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Wintrust Business Minute: PharmaCann raised most money for a Chicago startup in second quarter
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-based cannabis operator raised nearly $95 million in April. And according to a group that tracks fundraising by startups, it’s the largest money round for a Chicago startup in the second quarter of this year. PharmaCann made the haul according to Pitchbook. Biotech company Advanced Medicine Partners landed the second-highest funding round of the quarter in Chicago with $60 million. Chicago Inno says other companies raising big funds were Clearcover at $55 million and Hopscotch Primary Care at $45 million.
Also, Crain’s reports a mostly vacant office building on the Magnificent Mile could become residential soon.
https://serve.castfire.com/audio/5304795/5304795_2024-07-15-195735.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-based cannabis operator raised nearly $95 million in April. And according to a group that tracks fundraising by startups, it’s the largest money round for a Chicago startup in the second quarter of this year. PharmaCann made the haul according to Pitchbook. Biotech company Advanced Medicine Partners landed the second-highest funding round of the quarter in Chicago with $60 million. Chicago Inno says other companies raising big funds were Clearcover at $55 million and Hopscotch Primary Care at $45 million.
Also, Crain’s reports a mostly vacant office building on the Magnificent Mile could become residential soon.
https://serve.castfire.com/audio/5304795/5304795_2024-07-15-195735.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Firing Gen Z and a guaranteed minimum income
.cls-7{fill:#fff;fill-rule:evenodd}
Climate-risk data, signature dishes, Tavern on Rush
.cls-7{fill:#fff;fill-rule:evenodd}
United Airlines has a new wine list for economy class
.cls-4{fill:#000;}
Stock market is up, gift cards and Rosati’s Pizza
.cls-7{fill:#fff;fill-rule:evenodd}
Chicago small businesses are optimistic about 2025
.cls-4{fill:#000;}
Click for more
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