Funded Startups in Minnetonka
Minnetonka’s most recent funding list (9 rows) is split between one very large disclosed round and a long tail of much smaller amounts.
Minnetonka’s most recent funding list (9 rows) is split between one very large disclosed round and a long tail of much smaller amounts. Northern Oil and Gas closed on 2025-06-17 with $200M, dwarfing the next-largest disclosed amounts at National Renewable Solutions ($145M on 2024-11-19) and Ostra Cybersecurity ($3M on 2025-06-20). Sector-wise, Energy appears repeatedly (Northern Oil and Gas 2025-06-17, National Renewable Solutions 2024-11-19, Pineapple Energy 2024-02-05), while multiple entries are in other categories like Artificial Intelligence (Ovul AI, $100K on 2025-05-15) and Education (St. David's Center, $80K on 2022-09-11).
Temporal concentration is noticeable: five of the nine rounds are from 2024 and 2025, spanning 2025-06-20 back to 2024-06-17, before earlier entries extend the range to 2021-12-15 (Pikup, $2M). Most rounds show “Series Unknown” (7 of 9), with two rows carrying specific labels (St. David's Center: Grant on 2022-09-11 for $80K; Pikup: Seed on 2021-12-15 for $2M).
Most recent rounds
9 shownRelated listings
Frequently asked
Which disclosed round in Minnetonka is the outlier, and how does it compare to the rest of the disclosed amounts?
Northern Oil and Gas’s 2025-06-17 disclosed round of $200M is the only entry at that level, with the next-largest disclosed amount at National Renewable Solutions’ $145M (2024-11-19). Outside of those two, the disclosed amounts largely sit far below $50M, including Ostra Cybersecurity at $3M (2025-06-20) and Ovul AI at $100K (2025-05-15).
Is the funding activity concentrated in a narrow window, or is it spread evenly across years?
The list clusters strongly in 2024–2025: 6 of 9 rows are dated 2024-02-05 through 2025-06-20 (Pineapple Energy $1M on 2024-02-05 through Ostra Cybersecurity $3M on 2025-06-20). Earlier years are less frequent, with a gap between St. David's Center (2022-09-11, $80K) and Pikup (2021-12-15, $2M).
Do any sectors show over-representation relative to the other categories in this Minnetonka list?
Energy is the clearest cluster, appearing in 3 entries: Northern Oil and Gas ($200M on 2025-06-17), National Renewable Solutions ($145M on 2024-11-19), and Pineapple Energy ($1M on 2024-02-05). Other sectors in this set generally appear once, such as Artificial Intelligence (Ovul AI, $100K on 2025-05-15) and Administrative Services (Pikup, $2M on 2021-12-15).
How does the stage/label mix look in Minnetonka—mostly “Series Unknown,” or are there clear stage signals?
“Series Unknown” accounts for 7 of the 9 rows. The only non-unknown labels shown are St. David's Center tagged as Grant ($80K on 2022-09-11) and Pikup tagged as Seed ($2M on 2021-12-15), which limits stage inference for the more recent rounds like Northern Oil and Gas ($200M on 2025-06-17) and National Renewable Solutions ($145M on 2024-11-19).
Are there small-round outliers on the low end worth attention alongside the large disclosed rounds?
Yes. Several of the lowest disclosed amounts are tightly grouped below $1M: Ovul AI at $100K (2025-05-15), Sentry Kiosk at $50K (2024-06-17), and St. David's Center at $80K (2022-09-11). This contrasts with the two disclosed megarounds at $145M (2024-11-19) and $200M (2025-06-17), which shape the overall distribution.
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