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News releases from Chicago Business Journal

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This Chicago startup wants to bring e-scooters to your apartment and office building
A local startup is bringing its scooter service to the city by targeting the real estate industry. 
Tickers INNO
Tags Transportation Logistics & Transportation Startups
From Business Journals
Allbirds invests $2M in plant-based leather startup
Shoe brand Allbirds is investing in an Illinois materials startup to bring plant-based leather to its footwear line. 
Tickers INNO
Tags Joey Zwillinger Nfw, LLC Ralph Lauren Corporation
From Business Journals
With a new $5M fund, P33 aims to support Chicago’s Black and Latinx founders
Tech Rise is a diversity initiative that focuses on expanding access to capital and fostering more community for entrepreneurs of color in Chicago. 
Tickers INNO
Tags Inno Venture capital Technology
From Business Journals
Centro acquires California adtech company as it grows to 700 employees
Founded in 2001 by CEO Shawn Riegsecker, Centro has raised more than $50 million to date, and over the last few years has been pegged as a Chicago company poised for a potential IPO or acquisition. 
Tickers INNO
Tags Mergers and Acquisitions Technology Inno
From Business Journals
Ford introduces Chicago-built Explorer SUV model
The Chicago-built Ford Explorer gets a new luxurious model: The King Ranch edition. 
Tags Ford Motor Co/ Manufacturing Automotive
From Business Journals
Lightbank raises $180M for second fund as Keywell departs
Coming on the heels of several successful startup exits in recent years, Chicago VC firm Lightbank just raised a new fund to back more Midwest upstarts. 
Tickers INNO
Tags Venture capital Technology Inno
From Business Journals
After pivoting to a virtual model amid Covid-19, this Chicago fitness startup has continued to grow
GiGi Tonye Arts & Fitness offers in-person workout, Zumba and yoga classes to its members. 
Tickers INNO
Tags Startups Retailing & Restaurants Inno
From Business Journals
Foxtrot raises $42M to launch more neighborhood convenience stores
Chicago startup Foxtrot raised more capital Monday to bring its corner stores of the future to more neighborhoods. 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Walgreens said it's administered more than 3 million Covid-19 vaccinations
The pharmacy said that beginning Feb. 25, it will receive a weekly allocation of more than 480,000 Covid-19 vaccine doses. 
Tags Pharmaceuticals John Standley Insurance
From Business Journals
Founder of 'Shark Tank' startup Guard Llama faces additional drug charges
Joseph Parisi turned himself into authorities after a warrant for his arrest was issued. 
Tickers INNO
Tags Startups Inno Technology
From Business Journals
This startup wants you to get away to a tiny cabin 2 hours from Chicago. Take a look inside.
If the pandemic and brutal winter season has you itching for a socially-distanced getaway this spring, a startup wants to hook you up with a cabin in the woods just two hours away from Chicago. 
Tickers INNO
Tags Travel Startups Travel & Tourism
From Business Journals
Software firm Copado raises $96M led by Insight Partners and Salesforce Ventures
Copado, a Chicago and Madrid-based software company, raised nearly $100 million in new funding. 
Tickers INNO
Tags Inno Technology Venture capital
From Business Journals
1871 acquiring accelerator program Catapult
1871 is acquiring Catapult’s intellectual property and programs, and plans to integrate them into its own offerings. 
Tickers INNO
Tags Technology Inno Startups
From Business Journals
Watch: Golfers get food via drone delivery thanks to a Chicago startup
A Chicago startup is helping golfers wet their whistle with on-demand drone deliveries during a round of golf. 
Tickers INNO
Tags Startups Alex Falesch Ryan Walsh
From Business Journals
Bill Gates-backed Nature’s Fynd reveals first 2 products: Dairy-free cream cheese, meatless breakfast patties
The limited release bundle is available for pre-order for $14.99. 
Tickers INNO
Tags Inno Food & Lifestyle Retailing & Restaurants
From Business Journals
Fast-growing 'circular economy' startup Rheaply raises $8M
The startup announced Tuesday that it raised $8 million in a Series A round led by High Alpha. 
Tickers INNO
Tags Technology Venture capital Inno
From Business Journals
Chicago real-time streaming company Phenix rises to ‘ludicrous’ task
A tech startup is turning skeptics into believers with its ability to deliver sub-half-second latency 
Tags Technology Phenix Roy Reichbach
From Business Journals
Chicago startup Ivee is bringing Netflix, massages to ride-shares in Miami
“What Ivee will do is make a ride as relaxing as a spa, as productive as your office and as entertaining as a home theater." 
Tickers INNO
Tags Automotive Technology Inno
From Business Journals
This startup uses documentaries to help companies build a more inclusive culture
Storybolt connects companies with documentary films, along with Q&As with the filmmaker, to improve company culture. 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Watch 9 startups pitch at Techstars Chicago’s virtual demo day
Companies earned acceptance into this latest cohort by providing a convincing vision of how the world will become a better place when their business succeeds. 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Zillow is buying a Chicago software company for $500M
Zillow is acquiring ShowingTime, a Chicago tech company that pioneered online scheduling for the residential real estate industry, for half a billion dollars. 
Tickers INNO
Tags Mergers and Acquisitions Technology Inno
From Business Journals
Mercy Hospital files for bankruptcy
Doctors have left Mercy and its operating losses have accelerated to $7 million per month, hospital officials said in a bankruptcy filing. 
Tags Insurance Health Care
From Business Journals
New Amazon Fresh grocery store opens in Oak Lawn
Amazon officially opened the doors to its third grocery store in Chicagoland Thursday. 
Tickers INNO
Tags Inno Technology Retail Chains
From Business Journals
New VC fund from former Farmer’s Fridge exec aims to invest in early-stage food startups
The new firm aims to fund a range of pre-seed and seed-stage companies throughout the U.S. operating in the food space. 
Tickers INNO
Tags Retailing & Restaurants Venture capital Inno
From Business Journals
United Airlines buys $1B in electric aircraft from Silicon Valley startup Archer
United Airlines is buying $1 billion worth of aircraft from a Silicon Valley startup that's developing small electric aerial vehicles. 
Tickers INNO
Tags Aviation Inno Technology
From Business Journals
This Chicago startup’s speaker tech will be used in a new Airstream RV
Resonado Labs, a maker of proprietary flat core speaker technology, is producing the speakers that will be used in Airstream’s 2022 Touring Coach model line. 
Tickers INNO
Tags Inno Automotive Technology
From Business Journals
After Robinhood, Reddit drama, M1 Finance sees users skyrocket
As tensions between Reddit and Robinhood users escalated in recent weeks amid the massive price swings of GameStop, AMC and other so-called "meme stocks," Chicago startup M1 Finance quietly saw a... 
Tickers INNO
Tags Inno Technology Startups
From Business Journals
Uber to give free rides to Walgreens' Covid-19 vaccination sites
The pilot transportation program will begin in cities including Chicago, Atlanta, Houston, and El Paso. 
Tags Insurance John Standley Dara Khosrowshahi
From Business Journals
Jiobit unveils new wearable tracker as it expands its customer base
Jiobit is launching the second generation of its tracking device—the Jiobit Next. 
Tickers INNO
Tags Inno Personal Technology Technology
From Business Journals
Chicago online tutoring company Wyzant to be acquired by IXL
As learners increasingly flock to its online tutoring platform amid Covid, Chicago-based Wyzant is being bought by online education company IXL Learning. 
Tickers INNO
Tags Inno Mike Weishuhn Wyzant, Inc/
From Business Journals
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