 10 percent stake. In the deal with Intel, HERE will help develop a real-time mapping platform for autonomous vehicles. The deal with Tencent and NavInfo will result in greater expansion within China. [Press release, press release]
Vibes acquires mobile marketer Red Fish Media
After raising $45 million this past summer, Vibes has acquired Red Fish Media. The Maimi-based startup will boost Vibes’ presence in the mobile marketing and digital solutions industries, especially in the growing healthcare fields thanks to Red Fish’s proprietary Text ER service. Red Fish founder Matt McKenna will also join Vibes as vice president of sales. [Press release]
Mediafly lands a fresh $10M
In one of the first fundings of the year, sales software creator Mediafly announced a $10 million funding from Pennsylvania-based Boathouse Capital. The funding will fuel a hiring spree of as many as 30 new people, including growth on the product, sales and marketing teams. [Built In Chicago]
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StratEx raises seven-figure sum
While keeping the details under wraps, HR software firm StratEx announced a seven-figure private equity investment from Halyard Capital. The new money comes after the software maker doubled its headcount in the last year. CEO Adam Ochstein said the company is profitable and the funding makes up a minority investment. [Crain’s Chicago Business]
Tastytrade launches new brokerage
Do-it-yourself trading resource tastytrade launched brokerage firm tastyworks to help traders put lessons to use. The new firm is geared toward the “trade small, trade often” philosophy and offers traders the tools they need to do that smartly. They can even follow the company’s traders to get insight into how that philosophy is being implemented. [Built In Chicago]
10 Chicagoans make Forbes’ 30 Under 30 list
Chicago was well represented across Forbes’ 30 Under 30 list this year, with two sports stars, a couple food mavericks and a musician all making the cut. In tech, mRelief co-founder Genevieve Nielsen (right, above) was named to the social entrepreneurs list, while Chicago Ventures VC Jason Duboe was part of the venture capital section. [Forbes]
CB Insights expects a number of Chicago companies to IPO in 2017
ContextMedia, SMS Assist and kCura are among the tech companies in the 2017 IPO pipeline, according to research firm CB Insights. The expectation comes as private funding slows, leading the 369 companies listed to turn to the public market for fresh investments. Other big names expected to go public include Snapchat, Vice Media and Redfin. [CB Insights]
Images via listed companies, Shutterstock
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