Recently Funded Startups in Minnesota (Sep-2025)

Last Updated: 3-Sep-2025
Minnesota’s startup ecosystem is experiencing a dynamic and transformative era, marked by a surge in funding across various emerging industries. With a total of 234 startups tracked in the state, the entrepreneurial landscape has demonstrated resilience and innovation, particularly as the demand for novel solutions continues to grow. This vibrancy is reflected in the 25 startups that successfully secured funding this year, which collectively raised an impressive $1.04 billion so far.
Funding is crucial for startups as it facilitates scaling operations, accelerating product development, and entering new markets. The state’s startup scene is particularly active in sectors such as gaming, energy, and healthcare, showing a diverse investment interest. Notably, the largest deal this year involved SharpLink, which raised $413 million, underscoring the potential of Minnesota’s innovation hub.
Funding Highlights
- Total startups tracked: 234
- Startups that raised funding last year: 70
- Startups that raised funding this year: 25
- Total funding raised this year: $1,040,240,000
- Largest deal: SharpLink, Series Unknown, $413,000,000
- Top industries by funding amount: Gaming – $417,500,000; Energy – $252,000,000; Health Care – $217,310,000
- Top industries by number of deals: Health Care – 6 deals; Artificial Intelligence (AI) – 3 deals; Biotechnology – 3 deals
Full List of Recently Funded Startups in Minnesota
Company | Country | State | Round | Amount | Date | Industry |
---|---|---|---|---|---|---|
Vertical Malt | United States | Minnesota | Series Unknown | $2M | 2025-08-26 | Agriculture and Farming |
Visana Health | United States | Minnesota | Series Unknown | $23.7M | 2025-08-13 | Community and Lifestyle |
ALT5 Sigma Corp | United States | Minnesota | Series Unknown | $1500M | 2025-08-11 | Biotechnology |
HistoSonics | United States | Minnesota | Series Unknown | Undisclosed | 2025-08-07 | Health Care |
Docsi | United States | Minnesota | Series Unknown | Undisclosed | 2025-08-07 | Apps |
Brother Justus Whiskey | United States | Minnesota | Series Unknown | $9.7M | 2025-07-15 | Consumer Goods |
SharpLink | United States | Minnesota | Series Unknown | $413M | 2025-07-15 | Gaming |
OneMedNet | United States | Minnesota | Series Unknown | $3.7M | 2025-06-24 | Health Care |
Nice Healthcare | United States | Minnesota | Series Unknown | $6.6M | 2025-06-24 | Health Care |
Ostra Cybersecurity | United States | Minnesota | Series Unknown | $2.6M | 2025-06-20 | Information Technology |
Northern Oil and Gas | United States | Minnesota | Series Unknown | $200M | 2025-06-17 | Energy |
Talon Metals Corp | United States | Minnesota | Series Unknown | $41M | 2025-06-09 | Natural Resources |
Nuwellis | United States | Minnesota | Series Unknown | $4.3M | 2025-06-09 | Biotechnology |
FOXO Technologies | United States | Minnesota | Series Unknown | $1.5M | 2025-06-04 | Biotechnology |
SharpLink | United States | Minnesota | Series Unknown | $4.5M | 2025-05-20 | Gaming |
Skillquest | United States | Minnesota | Seed | $410K | 2025-05-16 | Education |
Ovul AI | United States | Minnesota | Series Unknown | $100K | 2025-05-15 | Artificial Intelligence (AI) |
Irrigreen | United States | Minnesota | Series A | $19M | 2025-04-22 | Artificial Intelligence (AI) |
MCG Energy Solutions | United States | Minnesota | Series Unknown | Undisclosed | 2025-04-22 | Energy |
Seer | United States | Minnesota | Series Unknown | Undisclosed | 2025-04-15 | Artificial Intelligence (AI) |
