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News releases from Chicago Business Journal

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In their own words: Francis Wang on how NanoGraf is preparing for 2021
The “In Their Own Words” series is a collection of short columns from some of Chicago’s most influential tech leaders. 
Tickers INNO
Tags Technology Startups Inno
From Business Journals
Startup making egg white snack chips to appear on 'Shark Tank'
Quevos, founded by Nick Hamburger and Zack Schreier, makes snack chips made from egg whites. 
Tickers INNO
Tags Food & Lifestyle Retailing & Restaurants Startups
From Business Journals
Chicago's tastytrade to be acquired in $1B deal
In the latest major Chicago tech acquisition, fintech startup tastytrade will be acquired by online trading platform IG Group in a $1 billion deal. 
Tickers INNO
Tags Startups Technology Mergers and Acquisitions
From Business Journals
This startup lets you send flowers and gifts to loved ones long after you're gone
CircleIt acts as a digital time capsule and a way to stay in touch with family in the future. 
Tickers INNO
Tags Technology Startups Inno
From Business Journals
Chicago tech company ComplyALIGN sold to HealthStream
The deal adds to HealthStream’s recent shopping spree, which began in 2019 with the purchase of Portland-based health-tech firm NurseGrid for $25 million. 
Tags Technology Insurance Health Care
From Business Journals
Cresco Labs taps former PepsiCo exec Ty Gent as COO
Gent replaces David Ellis, who is now regional president of operations for emerging markets in Massachusetts, New York, Pennsylvania, Ohio and Maryland. 
Tags David Ellis Ty Gent Retailing
From Business Journals
UChicago’s Polsky Center launches deep tech accelerator
The University of Chicago has launched a new accelerator program for deep tech researchers focused on things like biotech innovations and therapeutic technologies. 
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Tags Startups Biotech Education
From Business Journals
Rivian raises $2.65B as it prepares to bring its Illinois-made electric trucks to market
Electric truck startup Rivian just hauled in another major funding round as it gears up to launch its all-electric pickup truck this year. 
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Tags Automotive Technology Startups
From Business Journals
Chicago 'Shark Tank' startup Guard Llama goes dark on customers as its founder is charged with drug trafficking
Guard Llama, a Chicago safety startup that appeared on "Shark Tank" in 2017, faces complaints from customers as its founder fights drug trafficking charges. 
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Tags Joseph Parisi Kevin O’Leary Inno
From Business Journals
New startup is bringing prepared meals in smart fridges to apartment buildings in Chicago
New Chicago startup Alvo is selling meals, snacks and beverages out of smart refrigerators in residential buildings. 
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Tags Food & Beverage Manufacturing Inno Food & Lifestyle
From Business Journals
Chicago health benefits startup ThreeFlow raises $8M
ThreeFlow, a Chicago startup that’s simplifying how employers choose health insurance plans for their workers, raises $8 million. 
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Tags Health Insurance Venture capital Insurance
From Business Journals
Chicago software developer ThoughtWorks raises $720M at $4.6B valuation
ThoughtWorks raised $720 million from investors GIC, Siemens AG, Fidelity Management and Research and Mubadala Investment Company. 
Tickers INNO
Tags Software Inno Technology
From Business Journals
Tempus launches Alexa-like device for doctors
Chicago startup Tempus has developed a new voice-enabled device that allows physicians to access the company's database and health insights on the go, and spend less time on their computers. 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Chicago startups make progress in employing diverse workers, data shows
Data shows that more Black, Latino and female people are working at Chicago startups. 
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Tags Inno Rodrigo Garcia Lindsay Knight
From Business Journals
Colorado-based Keen-Summit opens Chicago office, taps David Levy to lead it
Keen-Summit Capital Partners and its parent company, Denver, Colorado-based Summit Investment Management, are opening a Chicago office and have hired David Levy to lead it. 
