Revolutionizing Medical AI Development: Flywheel Announces $54 Million in Series D Funding led by Novalis LifeSciences & NVentures
MINNEAPOLIS — (June 27, 2023) — Flywheel, the leading medical imaging data and AI platform, announces it has raised $54 million in Series D funding. This latest round of funding was co-led by Novalis LifeSciences LLC and NVentures, NVIDIA’s venture capital arm. Microsoft also participated in the round, along with insiders Invenshure, 8VC, Beringea, iSelect, […]
The Rise of Rapid Consumer Detection Technologies: A 2022 Outlook

At Great North Ventures, we are excited to support entrepreneurs seeking to make the world healthier and safer. The rise of rapid, simple, point-of-use detection technologies promises just that.
Post-Pandemic Times – Sand Hill Moves to Middle America

Tech Sector’s Growth has Accelerated It is no secret that during the pandemic, the tech sector is delivering stronger returns than other sectors. As examples, underlying the stock prices, Zoom sessions increased from 10M daily in Dec 2019 to 200M daily in March 2020. Daily broadband usage in the US jumped from 13.2GB in March […]
The Role of VC in Economic Impact: World Economic Forum 2020

With approximately 500 attendees, uber-founder and CEO Navroop Sahdev and VP Heidi Cuppari conducted the outstanding The Digital Economist Roundtable at the World Economic Forum 2020 at Davos. Great North Labs was invited to the event to discuss the role of venture capital in economic impact, and I shared the fund’s experience and strategy. The strategy starts with Fund […]
Where to Invest in the Midwest: Venture Across Asset Classes [updated]

Over 10,700 venture-backed companies received a combined $136.5 billion in funding in 2019, and the year saw double the exit value of 2018.[i] As stocks, real estate investments, and venture capital reach record highs, what are investors thinking about where to invest? The answer depends on the type of investor: Large funds such as university […]
Where to Invest in the Midwest: Venture Across Asset Classes

More than 8,000 venture-backed companies received a combined $85 billion in funding in 2017, representing the highest annual total since 2000.[i] As stocks, real estate investments, and venture capital reach record highs, what are investors thinking about where to invest? The answer depends on the type of investor: Large funds such as university endowments, pension […]
Digital Manufacturing and Logistics
Can the Upper Midwest drive digital innovation in manufacturing and logistics? Legacy Manufacturing Hubs Manufacturing and farming ecosystems in the US and around the world have developed around a combination of the following ingredients: raw materials (minerals, crops), energy (electric, hydro, wind, solar), logistics (bays/ports, rivers, roads), talent/labor pools, and viable operating economics. A combination […]
Mid-Market Grocer Growth: Organic, Seeded or Grafted?

Amazon (mkt cap ~$760B) recently paid more for Whole Foods ($13.7B) than the balance sheets of many mid-market grocers. This frames the obvious question for all grocers: how can your business compete long-term? This is an especially challenging question for the smaller-cap grocers. Large companies such as Walmart (mkt cap ~$250B) and Target (mkt cap […]
IoT 3.0
IoT and Analytics – Organizing the Industrial Internet Figure 1: The third revolution: IoT and Analytics. [Image credit: General Electric] The Evolution of IoT – Where we Came From The first generation of IoT systems (IoT 1.0) was built mostly with data collected from IP-based sensors by monitoring applications. Whether standalone or embedded […]