The Open Door | United States | Minnesota | Series Unknown | $20K | 2025-04-14 | Non-profit Organizations |
Creative Labs | United States | Minnesota | Series Unknown | Undisclosed | 2025-03-17 | Consumer Goods |
Laplace Interventional | United States | Minnesota | Series C | $22M | 2025-03-16 | Health Care |
Envoy Medical | United States | Minnesota | Series Unknown | $10M | 2025-03-12 | Health Care |
Luminary Therapeutics | United States | Minnesota | Series Unknown | $5.8M | 2025-03-11 | Biotechnology |
4C Medical Technologies | United States | Minnesota | Series D | $175M | 2025-03-05 | Health Care |
WeCare | United States | Minnesota | Series Unknown | $10K | 2025-02-19 | Health Care |
75F | United States | Minnesota | Series B | $45M | 2025-02-06 | Consumer Electronics |
Kradle | United States | Minnesota | Series A | $4M | 2025-01-24 | Community and Lifestyle |
Niron Magnetics | United States | Minnesota | Series Unknown | $52M | 2025-01-21 | Energy |
Flywheel.io | United States | Minnesota | Series Unknown | $20M | 2025-01-08 | Data and Analytics |
Connexus Energy | United States | Minnesota | Series Unknown | $170M | 2024-12-20 | Consumer Electronics |
BanQu | United States | Minnesota | Series Unknown | $7.2M | 2024-12-16 | Apps |
Player’s Health | United States | Minnesota | Series C | $60M | 2024-12-11 | Financial Services |
AR-TX REDI | United States | Minnesota | Series Unknown | $2M | 2024-12-11 | Non-profit Organizations |
Humanetics Corporation | United States | Minnesota | Series Unknown | $5M | 2024-12-10 | Biotechnology |
LHB | United States | Minnesota | Series Unknown | $549.7K | 2024-12-09 | Professional Services |
Saltbox | United States | Minnesota | Seed | $2M | 2024-12-04 | Commerce and Shopping |
FOXO Technologies | United States | Minnesota | Series Unknown | $220K | 2024-12-04 | Biotechnology |
Novel Energy Solutions | United States | Minnesota | Series Unknown | $130M | 2024-12-02 | Energy |
The Jenny Project | United States | Minnesota | Seed | $612.5K | 2024-11-26 | Information Technology |
GoRout | United States | Minnesota | Seed | $1.5M | 2024-11-26 | Software |
National Renewable Solutions | United States | Minnesota | Series Unknown | $145M | 2024-11-19 | Energy |
Cold | United States | Minnesota | Pre-Seed | $2.7M | 2024-10-31 | Software Development |
Luminary Therapeutics | United States | Minnesota | Series Unknown | $300K | 2024-10-29 | Biotechnology |
MDI | United States | Minnesota | Series Unknown | Undisclosed | 2024-10-24 | Administrative Services |
Gem Health | United States | Minnesota | Series Unknown | $7M | 2024-10-16 | Health Care |
Reema Health | United States | Minnesota | Series A | $7.5M | 2024-10-10 | Community and Lifestyle |
Marani | United States | Minnesota | Series Unknown | Undisclosed | 2024-10-09 | Artificial Intelligence (AI) |
Roy | United States | Minnesota | Seed | $2M | 2024-10-01 | Financial Services |
OneMedNet | United States | Minnesota | Series Unknown | $1.7M | 2024-09-26 | Health Care |
Phoam Labs | United States | Minnesota | Seed | $820K | 2024-09-19 | Consumer Goods |
Senior Community Services | United States | Minnesota | Series Unknown | Undisclosed | 2024-09-18 | Community and Lifestyle |
The Plant Pathways Company | United States | Minnesota | Series Unknown | $20M | 2024-08-29 | Agriculture and Farming |
Melodi | United States | Minnesota | Series A | $10.8M | 2024-08-29 | Health Care |
Nuwellis | United States | Minnesota | Series Unknown | $916K | 2024-08-23 | Biotechnology |
HistoSonics | United States | Minnesota | Series D | $102M | 2024-08-15 | Health Care |
