Qwick Inc., the Scottsdale-based on-demand staffing startup for food and beverage contract employees, has closed on a $3.5 million seed round of funding. This new capital round, which closed Monday, is on top of the $1.3 million it raised in December, pushing its total raised in seed funding so far to almost $5 million, said […]

Fiverr is acquiring ClearVoice, a company that helps customers like Intuit and Carfax find professionals to write promotional content. The two companies seem like a natural fit, as they both operate marketplaces for freelancers. Fiverr covers a much broader swath of freelance work, but CEO Micha Kaufman (pictured above) said the marketplace’s professional writing category […]

Positive results of NuvOx Pharma’s NVX-208 in the treatment of stroke have been published at the International Stroke Conference.  The trial was sponsored by the University of Arkansas for Medical Sciences. William “Bill” Culp, MD, the principal investigator on the trial, said, “Such strong safety and promising efficacy results meet our highest hopes for this […]

Tempe-based GT Medical Technologies Inc. received FDA approval to use its GammaTile Therapy in patients with recurrent brain tumors.  The company’s new FDA-approved procedure replaces the need for months of radiation following brain surgery. The first surgical procedure using the product was conducted Jan. 30. https://www.bizjournals.com/phoenix/news/2019/02/04/tempe-cancer-treatment-firm-gets-10m-financing.html

Stimwave Technologies, the leading innovator of wireless medical device bioelectronic technology, today announced pending publication and completion of long-term clinical data from the SURF study. The SURF RCT study, a prospective, randomized, multi-center clinical trial was the first ever pivotal study conducted utilizing a wirelessly powered Spinal Cord Stimulator (SCS) system comparing a variety of […]

TEMPE, Ariz.–(BUSINESS WIRE)–GT Medical Technologies, Inc., a company dedicated to improving the lives of patients with brain tumors, today announced positive results from a clinical trial supporting the efficacy and safety profile of a new treatment, GammaTile™ Therapy, for patients with recurrent, previously treated brain tumors known as meningiomas. Meningiomas are the most common type […]

A tax credit approved by the Arizona Legislature to incentivize investment in early-stage bioscience and technology companies has proven to be a popular tool among local funders. The impact of the Angel Investor Tax Credit program has been millions of dollars invested in Arizona startup companies, resulting in business and job growth and more than […]

*DA portfolio company Qwick is a winner of the Fall 2018 AIC grants* The Arizona Commerce Authority has chosen 10 local startups, including seven software companies, as winners in its Fall 2018 round of the revamped Arizona Innovation Challenge. The business plan competition for promising early-stage companies in high-growth industries awards $1.5 million twice a […]

Sonora Quest Laboratories, Arizona’s leading provider of diagnostic testing and information services, and Beacon Biomedical Inc., a Phoenix-based diagnostic laboratory focused on commercializing early detection cancer tests, have jointly announced the availability of Beacon’s new colorectal cancer screening blood test called BeScreened™-CRC. Under an exclusive partnership the test is now available directly to consumers without […]