MN High Tech Success Story: Sentera Flies High in Ag Tech
2018 has been a high-flying year for Sentera, maker of precision sensors, drones, software and IoT solutions used in the agriculture industry to increase farm yields and decrease environmental impacts. “We have had our biggest year of growth in dollars and annual growth rate,” Eric Taipale, CEO of Sentera, said. The company, founded in 2014 and based in Richfield, MN, has been adding new employees, reaching new customers, and expanding partnerships with agriculture leaders such as John Deere and Monsanto. In September, Sentera announced it had raised $14 million in Series A funding.
“We’ve reached a tipping point,” Taipale said, where Sentera products are becoming a way of doing business in farming. “When farmers hear about the successes our customers and resellers are talking about, nobody wants to be left behind.”
Taipale gives credit to the Minnesota High Tech Association for adding fuel to Sentera’s success on multiple fronts:
- Connecting Sentera execs with venture capital investors [More info: MnVenture.org]
- Providing opportunities for Sentera to gain visibility in Minnesota’s tech community
- Offering SciTechsperience, an internship program that helped Sentera hire and pay for STEM interns, two of whom are now employees
- Bringing Sentera to the table with state lawmakers as an advocate for small tech businesses.
The cumulative effect has strengthened Sentera’s position within the ag industry and, on a broader basis, as a Minnesota startup success story. Continue Reading ›
October 18, 2018
Blockchain Startups in Spotlight Nov. 7 at MN Venture Conference
Blockchain is not just a new technology tool, but a new business tool, according to Russ Felker, West Monroe Partners senior architect for mergers and acquisitions. West Monroe Partners consultants, based in Chicago, are deep technical experts, helping clients understand how technology can transform transactions, operations, and customer experiences. Felker will be part of the venture capital panel on blockchain technology, one of the hot tech topics at the Minnesota Venture Conference on Nov. 7.
More info: MnVenture.org or register now.
Felker offers this insight into blockchain entrepreneur startups:
Continue Reading ›
October 16, 2018
Insights on Nov. 7 Minnesota Venture Conference: AI/Data Analytics
Artificial intelligence is bringing incredible breakthroughs in automation and other applications, according to Ryan Weber, managing partner and co-founder of Great North Labs, a Minnesota-based venture capital fund focused on helping tech startups in the Upper Midwest. Weber is a panelist for the artificial intelligence/data analytics module at the Minnesota Venture Conference on Nov. 7, 2018.
More info: MnVenture.org or register now.
In this Q&A, Weber provides insight on AI/data analytics for investors: Continue Reading ›
October 9, 2018
Entrepreneurs and Investors at MN Venture Conference Nov. 7 Will Present on Hot Tech Topics in Venture Capital
The Minnesota Venture Conference, hosted by the Minnesota High Tech Association on Nov. 7, 2018, will bring together hundreds of entrepreneurs, investors and executives to highlight innovative technologies and startups in Minnesota and across the Midwest.
The day-long event will feature panels and pitches in three hot tech topics in venture capital: artificial intelligence/ data analytics, blockchain technology, and cybersecurity. In addition, the conference serves as a networking event to connect investors and entrepreneurs. A new conference app allows startups to profile their companies online and schedule meetings onsite. The conference is being held at the Radisson Blu Minneapolis Downtown. For more info and registration: MnVenture.org. Continue Reading ›
October 4, 2018
Governor’s Task Force on Broadband Releases Final Annual Report
PAUL — The Governor’s Task Force on Broadband released its final Annual Report today, which includes recommendations for Governor Dayton, the legislature, and other policy makers to consider in the 2019 Legislative Session.
The report contains eight recommendations aimed at ensuring every Minnesotan has access to broadband: Continue Reading ›
October 2, 2018