Weβre not just talking music festivalsβ¦ πΆ

β° Midwest Minute
Summer in the Midwest has exactly one setting: outside, loud and fed. From massive music festivals to the gloriously specific, the region's event calendar this time of year is a reminder that Midwesterners will find any reason to close a street and set up a tent. Chicago's Lollapalooza kicks off August 1 in Grant Park, one of the biggest music festivals in the country and a proper send-off to summer on the lakefront. Chicago's Taste of Chicago remains one of the largest food festivals in the world, while the city's neighborhood street fest circuitβfrom Wicker Park Fest to Roscoe Village Burger festβare in high demand. Without fail, thereβs a festival happening in the city of Chicago every weekend through Labor Day. Detroit's Festival of Books draws readers from across the state and beyond for the biggest book festival in Michigan, and Cleveland's Ingenuity Fest blends art, technology and live performance into one of the more unexpected summer events in the region. Minneapolis delivers the beloved Minnesota State Fair, which isn't a festival so much as a way of life in late August. Then there's the niche stuff, which is where the Midwest really shines. Pittsburgh hosts an annual Pickle Festival that draws thousands of people who are genuinely, enthusiastically there for the pickles. The Pierogi Fest in Whiting, Indianaβjust outside Chicagoβhas been celebrating the dumpling since 1997 and regularly draws hundreds of thousands of visitors to a town of about 4,000 people. The Midwest doesn't do festival season halfway. It does it with a side of something fried and a long line.
Weβre lining up the latest funding announcements from across the region. Find recent deals + news below.
Have any insights into the Midwest ecosystem or a funding announcement to share? Want to share your favorite street festival? Send us an email: [email protected]
π° Notable News
Exits
Chicago-based brokerage Hub International target $3B IPO
Startup Funding
Keyfactor - $1B Strategic Growth Investment led by Summit Partners | Cleveland
EDX Markets - $76M Series C led by SBI Holdings | Chicago
Tugboat - $3M Seed led by Resilience VC | Grand Forks, ND
CentSight - $1.5M Pre-Seed led by Mudita Venture Partners | Cleveland
Immigify - $1M Pre-Seed led by M25 | Omaha
VC Funds
Valor Equity Partners - Raising $2.5B FVII | Chicago
CincyTech - $34.5M FIV | Cincinnati
Other News
Have exciting news to share? If you're announcing a funding round, exit or other milestone, send your press release to [email protected] to be featured. While we canβt share everything, we love to feature great stories from across the region.
π Mark your Calendar
Need to fill your social calendar? Weβve scoured newsletters, scanned LinkedIn and found some of the latest tech + startup events in the region. Know of any upcoming events and want to share them in our next newsletter? Send us an email: [email protected]

