Minneapolis-Based Flywheel Reports Record Growth, Launches Clinical Trial Products, Closes $27.5M Equity Round Flywheel, a Minnesota-based medical imaging data management and analysis platform, announced the close of a $27.5 million equity financing round Next In the North • Funding
MN-Based Carba Raises $6M Investment Round to Scale Biocarbon and Carbon Removal Technology Minnesota startup focused on biocarbon production and permanent carbon removal, announced the close of a $6 million investment round led by Rusheen Capital Management Next In the North • Funding
Reema Health Raises $19M Series B to Expand Medicaid Engagement Platform MINNEAPOLIS — December 2, 2025 — Minneapolis-based Reema Health has closed a $19 million Series B round led by LRVHealth and Optum Ventures Next In the North • Funding
Minneapolis Startup Gravwell Raises $15.4 M Series A to Expand Data Analytics & Security Platform Gravwell, a Minnesota-based full-stack data analytics and security platform, announced it has raised $15.4 million in Series A funding led by Two Bear Capital, with participation from Gula Tech Adventures, Next Frontier Capital, and others. Next In the North • Funding
Minnesota Health Tech Startup DOCSI Raises Funding to Streamline Surgical Supply Chains Investment to support DOCSI’s mission to modernize perioperative workflows and reduce waste Next In the North • Funding
Minneapolis-Based HistoSonics Secures $250 Million Growth Financing Following $2.25B Acquisition Backed by investors including Peter Thiel, Jeff Bezos, and Wellington Management, the medical device company plans global expansion of its non-invasive histotripsy technology. Next In the North • Funding