Tag Archives: Phoenix

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Can Tiny Drug Doses (and One Woman’s Fortune) Fight the Most Vicious Cancer?

When the brain goes bad, modern medicine is often powerless to help. That’s the case for Alzheimer’s disease, where drug after drug has failed, and the only approved treatments are marginally helpful at best. The same seems increasingly clear for the most common and aggressive type of brain cancer, glioblastoma multiforme. Its origins are mysterious, […]

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TitletownTech, HealthX, Polco & More WI Venture Funding News

It’s time to catch up on recent fundraising and deal-making news from Wisconsin-based startups and investors. Read on for details. —Phoenix said it inked a $4 million contract with the US Army to demonstrate neutron-based imaging technologies that could be used to help inspect large, complex munitions, according to a press release. The Madison-area company […]

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Redox Wrangles $33M to Become Healthcare’s Go-To Data Integrator

[Updated 5/3/19, 12:55 pm CT. See below.] As hospitals and clinics have shifted from paper-based records to digital systems, one of the biggest challenges has been sharing patient data between healthcare providers, and between providers and outside software applications. This “interoperability” problem has created a market for companies such as Redox, a Madison, WI-based startup […]

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Chevron Tech, Medical Informatics, ActivTrak, Linear & More TX Tech

Let’s catch up with the latest innovation news in Texas. —Chevron Technology Ventures Thursday launched a $90 million fund for energy investments. The fund is CTV’s seventh and investments will be made in high-growth startups with technologies that have the potential to improve Chevron’s core oil and gas business performance, says CTV President Barbara Burger. […]

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With New Cash and Facilities, Phoenix Transitions Out Of Startup Mode

It’s often not obvious precisely when an early-stage business reaches the point where it outgrows the “startup” label. Case in point: Madison, WI-based Phoenix, which sells neutron generators and provides image-reading services to organizations in industries ranging from healthcare to renewable energy to aerospace and defense. “From a cultural standpoint, everybody’s starting to feel the […]

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Still Seeking Pharma Partner, Phoenix Bio Adds $1M in Angel Funding

San Antonio — Phoenix Biotechnology, which has been developing an experimental plant-based drug for cancer for more than a decade, has added about $1 million in new funding, according to a securities filing and the company’s top scientist. The San Antonio-based biotech is using the money to continue research and operations for developing its cancer drug, […]

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Harley, Gener8tor, Allergy Amulet & More: This Week’s WI Watchlist

Keep up with news from Wisconsin’s innovation community with these recent headlines: —Harley-Davidson, the iconic Milwaukee-based motorcycle manufacturer, said Wednesday that it plans to open a new research and development center in Silicon Valley. Harley (NYSE: HOG) said the facility will house about two dozen of its workers—most of whom the company intends to hire […]

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Phoenix Plans to Build New HQ After Inking $15M in New Contracts

Phoenix, which develops and sells particle accelerator-based neutron generators and other machines, says it plans to begin constructing new manufacturing and office buildings in Fitchburg, WI, a few miles south of the startup’s current Madison, WI, headquarters. The announcement does not come as a surprise. Phoenix president Evan Sengbusch said last fall that his company […]

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The Biggest Wisconsin Venture Round of the Decade… Didn’t Happen

Details surrounding a $127.4 million funding round, which groups that track venture capital investments have said Janesville, WI-based Shine Medical Technologies raised in 2014, were misconstrued in the years after the round was announced, according to people familiar with the deal. The Wisconsin Technology Council said as recently as last year that Shine’s 2014 funding […]

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Instant Gratification: Whole Foods, Target Offer Same-Day Delivery

[Updated 2/8/18, 1:39 pm.] The race is on to sign up consumers seeking same-day delivery of groceries, household items, and personal goods. Late on Wednesday, Amazon (NASDAQ: AMZN) announced it has started free two-hour delivery of products from Whole Foods Market, the most significant example of the e-commerce giant using technology at the Austin, TX-based […]

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