Glendale-Based FinTech Co. Honored for Making CRE Private Credit More Accessible

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AVANA Companies, a comprehensive lending and asset management ecosystem, was named a winner of the 2024 FinTech Breakthrough Awards for “Best Real Estate Investment Platform” highlighting EqualSeat. The 8th annual FinTech Breakthrough Awards program recognizes companies and products in the global financial services and technology industry. EqualSeat is a real estate debt … [More]

Sustainable Climate Tech Manufacturer Breaks Ground in Mesa

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XNRGY, a North American leader in sustainable HVAC solutions, announced the groundbreaking of its new state-of-the-art manufacturing facility in Mesa, Arizona. The first phase of the Arizona facility encompasses a significant 275,000 square feet, surpassing XNRGY's Montreal headquarters at 223,000 square feet. This initial investment signifies a key milestone in XNRGY's … [More]

2024 Venture Madness Winners Announced

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The Arizona Commerce Authority (ACA), in partnership with Venture Madness, announced three winners for the 2024 Venture Madness Conference. Arizona’s longest-running pitch competition, Venture Madness features early stage and emerging growth companies and offers participants exclusive access to the region’s most active, accredited angel investors and venture capital firms. … [More]

Cox Opens More Than 800K WiFi Hotspots Valley Wide to Keep Sports Fans Connected

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Cox is announcing free access to 800K+ Cox-powered WiFi hotspots across Metro Phoenix through April 13. See link for map. Since the free hotspots opened up to the public on March 25th, Cox has seen more than 20K user sessions. At a time when the Valley will host more than 300K visitors for college basketball’s most important match ups, Cox is committed to keeping fans … [More]

Supporting Disrupted ASIC Programs amidst Foundry Consolidations

Local company brings leading-edge technology to the forefront for the A&D market

by Marti McCurdy

The microelectronics supply chain has seen its share of challenges in recent years, while efforts to ensure its stability in the U.S. are unprecedented. One way that companies ensure semiconductor supply continuity is by developing their own Application Specific Integrated Circuits, or ASICs. An ASIC contains multiple components designed to work together to perform a specific … [More]

Phoenix First in Nation to Sponsor Semiconductor Apprenticeships

by Stephanie Quinn

Phoenix recently became a focal point in the semiconductor industry's future, hosting an event by the National Institute for Innovation and Technology alongside the Semiconductor Industry Association. This gathering underscored Arizona's vital role in the industry and celebrated the launch of the state's first semiconductor technician registered apprenticeship program. … [More]

AI Can Advance Workplace Gender Equity

by Mike Hunter

It's essential to approach artificial intelligence with a critical eye, recognizing its potential to both challenge and reinforce societal biases. “As we integrate AI into the workplace, continuous efforts must be made to make sure these technologies are designed and implemented in a way that promotes equity. This includes diverse teams in AI development, transparent AI models, … [More]

Kicbac: Revolutionizing Payment Solutions

by Holly Morgan

In a world where digital transactions reign supreme, finding the right payment solution can make or break a business. Enter Kicbac, a game-changing fintech innovation that's rewriting the rules of payment processing. Founded by a team of seasoned fintech experts who grew weary of the shortcomings of existing payment solutions, Kicbac is on a mission to deliver a reliable, … [More]

AZ Power Wash Pros Introduces Eco-Friendly Technology 

by Brandon Carnicle

In the last decade, the power washing industry has witnessed remarkable technological advancements that have not only enhanced the efficiency and effectiveness of cleaning processes but also significantly contributed to environmental sustainability. One of the most significant advancements in power washing technology is the introduction of variable pressure control systems. … [More]

EWA Provider for Small and Mid-Sized Businesses Raises $15M, Adding New Investors following Strong Growth and Momentum

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ZayZoon, the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, announced it has raised US $15 million in an extension of its Series B financing. This round extension brings ZayZoon’s total Series B funding round to 49.5 million USD. The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture … [More]

Small Businesses Adopting AI Expect to Thrive Against Competitors

New study from GoDaddy finds 75% of entrepreneurs believe generative AI gives them an edge 

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New research from GoDaddy (NYSE: GDDY) shows that entrepreneurs are quickly embracing generative AI (GenAI) and increasingly using the rapidly evolving technology to run and grow their small businesses. GoDaddy’s January survey of over 500 U.S. small business owners found that they expect GenAI to give them a competitive edge over other small or similar-sized businesses … [More]

Arizona Gigafactory Partnership Brings Next Phase for Battery Manufacturer

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American Battery Factory Inc., an emerging battery manufacturer leading the development of the first network of lithium iron phosphate (LFP) battery cell gigafactories in the United States, announced its partnership with Lead Intelligent Equipment to secure custom automation equipment and machinery for use in its first gigafactory up to 20 GWh in Tucson, Arizona.  The … [More]

AI Advancing Workplace Gender Equity

inbusinessPHX.com

It's essential to approach AI with a critical eye, recognizing its potential to both challenge and reinforce societal biases. “As we integrate AI into the workplace, continuous efforts must be made to make sure these technologies are designed and implemented in a way that promotes equity. This includes diverse teams in AI development, transparent AI models, and ongoing … [More]

ASU Partnership to Pioneer North America’s First R&D Center for Advanced Packaging

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Arizona State University and Deca Technologies, a premier provider of advanced wafer- and panel-level packaging technology, announced a groundbreaking collaboration to create North America’s first fan-out wafer-level packaging (FOWLP) research and development center. The new Center for Advanced Wafer-Level Packaging Applications and Development is set to catalyze innovation in … [More]

Public-Private Investments Leads ‘Fall Risk Technology’ to Major Acquisition

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The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that Healthcare Outcomes Performance Company has acquired MyACTome, a smartphone-based fall risk and frailty assessment platform and cohort member of the WearTech Applied Research Center. The fall risk applied … [More]

Arizona’s Largest Battery Is Now Operating, Supporting Google and Other Clean Energy Resources

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Salt River Project (SRP) and NextEra Energy Resources, LLC, announced Arizona’s largest operational battery energy storage system is now online. Sonoran Solar Energy Center is a 260-megawatt (MW) solar facility with the ability to charge a 1 gigawatt-hour (GWh) battery energy storage system, located south of Buckeye, Arizona. The solar and battery storage system is adding clean … [More]

New Dark Fiber Connectivity to Span Nine Valley Cities, Area Universities, Major Data Centers

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Light Source Communications, a leading provider of secure, scalable, reliable connectivity on state-of-the-art dark fiber networks, announces the commencement of a new dark fiber route in the Phoenix, Ariz. metro area, following its deal with a major global hyperscaler as the anchor tenant. Once complete, this project will encompass nine cities, universities and several data … [More]

Chandler-Based MRAM Technologies Co. Seeks U.S. CHIPS and Science Act Funding

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Everspin Technologies Inc., a market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program, which is part of CHIPS for America, with a full application submitted to the National Institute of Standards and Technology, a bureau of the U.S. Department of Commerce. The submitted application is for additional 200mm MRAM … [More]

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