News

Elate raises $4.9M in Series A funding to strengthen its rapidly growing strategic planning platform

We’re excited to announce that Elate, a cloud-based strategic planning software, raised $4.9M in funding. HPA participated in the Series A round, which was led by WestWave Capital. Additional new investors included The Pritzker Group and Capital Midwest Fund, with support from previous investors Elevate Ventures, Serra Ventures, M25, and the Flywheel Fund. Elate’s all-in-one platform helps businesses […]

NanoGraf raises $65M Series B to scale production of silicon anode products

We’re excited to announce that NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, raised $65 million in Series B funding. HPA participated in the Series B round, which was co-led by Volta Energy Technologies and CC Industries (CCI) with participation from GIC, Emerald Technology Ventures, Material Impact, Arosa Capital, […]

NOCD raises $34M to end the global OCD crisis

HPA is excited to announce that NOCD, the world’s leading provider of obsessive compulsive-disorder (OCD) treatment, raised $34M in new funding. The round was co-led by Cigna Ventures and 7wireVentures, with participation from new investor Longitude Capital and other existing investors. HPA first invested in NOCD’s $4M round in 2019 and in the $12M Series […]

Pimly Raises $5M to scale its product information management platform

We’re excited to announce that Pimly, a product relationship management tool designed to close the gap in modern e-commerce, has raised $5M in funding. HPA participated in the round, which was led by High Alpha.  Pimly is the industry’s first fully Salesforce-native solution making Salesforce the source of truth for critical product information allowing employees, […]

How Discovery Partners Institute is Driving Tech Talent in Chicago

Finding tech talent to fuel the growth that investors expect right now is a challenge. With distributed workforces, the Great Resignation, and layoffs in certain industries, the employee market continues to adapt. The Discovery Partners Institute is working to provide a solution. With a vision to be a magnet for the most ambitious talent Illinois […]

November 15, 2022 By Cate LeSourd

ShipBob co-founders featured in Crain’s 40 Under 40 List

Congrats to Divey Gulati and Dhruv Saxena, the co-founders of ShipBob, for being listed in the 40 Under 40 Class of 2022 list from Crain’s Chicago Business. Gulati and Saxena created ShipBob in 2014 as they saw a need for more efficient shipping for ecommerce businesses. After raising a $200M Series E round last year, […]

What Drives The University Of Michigan’s Entrepreneurial Success

In preparation of speaking at the Michigan Tech Week (MTW) on October 12 and 13, I discovered so many connections to the University of Michigan (U-M) that I decided to dig into what powers U-M’s entrepreneurial success. Seemingly everyone knows that the University of Michigan (U-M) is the world’s leading public research institution. What’s not as widely known is […]

Why Chicago Is Home To The Future Of Logistics Tech

Uniquely positioned as the nation’s crossroads for moving freight via air, rail, and truck, the Windy City has long been a global leader in the Transportation, Distribution and Logistics (TD&L) industry, so it is no surprise to learn that Chicago has become a Logistics Tech leader. Chicago’s TD&L sector is one of the largest in […]

Tractor Zoom Raises $5M in New Round

We’re excited to announce that Tractor Zoom announced that it raised $5M in Series A funding. HPA participated in the round, which was co-led by Builders VC and Bienville Capital. Additional investors include Next Level Ventures and Wintrust Ventures, among other existing investors. Tractor Zoom’s platform helps all agriculture stakeholders – farmers, OEM’s, equipment dealerships, and […]