Rivet Relocated, Rhaeos Bought .5M, and Extra Chicago Tech Information
Rivet Relocated, Rhaeos Bought .5M, and Extra Chicago Tech Information
Picture: Rivet

From new workplace bulletins to the newest in funding, compensate for tech information from the Windy Metropolis. Learn up on an AI firm that just lately moved to Chicago and be taught which medical system firm raised $10.5 million. That is the Constructed In Chicago Weekly Refresh.  

Spot introduced a brand new Chicago workplace. Spot is a logistics firm headquartered in Indianapolis. Final week the corporate introduced it can open an workplace in Chicago in October. The workplace can be situated within the Marshall Area and Co. constructing. The corporate additionally plans to develop and can rent 200 workers. [Built In Chicago]

Rhaeos Raised $10.5M. Rhaeos is a medical system firm spun out of Northwestern College that develops sensors to deal with power situations. The corporate raised $10.5 million in a Sequence A spherical led by the Steele Basis for Hope. The brand new capital will speed up Rhaeos’ product pipeline. [PR Newswire]

Chicago Tech Quote of the Week

“We’re actually enthusiastic about tapping into the music scene out right here. There’s an unbelievable ecosystem that we’re simply scratching the floor of. It’ll be thrilling to begin constructing Rivet’s new group within the Chicago ecosystem.” — Simran Pabla, Rivet co-founder

Rivet relocated to Chicago. Rivet just lately relocated from Boston and secured a $500,000 funding in a spherical led by Drive Captial. Rivet developed a fanbase administration platform that makes use of AI to assist musicians perceive their followers. The corporate will develop its platform by shifting to Chicago and embedding itself within the native music scene. [Built In Chicago]

Tastyworks modified its identify to tastytrade. Tastytrade is a do-it-yourself monetary platform with numerous providers like buying and selling and retirement saving. Final week the corporate rebranded to tastytrade to higher mirror its enterprise and its provided providers. [tastytrade]