Startup Bill, Water Council, CDI, & More: This Week’s WI Watchlist
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since 2012 publicly discussed its plans to build a manufacturing facility in Janesville, where it intends to produce a medical isotope that’s used in about 20 million procedures in the U.S. annually. Shine said it expects to break ground on the plant next year so that it can go into full commercial production by 2019.
—Catalyze, a startup based in Madison that’s developing software to help healthcare organizations send and receive data securely, raised $6.5 million from investors. The round was led by St. Louis-based Lewis & Clark Ventures, and three funds that had invested in Catalyze previously also participated. The company, which currently has 31 employees and two interns, has now raised more than $12.5 million since launching in 2013.
—More funding news: Madison-based Bad Donkey Social (BDS) Mobile raised $610,000 from a single investor, according to a document filed with federal securities regulators. According to BDS Mobile’s website, its “SmartEmoji” technology allows users to embed branded content within text messages. In February, the startup announced that Jason Weaver—founder of Shoutlet, which sells cloud-based software that helps companies measure the impact of online marketing campaigns—had joined BDS Mobile as chief operating officer.