Tags CRE Brokerages Commercial Real Estate
From Business Journals
Chicago home health care startup Dina raises $7M
Dina, formerly known as PreparedHealth, raised $7 million in a round led by Philadelphia-based Osage Venture Partners. 
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Tags Venture capital Insurance Startups
From Business Journals
Eight rude truths of interfacing with customers in the digital age
Small-business survival in the post-analog, post-pandemic marketplace requires you to deliver the experience of your special sauce to customers on a digital interface – all of them. Because if you... 
Tags Career & Workplace Human Resources
From Business Journals
Chicago-area tech CEO arrested in U.S. Capitol riot
The CEO of a suburban tech company was among dozens who were arrested this week after pro-Trump protestors stormed the U.S. Capitol building Wednesday. 
Tickers INNO
Tags Inno Technology
From Business Journals
Park Forest man charged for alleged Covid relief fraud
The 56-year-old claimed his company had employees and a payroll, even though it allegedly didn't have any employees or a payroll. 
Tags Carlos Smith John Lausch Government & Regulations
From Business Journals
Arrive, FlashParking merger a 'growth story' as companies combine forces to reinvent parking
"This is a growth story not only for the company, but for the people within it," Shtern said, adding that Arrive plans to grow its presence in Chicago. 
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Tags Technology Startups Inno
From Business Journals
Walgreens invests additional $750M in VillageMD as the companies accelerate opening hundreds of primary clinics
Walgreens Boots Alliance and VillageMD are accelerating plans to open hundreds of primary clinics throughout the U.S. 
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Tags Insurance Venture capital Startups
From Business Journals
Walgreens sees first-quarter sales rise, but Covid causes earnings to dip
Walgreens reported first-quarter sales rose to $36.3 billion from $34.3 billion a year earlier but adjusted earnings per share fell more than 11% to $1.22. 
Tags Walgreens Boots Alliance, Inc/ Health Care Insurance
From Business Journals
Allied study finds Americans kept moving in 2020 despite pandemic
Top destination states for corporate moves were Texas, California, Illinois, Florida and North Carolina, while the top city was Houston. 
Tags Human Resources Lesli Bertoli Transportation
From Business Journals
Legal-software company Relativity acquires New Jersey data startup
Chicago legal-software maker Relativity has acquired New Jersey-based VerQu as it works to give clients more functionality for monitoring employee communications for regulatory compliance. 
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Tags Startups Technology Legal Services
From Business Journals
U.S. automakers see double-digit dips in yearly sales in 2020
Showing the biggest dip in 2020 sales was Fiat Chrysler, which reported a 17% drop in calendar-year sales 
Tags Fiat Chrysler Automobiles N/V/ Ford Motor Company General Motors Company
From Business Journals
Parking startup Arrive to merge with Austin's FlashParking
Chicago-based parking startup Arrive has merged with Austin's FlashParking as the parking industry looks to rebound from a tumultuous 2020. 
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Tags Startups Technology Mergers and Acquisitions
From Business Journals
Food startup Lil Bucks is making granola alternatives from ‘superfood’ buckwheat
Chicago food startup Lil Bucks sells granola alternatives made from the "superfood" buckwheat. 
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Tags Food & Lifestyle Retailing & Restaurants Startups
From Business Journals
Cameo hires CTO from Quibi, adds other c-suite roles as it preps for 2021 growth
On the heels of a record 2020, Chicago startup Cameo is adding to its executive team as it looks to keep its foot on the gas in 2021. 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Mondelez nears deal to acquire paleo-bar maker Hu
The deal values Hu at $250 million. 
Tags Jordan Brown Hu Kitchen Food & Beverage Manufacturing
From Business Journals
After selling his last business to Vita Coco, this entrepreneur is going all-in on canned wine
A new startup from a serial beverage entrepreneur is looking to create a splash in the growing wine-in-a-can market. 
Tickers INNO
Tags Startups Food & Lifestyle Retailing & Restaurants
From Business Journals
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