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Minnesota ranked 8th among the top 10 states for sustainability

July 2025 – Site Selection
“… our rankings reveal the territories cultivating the most fertile environment for a sustainability-oriented economy, based on a unique index incorporating ... factors"

Minnesota ranked 10th in the top states for business in 2025

July 11, 2025 – CNBC
CNBC scored all 50 states on 135 metrics in 10 broad categories of competitiveness.

Oppidan breaks ground on new data center in Minnesota

June 16, 2025 – Institutional Real Estate, Inc.
Oppidan Investment Co., a national property development firm headquartered in Excelsior, Minn., has broken ground on a 61,000 square-foot data center on Argenta Trail in Eagan, Minn, one of only two ground-up data center projects underway in Minnesota."

Medtech startup Fastwave secures $50M, eyes commercial launch of rupture-resistant IVL system

May 22, 2025 – Minne Inno
"… Based in Brooklyn Park, Fastwave is a clinical stage startup that is developing intravascular lithotripsy (IVL) systems to treat calcific arteries in both peripheral and coronary diseases …"

State DMC Corp. board approves $8 million for development of shared lab space

May 22, 2025 – Post Bulletin
"A shared lab to attract new and emerging medical research companies is being planned with up to $8 million in Destination Medical Center investment …"

Alpheus Medical raises $52M for innovative brain cancer treatment

May 15, 2025 – Minne Inno
"… Chanhassen-based Alpheus Medical Inc. announced the oversubscribed Series B financing round …"

Rochester startup wants to use technology to bring hope to dementia patients

May 3, 2025 – Post Bulletin
"Mayo Clinic geriatrician Dr. Christina Chen, the founder of the award-winning Hope Technologies startup company based in Rochester, is working on a way to improve the day-to-day lives of patients dealing with dementia …"

Neighborhood Development Center unveils $26M hub

May 2, 2025 – Minneapolis/St. Paul Business Journal
"… The new 30,000-square-foot building aims to support entrepreneurs of color who seek to scale their existing businesses in sectors like technology, health, wellness and beauty."

Francis Medical lands $80M in quest to conquer prostate cancer

January 10, 2025 – Twin Cities Business
"The Maple Grove-based company plans to use the money to fund a clinical trial and to hire more employees … The money will enable Francis Medical to expand its current staff of 40 employees to 71, largely for roles in research and development, sales, and marketing …"

Minnesota med-tech coalition partners with Dutch investor that aims to establish base in MN

February 20, 2025 – Minneapolis/St. Paul Business Journal
"Minnesota MedTech 3.0 (MMT3.0) and Dutch investor NLC Health Ventures have partnered to connect medical-technology startups and funding companies in America and the Netherlands …"

Wearable gut health monitor startup raises $18 million

November 5, 2024 – Minne Inno
"… Alimetry, a New Zealand company whose U.S. headquarters is in Minneapolis, raised a round of $18 million led by Global from Day One, an investment firm also based in Auckland, New Zealand ..."

HistoSonics gets $90M to battle liver tumors - Ultrasound technique earns VA contract

October 28, 2024 – Minnesota Inno
"… the company set in motion plans to more than double the size of its headquarters. HistoSonics is now ramping up its efforts to commercialize its devices and expand …"

Native of St. Paul’s Rondo neighborhood used NASA tech to revive shuttered company

October 25, 2024 – The Minnesota Star Tribune
"… Simpli-Fi Automation . . . licensed federal innovations intended for space exploration and deployed them in the health care realm ..."

Baxter kidney care unit building R&D center for excellence in Golden Valley, creating 70 jobs

October 24, 2024 – Star Tribune
"The renal care unit, Vantive, is in the process of being sold to Carlyle and becoming a standalone company."

ShiraTronics raises $66M for clinical trials to treat chronic migraines

October 14, 2024 – Minne Inno
"… The Brooklyn Park-based startup, which is using neurostimulation therapies to treat chronic migraine patients, said it will use the funding to support its clinical trials, gain premarket approval from the U.S. Food and Drug Administration, and for the initial commercial launch of its device …"

Niron Magnetics to build a manufacturing facility in Sartell

October 11, 2024 – St. Cloud Times
"The Sartell City Council entered into a 79-acre purchase agreement with Minneapolis-based Niron Magnetics to build a 150,000-square-foot manufacturing facility for the company's rare earth-free magnets. This move will likely bring more jobs and more revenue to Sartell."

Big data center project nears construction in Chaska

October 8, 2024 – Finance & Commerce
"… the CloudHQ project could bring 75 to 100 new permanent jobs to the city, along with 1,000 construction jobs."

Duluth among 20 cities least prone to natural disasters

October 8, 2024 – GoBanking Rates
"Duluth is among the top 20 U.S. cities that are the least prone to natural disasters, including wildfires, hurricanes, tornadoes, flooding, extreme winter storms and high temperatures, droughts, earthquakes, and hailstorms."

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