How Idaho Startups Can Weather the Upcoming Economic Storm

By Sharon Fisher | June 28, 2022 What goes up must come down. Fortunately, in economics, what goes down can come up again, but only if your startup is still there when it does. That’s the message local and national venture capitalists and other sources of funding are giving to startups who might be about to experience their first financial …

Rescription has Rx for prescription drug pricing

By Sharon Fisher | June 23, 2022 Median drug prices for a year’s supply increased from $2,115 in 2008 to more than $180,000 in 2021, according to a recent study published in the Journal of the American Medical Association. That’s something Scott Martin, founder and CEO of Ketchum-based Rescription Inc., wants to change. “A drug is made,” Martin said. “There’s …

Four Boise-based startups hope for funding

By Sharon Fisher | June 16, 2022 With a return to in-person events, Trailhead held a live Pitch Night on June 7 in Boise, with four Boise-based startups looking for funding. The event didn’t feature “winners” as such, but enabled the founders to present their companies to a variety of people in the startup ecosystem who could help them develop …

Soiltech aims to be outstanding in its field

By Sharon Fisher | June 9, 2022 It’s hard not to make jokes about “seed rounds” and “growth companies” when talking about agricultural technology such as one Idaho startup’s Internet of Things entry. The device is a sensor that can detect factors critical to crops, such as temperature, humidity, and moisture. Moreover, it’s not only planted in the field, but …

Startup uses crowdfunding to get it off the ground

By Sharon Fisher | May 31, 2022 Pitch Aeronautics Inc., developing a drone that can perform high-altitude inspections more quickly and safely, launched its crowdfunding raise on May 31 on StartEngine, a crowdfunding platform geared to startups. The crowdfunding round, with which Pitch Aeronautics hopes to raise $1 million, is a follow-on from the $250,000 IGEM grant it received from …

What’s nifty – and what isn’t – about NFTs

By Sharon Fisher | May 24, 2022 It’s been difficult lately to avoid hearing about NFTs, or non-fungible tokens. It sounds like science fiction. Two people, without even knowing each other or their identities, could sell things to each other, including intangible items such as music or computer-generated art, safely and reliably, without having to worry about proving authenticity, currency …

Startup Spotlight: SturdyAI

By Sharon Fisher | May 17, 2022 Every company knows stuff about its customers. Too much stuff. There’s so much material that it can’t be summarized into anything actionable. That’s where SturdyAI comes in. “We take all of the communications that a business has with its customer – support tickets, email, chats — organize them in one spot, and use …

What’s all the chatter about ChatterQuant?

By Sharon Fisher | May 3, 2022 You may remember, early last year, when stock in several companies – notably GameStop, but also AMC – suddenly boomed due to discussions on social media. A Boise startup, ChatterQuant, is working to capture such movements as they happen. The company already has 12,000 customers and won the Idaho Entrepreneur Challenge pitch competition …

2021 Idaho Deal Flow Report

By Sharon Fisher | April 27, 2022 Deal flow in Idaho’s startup industry shows signs of recovering from the COVID-19 slump, with the number of deals slightly increasing from 2020, though the amount was down by almost a third compared with last year. Overall, investment deals were $3.5 billion in 2021, compared with $5.2 billion in 2020, according to the …

Next week’s Capital Connect conference to look at ‘boomerangs’

By Sharon Fisher | April 19, 2022 The focus during next week’s eighth annual Capital Connect conference, produced by the Idaho Technology Council (ITC), is going to be on Idaho companies – not just the ones looking for early rounds of funding, but what ITC founder and CEO Jay Larsen calls “boomerangs”: companies that appeared as early-stage startups several years …