Innergy | United States | Minnesota | Series Unknown | $44M | 2024-08-01 | Data and Analytics |
Kindred | United States | Minnesota | Series Unknown | $5K | 2024-07-30 | Apps |
OneMedNet | United States | Minnesota | Series Unknown | $4.6M | 2024-07-26 | Health Care |
Treehouse Hope | United States | Minnesota | Series Unknown | Undisclosed | 2024-07-25 | Community and Lifestyle |
Tubman | United States | Minnesota | Series Unknown | Undisclosed | 2024-07-25 | Community and Lifestyle |
Achieve Twin Cities | United States | Minnesota | Series Unknown | Undisclosed | 2024-07-25 | Education |
Kwikly Dental Staffing | United States | Minnesota | Series A | Undisclosed | 2024-07-23 | Administrative Services |
Eureka Recycling | United States | Minnesota | Series Unknown | $10M | 2024-07-22 | Science and Engineering |
Life House | United States | Minnesota | Series Unknown | Undisclosed | 2024-07-16 | Community and Lifestyle |
Tierra Encantada | United States | Minnesota | Series Unknown | $38M | 2024-07-09 | Education |
Ambient Intelligence | United States | Minnesota | Seed | $100K | 2024-07-09 | Health Care |
VirtualZ Computing | United States | Minnesota | Series Unknown | $2.1M | 2024-06-26 | Information Technology |
Endogenex | United States | Minnesota | Series C | $88M | 2024-06-25 | Health Care |
Cardio Flow | United States | Minnesota | Series Unknown | $400K | 2024-06-21 | Health Care |
Reflection Sciences | United States | Minnesota | Series Unknown | Undisclosed | 2024-06-20 | Education |
Canomiks | United States | Minnesota | Series Unknown | $998.1K | 2024-06-18 | Artificial Intelligence (AI) |
FOXO Technologies | United States | Minnesota | Series Unknown | $2.8M | 2024-06-18 | Biotechnology |
Aymium | United States | Minnesota | Series Unknown | $50M | 2024-06-18 | Energy |
Sentry Kiosk | United States | Minnesota | Series Unknown | $50K | 2024-06-17 | Data and Analytics |
HealtheMed | United States | Minnesota | Series Unknown | $7M | 2024-06-11 | Health Care |
Nucleus RadioPharma | United States | Minnesota | Series A | Undisclosed | 2024-06-05 | Health Care |
Celcuity | United States | Minnesota | Series Unknown | $100M | 2024-05-30 | Biotechnology |
Sezzle | United States | Minnesota | Series Unknown | $150M | 2024-05-17 | Commerce and Shopping |
Phenomix Sciences | United States | Minnesota | Series Unknown | $2.3M | 2024-05-16 | Biotechnology |
Pear Commerce | United States | Minnesota | Series Unknown | $14M | 2024-05-14 | Sales and Marketing |
SHAED | United States | Minnesota | Seed | $5.7M | 2024-05-14 | Software |
Nuvaira | United States | Minnesota | Series Unknown | $52.9K | 2024-05-09 | Biotechnology |
Klaris | United States | Minnesota | Seed | $750.2K | 2024-05-09 | Consumer Electronics |
BUMP | United States | Minnesota | Series A | Undisclosed | 2024-05-01 | Artificial Intelligence (AI) |
Flyte | United States | Minnesota | Seed | $2.3M | 2024-04-22 | Community and Lifestyle |
Bright Planet Pet | United States | Minnesota | Seed | Undisclosed | 2024-04-18 | Food and Beverage |
OneMedNet | United States | Minnesota | Series Unknown | $4.5M | 2024-04-02 | Health Care |
Herself | United States | Minnesota | $37M | 2024-03-26 | Community and Lifestyle | |
Emerging Therapy Solutions | United States | Minnesota | $5M | 2024-03-26 | Financial Services | |
Refr Sports | United States | Minnesota | $535K | 2024-03-26 | Software | |
Stauer | United States | Minnesota | $10.5M | 2024-03-21 | Commerce and Shopping | |
GoRout | United States | Minnesota | $1.8M | 2024-03-19 | Software | |
Envoy Medical | United States | Minnesota | $10M | 2024-03-04 | Health Care | |
