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Monomyth Materials acquires Nanograf in push to build domestic battery supply chain
Monomyth Materials has acquired Nanograf as part of its strategy to enhance the domestic battery supply chain. The acquisition follows Monomyth's expansion into Michigan in 2024, backed by a significant investment of $175 million. Specific terms of the deal have not been disclosed.
S2G Investments closes $1B fund to back food and energy companies
S2G Investments has successfully closed a $1 billion fund aimed at supporting food and energy companies. The firm is focusing on addressing the financing gap for businesses generating at least $10 million in revenue, with ten investments already completed.
The Beat: How SBIR grants 'de-risk' R&D for startups
The Beat: How SBIR grants 'de-risk' R&D for startups. This story was reported by Biz Journals - Tech.
InstaSwitch targets Chicago for engineering hub after securing millions in new capital
The New York startup plans to double its local engineering team following a funding round led by Chicago Ventures.
Belgian cybersecurity unicorn Aikido Security selects Chicago for US headquarters
The company expects to grow from 20 local employees to more than 100 by next year. Cost and talent availability drove the decision.
The Beat: What the data says about Chicago startup funding
The latest edition of The Beat newsletter highlights recent trends in Chicago startup funding, revealing insights from PitchBook data. Notably, Zenblen has emerged as the winner of Inno Madness, while Pilot Project Brewing Co. has secured approximately $5 million in new funding.
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