Minnesota Startups’ Major M&A Deals in 2019
Dec 30, 2019
Minne Inno's recently published roundup of major 2019 Twin Cities startup acquisitions includes three UMN startups:
- FastBridge Learning, a Minneapolis-based ed-tech startup, was scooped up by Irvine, Calif.-based Illuminate Education. The acquisition formalized a long-time partnership between the two companies. FastBridge was the second-fastest growing company in Minnesota last year, according to the Biz Journal.
- CoreBiome, a medical startup that utilizes University of Minnesota research to analyze tiny organisms, was acquired by OraSure Technologies Inc.
- Growing Minneapolis-based BioTechne scooped up two companies in the last year. It has now acquired 14 businesses within the last five years. It first purchased B-MoGen Biotechnologies, a company founded in 2015 by a group of U of M researchers. Bio-Techne also snapped up Exosome Diagnostics, a Massachusetts company whose technology tests for disease by scanning body fluids.
Read the full story in Minne Inno.