Tavolo | United States | Minnesota | Pre-Seed | Undisclosed | 2024-02-22 | Apps |
Niron Magnetics | United States | Minnesota | Series Unknown | $25M | 2024-02-20 | Energy |
Carbon Solutions | United States | Minnesota | Series Unknown | $1.1M | 2024-02-20 | Administrative Services |
Jeremiah Program | United States | Minnesota | Series Unknown | Undisclosed | 2024-02-15 | Non-profit Organization Management |
Visante | United States | Minnesota | Series Unknown | Undisclosed | 2024-02-12 | Health Care |
Pineapple Energy | United States | Minnesota | Series Unknown | $1M | 2024-02-05 | Energy |
Traive | United States | Minnesota | Series Unknown | $20M | 2024-02-02 | Agriculture and Farming |
Egg Medical | United States | Minnesota | Series Unknown | $3M | 2024-01-26 | Health Care |
Syntiron | United States | Minnesota | Series Unknown | $1.7M | 2024-01-19 | Biotechnology |
Joshin | United States | Minnesota | Series Unknown | $1.4M | 2024-01-10 | Health Care |
Melodi | United States | Minnesota | Series Unknown | $8M | 2023-12-15 | Health Care |
Claros Technologies | United States | Minnesota | Series Unknown | $18.2M | 2023-12-14 | Manufacturing |
LHB | United States | Minnesota | Series Unknown | $647.7K | 2023-12-13 | Professional Services |
VirtualZ Computing | United States | Minnesota | Seed | $2.2M | 2023-12-12 | Information Technology |
BetterYou | United States | Minnesota | Series A | $6M | 2023-12-06 | Health Care |
Odele | United States | Minnesota | Series Unknown | Undisclosed | 2023-11-16 | Commerce and Shopping |
ServeMinnesota | United States | Minnesota | Series Unknown | $700K | 2023-11-15 | Education |
GT Metabolic Solutions | United States | Minnesota | Seed | $4.7M | 2023-11-14 | Health Care |
Rainbow Health | United States | Minnesota | Series Unknown | Undisclosed | 2023-11-09 | Health Care |
Niron Magnetics | United States | Minnesota | Series Unknown | $33M | 2023-11-08 | Energy |
itiliti Health | United States | Minnesota | Series Unknown | $1.1M | 2023-11-06 | Health Care |
Refr Sports | United States | Minnesota | Pre-Seed | $120K | 2023-11-02 | Software |
SportsVision | United States | Minnesota | Pre-Seed | $120K | 2023-11-02 | Artificial Intelligence (AI) |
Humanetics Corporation | United States | Minnesota | Series Unknown | Undisclosed | 2023-10-24 | Biotechnology |
Celcuity | United States | Minnesota | Series Unknown | $50M | 2023-10-18 | Biotechnology |
Yardstik | United States | Minnesota | Series Unknown | $12M | 2023-10-17 | Professional Services |
Suomen Kulutusosa | United States | Minnesota | Series Unknown | Undisclosed | 2023-10-16 | Wholesale Import and Export |
Nuwellis | United States | Minnesota | Series Unknown | $2.3M | 2023-10-13 | Biotechnology |
Bright Planet Pet | United States | Minnesota | Series A | Undisclosed | 2023-10-12 | Food and Beverage |
Drake Bank | United States | Minnesota | Series Unknown | $3.1M | 2023-10-10 | Community and Lifestyle |
Harmony | United States | Minnesota | Pre-Seed | Undisclosed | 2023-10-10 | Artificial Intelligence |
Esperovax | United States | Minnesota | Series Unknown | $1M | 2023-10-03 | Biotechnology |
Radux Devices | United States | Minnesota | Series Unknown | $514.5K | 2023-09-28 | Health Care |
Theratec | United States | Minnesota | Series Unknown | $375K | 2023-09-20 | Health Care |
Inbound Health | United States | Minnesota | Series B | $30M | 2023-09-20 | Health Care |
Colectica | United States | Minnesota | Series Unknown | $275.5K | 2023-09-18 | Data and Analytics |
Sonex Health | United States | Minnesota | Series B | $40M | 2023-09-13 | Health Care |
