ASI Raises $225M from SoftBank to Accelerate Autonomous Construction and Scale Its Fleet Management Technology
h/t @TrentMano utah.vc/p/asi-raises-225m-fr…
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Utah VC retweeted
This was such a great session. Thanks @gavin_kickstart for everything you do for our community.
@gavin_kickstart sat down with @siliconslopes Start School to talk non-consensus bets, why most businesses shouldn't take venture capital, and what separates founders who make it from those who don't.
Watch the full session and read the recap, linked in the comments!
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Curant AI Secures $3.1 Million Seed Round Led by Diagram to Power the Next Generation of AI for Insurance
utah.vc/p/curantai-secures-3…
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Utah VC retweeted
Big news for Utah entrepreneurs and business owners!
Leland is partnering with the State of Utah (through the Utah Governor's Office of Economic Development and Silicon Slopes) to provide fully-funded access to the AI Builder Program for entrepreneurs across the state.
If you are a Utah-based entrepreneur and you'd like to apply for access (typically $1,500) then please apply here: joinleland.typeform.com/to/J…
Utah is an amazing place to build a business. In 2025-26, Utah has been ranked:
- #1 State by the U.S. News & World Report #1 State (for the 4th consecutive year)
- #2 Best State to Start a Business by WalletHub
- #3 Friendliest State for Entrepreneurs by Inc.com
- #1 Cheapest State to Start a Business by CNBC
- #1 Best Economic Outlook (19th year in a row) by Rick States Poor States
We're excited to support the State of Utah's entrepreneurial progress by helping thousands of entrepreneurs learn to build with AI to scale their businesses.
Spots are limited, so please apply soon: joinleland.typeform.com/to/J…
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Utah VC retweeted
Tomorrow.
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Utah VC retweeted
I've had a front-row seat to what 47G is building, and I’m excited to be a part of the first-ever Hard Tech Week.
Utah has become one of the densest hard tech bases in the country. Rockets, drones, isotopes, energy, composites. The work America's future actually depends on, built right here.
This October 26–30, Hard Tech Week will throw the doors open to the world. A full week of tours, demos, and a behind-the-scenes look at what we build here, anchored by the highly-anticipated Zero Gravity Summit. Monday it was announced that Olympian Shaun White will be a keynote speaker.
Watch the video below. Then come see it for yourself. 👇
47G.org/hard-tech-week
Early bird tickets for the Zero Gravity Summit only last two more weeks before the price goes up, so get your tickets now.
ZeroGravitySummit.com
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Quantizr Raises $5M to Help Artist Teams Tour Smarter Using AI for Real-Time Financials
utah.vc/p/quantizr-raises-5m
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Peppy Secures Pre-Seed Funding to Build the Coding Platform for Humanoid Robotics, Democratizing Physical AI
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Epitel Secures $26 Million Series B
utah.vc/p/epitel-secures-26-…
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Databento Raises $97 Million Series B Led by NEA utah.vc/p/databento-raises-9…
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Redo Announces $81 Million Series B to Support Commerce Technology Expansion utah.vc/p/redo-81-million-se…
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Utah VC retweeted
Well we just raised $81M at a $1.25B valuation led by Smash Capital, Pelion Venture Partners, and Cervin Ventures.
Over the last 24 months we've grown working with 100 Brands to more than 4,000.
Every month has broken the record from the prior month.
But it's always strange to announce these things. Really we all just think about how much work is in front if us.
This is a hard problem and we are excited to keep solving it for Brands.
For this launch we decided that instead of spending a few 100k bragging about ourselves in a fundraising launch, we made a video in house (the actor is by far the worst I've ever seen) and we're putting the money to better use.
It's going to YOU.
Our Brands and their Shoppers.
The only reason we were able to raise this round is because thousands of brands trust us with their business.
More than 70% now trust us with multiple solutions, not just Returns.
That trust means everything to us.
So we asked ourselves a simple question:
What if we spent the announcement budget on them instead?
Here's how we're gonna do it:
1. Tag a brand that uses Redo (link to brand list in pinned comment)
2. Tell us what you love about them
3. We'll give 1 person for each Redo brand $100 to spend on their site
To all our brands. Thank you.
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Elektrik Secures Significant Growth Investment from Lead Edge Capital to Accelerate Electrical Transmission & Distribution Procurement for the Infrastructure Supercycle
utah.vc/p/elektrik-secures-g…
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Utah VC retweeted
Today is Day 1 of Captain Ventures.
I wrote a little more about why I started @captain_vc_ below.
Here we go! 🫡
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🚨BREAKING NEWS. Today, we're excited to announce something we've been working on for a while.
Utah has quietly become the most dense hard tech base in America. Most people have no idea. Rockets. Drones. Isotopes. Energy. Composites. The stuff America's future is actually built on.
This October, we will show the world.
Hard Tech Week, by @47G_Utah in partnership with @UTtechweek and Nucleus Institute. October 26–30.
👇 47g.org/hard-tech-week
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👀 Woot!
Property management software company Entrata filed for a U.S. initial public offering on Thursday, revealing a 23% revenue surge in the first three months of 2026, as issuers line up to tap the summer IPO window. reuters.com/legal/transactio…
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Related:
The profitable SaaS IPO is back? 📈
Entrata just filed: $574M implied ARR, +23% growth, and GAAP-profitable (18% operating margin, +11% net income). They offer a leading property management software solution and are PE-owned (founded in 2003).
It's the largest software company ever to IPO while growing 20%+ and GAAP operating-profitable.
Every name that filed at this scale — Snowflake, Palantir, Figma, Dropbox — was losing money. The last profitable-growth SaaS IPO like it was Veeva, at half the size. We looked back at over 150 SaaS IPOs.
It will be an interesting case study on what's possible for valuation for Cloud 1.0 companies vs. AI-native...likely at least $5 billion.
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Utah VC retweeted
Altitude Lab Portfolio Companies Surpass $205 Million in Funding, Marking a New Era for Early-Stage Biotechs in Salt Lake City - bit.ly/altitudelab-205
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