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Inside BoldHue’s latest round
By Sharon Fisher | September 22, 2022 We’ve been writing for several months now about how Idaho startups have been dealing, with varying degrees of success, with the current economic situation and how startup funding has reportedly been harder to get. That’s why it’s so nice to talk to someone who actually got the funding they were looking for. We first wrote about BoldHue in March, talking with Rachel Wilson, CEO and cofounder, about her plans for the makeup company. At the time we spoke with her, she said she was raising a $500,000 pre-seed round that she expected to
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With Meta Support, Librarium Announces VR-based Educational Product
By Sharon Fisher | September 13, 2022 When we first talked to Librarium in May, the virtual reality education company was meeting with investors and planning a $1.5 million seed round, which it hoped to announce imminently in preparation for the company’s product launch by the beginning of the 2022-2023 school year. Days later, the stock market dropped, and like a spigot, almost overnight the pool of investment money dried up for many startups, including Librarium. “Right around May, June, the market took a downturn,” said Duane Mathes, CEO and founder of the Eagle-based company. “We were in due diligence
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Galena Innovations Developing Way To Prevent Preterm Labor
By Sharon Fisher | August 17, 2022 One of the biggest traumas in a person’s life is the loss of a wanted pregnancy. Ashley Crafton is working on a way to prevent that. The device she’s developing, the Hannah cervical cup, is similar to a menstrual cup, but instead of catching something that’s coming out, it’s strengthening the cervical opening by stimulating it. “Obstetrics has been a stagnant field as far as innovation since 1960s,” Crafton said. “The innovators and entrepreneurs focused elsewhere. You can 3d-print an exact replica of a 65-year-old man’s heart to build a valve just for