Talon Metals Corp | United States | Minnesota | Series Unknown | $20.6M | 2023-09-12 | Natural Resources |
Cardio Flow | United States | Minnesota | Series Unknown | $1.2M | 2023-09-11 | Health Care |
Gem Health | United States | Minnesota | Seed | Undisclosed | 2023-09-11 | Health Care |
Livefront | United States | Minnesota | Series Unknown | Undisclosed | 2023-09-05 | Apps |
Kyros | United States | Minnesota | Series Unknown | $10.5M | 2023-08-23 | Health Care |
Priority Courier Experts | United States | Minnesota | Series Unknown | Undisclosed | 2023-08-22 | Administrative Services |
ALT5 Sigma Corp | United States | Minnesota | Series Unknown | $790K | 2023-08-18 | Biotechnology |
Visana Health | United States | Minnesota | Seed | $10.1M | 2023-08-17 | Community and Lifestyle |
BetterYou | United States | Minnesota | Series Unknown | $3M | 2023-08-15 | Health Care |
BData | United States | Minnesota | Seed | $500K | 2023-08-10 | Apps |
Fulcrum | United States | Minnesota | Series A | $18M | 2023-08-09 | Manufacturing |
Kaleidoscope | United States | Minnesota | Series A | $2M | 2023-08-08 | Artificial Intelligence |
Reflection Sciences | United States | Minnesota | Series Unknown | $100K | 2023-08-07 | Education |
Flyte | United States | Minnesota | Seed | $2.7M | 2023-08-01 | Community and Lifestyle |
Panbela Therapeutics | United States | Minnesota | Series Unknown | $9.5M | 2023-07-19 | Biotechnology |
Neurotype Inc. | United States | Minnesota | Seed | $326.7K | 2023-07-01 | Biotechnology |
Wicked Foods | United States | Minnesota | Series Unknown | Undisclosed | 2023-06-27 | Food and Beverage |
Seven Sundays | United States | Minnesota | Series Unknown | $6M | 2023-06-23 | Food and Beverage |
DiaMedica | United States | Minnesota | Series Unknown | $37.5M | 2023-06-21 | Biotechnology |
AgVend | United States | Minnesota | Series Unknown | $2.9M | 2023-06-14 | Agriculture and Farming |
Visana Health | United States | Minnesota | Series Unknown | $13.4M | 2023-06-07 | Community and Lifestyle |
NXgenPort | United States | Minnesota | Series Unknown | Undisclosed | 2023-06-06 | Health Care |
Adcura | United States | Minnesota | Series Unknown | Undisclosed | 2023-06-06 | Health Care |
Franconia Sculpture Park | United States | Minnesota | Series Unknown | $75K | 2023-06-06 | Media and Entertainment |
Flywheel.io | United States | Minnesota | Series D | $54M | 2023-06-03 | Data and Analytics |
Autonomix Medical | United States | Minnesota | Series Unknown | $2.4M | 2023-06-01 | Health Care |
Gem Health | United States | Minnesota | Seed | $2M | 2023-05-23 | Health Care |
Cardio Flow | United States | Minnesota | Series Unknown | $1.1M | 2023-05-16 | Health Care |
Northern Oil and Gas | United States | Minnesota | Series Unknown | $199.5M | 2023-05-15 | Energy |
VirtualZ Computing | United States | Minnesota | Series Unknown | $1M | 2023-05-15 | Information Technology |
SoleSafe | United States | Minnesota | Seed | Undisclosed | 2023-05-12 | Consumer Electronics |
Impacks | United States | Minnesota | Series Unknown | $640K | 2023-05-11 | Community and Lifestyle |
Tree Trust | United States | Minnesota | Series Unknown | $1.5M | 2023-05-08 | Environmental Services |
ANI Pharmaceuticals | United States | Minnesota | Series Unknown | $75M | 2023-05-05 | Biotechnology |
Spawning | United States | Minnesota | Seed | $3M | 2023-05-03 | Information Technology |
Sentera | United States | Minnesota | Series C | Undisclosed | 2023-05-02 | Agriculture and Farming |
Theratec | United States | Minnesota | Series Unknown | $200K | 2023-04-26 | Health Care |
The Food Group | United States | Minnesota | Series Unknown | $20K | 2023-04-07 | Non-profit Organizations |
Gravie | United States | Minnesota | Series F | $179M | 2023-03-21 | Administrative Services |
The Coven | United States | Minnesota | Series Unknown | $3.3M | 2023-03-15 | Administrative Services |
Solar Informatics | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Energy |
Hinckley Medical | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Health Care |
JAS Monitoring | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Apps |
Oppify | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Software |
Davenport SAF-T Systems | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Health Care |
Ambient Intelligence | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Health Care |
Melodi | United States | Minnesota | Seed | Undisclosed | 2023-03-07 | Health Care |
Morari Medical | United States | Minnesota | Seed | Undisclosed | 2023-03-03 | Medical Device |
Phenomix Sciences | United States | Minnesota | Series Unknown | $1M | 2023-02-22 | Biotechnology |
RedRex | United States | Minnesota | Series Unknown | $1M | 2023-02-14 | Administrative Services |
Tower Pop | United States | Minnesota | Seed | $2.1M | 2023-02-10 | Gaming |
ImageTrend | United States | Minnesota | Series Unknown | Undisclosed | 2023-02-09 | Data and Analytics |
Klaris | United States | Minnesota | Series Unknown | $344K | 2023-01-26 | Consumer Electronics |
Advisory Aerospace OSC | United States | Minnesota | Series Unknown | $1M | 2023-01-26 | Professional Services |
MetaModix | United States | Minnesota | Series Unknown | $500K | 2023-01-26 | Biotechnology |
HealtheMed | United States | Minnesota | Series Unknown | $5.7M | 2023-01-25 | Health Care |
Visura Technologies | United States | Minnesota | Series B | $4.1M | 2023-01-13 | Health Care |
CommonBond Communities | United States | Minnesota | Series Unknown | Undisclosed | 2023-01-10 | Community and Lifestyle |
Reprise Biomedical | United States | Minnesota | Series Unknown | $15.3M | 2023-01-03 | Biotechnology |
College Possible | United States | Minnesota | Series Unknown | $300K | 2022-12-20 | Education |
OneMedNet | United States | Minnesota | Series Unknown | $400K | 2022-12-19 | Health Care |
HistoSonics | United States | Minnesota | Series Unknown | $85M | 2022-12-13 | Health Care |
Marker Therapeutics | United States | Minnesota | Series Unknown | $25M | 2022-12-13 | Biotechnology |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Minnesota, USA?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How can I connect with these startups in Minnesota, USA?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many Minnesota, USA startups were funded this year and last year, and how many are tracked?
Minnesota, USA has 234 startups tracked; 70 raised funding last year and 25 have raised funding so far this year, totaling $1,040,240,000 USD in funding to date.
Q4. Which industries in Minnesota, USA are trending by funding amount and deal count this year?
By funding amount: Gaming ($417,500,000), Energy ($252,000,000), Health Care ($217,310,000); by deal count: Health Care (6 deals), Artificial Intelligence (3 deals), Biotechnology (3 deals); largest deal: SharpLink, Series Unknown, $413,000,000.
Q5. What are quick steps to evaluate recent Minnesota, USA startups before reaching out?
Check funding size and round, compare industry fit to top sectors (Gaming, Energy, Health Care), review team and traction, read press/term-sheet summaries, validate contacts (upgrade to premium for verified decision-makers) and request an intro or deck before outreach.