Trinity Capital Inc., a leading provider of diversified financial solutions to growth-stage companies, announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter, bringing total new commitments for the first … [More]
Phoenix-Based Funder Shelled Out Record $474 Million in the First Half of 2024
$576 million of commitments through the first half of 2024
Avnet Launches New Brand to Consolidate Embedded Compute Options
Avnet announces the launch of a new product brand Tria™ and corresponding business called Tria Technologies to consolidate its compute design and manufacturing. The Tria brand will be the new name for embedded compute boards, systems and associated design and manufacturing services at Avnet. “The new brand embodies Avnet’s unique ability to deliver standalone modular … [More]
Arizona’s Mortgage Assistance Program Hits Milestone, Closes First 100 New Homes
100 middle class families have closed on a new home using the Arizona Is Home mortgage assistance program. The program, which was first announced in Governor Hobbs’ State of State earlier this year, is tailored to help middle class families across the state purchase their first home through down payment assistance and interest rate relief. “I was born and raised in an Arizona … [More]
Bistro Opens Third East Valley Location
Local family-owned restaurant Perfect Pear Bistro is set to open the doors to their third Valley restaurant this Monday, July 15, 2024. Situated just east of Loop 101 on Chandler Blvd., the new location marks the expansion of the popular eatery into the Chandler area. Known for their award-winning grilled cheeses and expansive menu that satisfies all taste palates and … [More]
Scottsdale’s Most Prolific Nightlife Promoter Talks Global Expansion and Building Business in Scottsdale
He goes to sleep most days when the rest of The Valley is just starting to wake up. He doesn’t drink himself but he also doesn’t miss a party at Scottsdale’s hottest night club or big event. For more than 15-years it has been Gem Ray’s business to know everyone and everything happening in the Scottsdale nightlife scene. As the owner and founder of Scottsdale Nights, Gem … [More]
West Valley Build-to-Rent Development Gets $51.5M in Construction Financing
Tower Capital arranged $51.5 million in non-recourse construction financing for the development of Skyview by Zen, a 190-unit Build-to-Rent (BTR) community in Phoenix’s West Valley. Tower Capital’s Kyle McDonough, Managing Partner and Co-Founder, and George Maravilla, Partner, arranged the financing on behalf of Zen and 10Y. “Zen’s development strategy is to deliver a West … [More]
Barrett-Jackson Announces Presenting Sponsor of Scottsdale Fall Auction
Barrett-Jackson, The World’s Greatest Collector Car Auctions, is excited to announce Gila River Resorts & Casinos, the largest gaming enterprise in the in the Phoenix metropolitan area, as the presenting sponsor of the Barrett-Jackson 2024 Scottsdale Fall Auction at WestWorld of Scottsdale, October 10-13, 2024. This dynamic partnership promises an unparalleled experience … [More]
Tech Co. Pushes STEM Summer Camps, Giving Students a Jumpstart for School
GenTech, a community tech hub, encourages parents to use the final two weeks of summer to give their kids a jumpstart for school with STEM-focused summer camps in North Phoenix and Peoria that will develop technical skills for kids as young as five-years-old. The last four camps available this summer: Radical Robots, Gadget Gurus, Rocket Science, and Drone Discovery, which … [More]
New York City-Based Design Firm Opens Phoenix Regional Office
Industry leaders Ben Ayers and Hannah Hackathorn to co-lead new Phoenix office
Mancini Duffy, a national design firm with a 100+-year-old history and tech-driven approach, announced the opening of its sixth regional office in Phoenix, Arizona. This expansion to the Southwest region brings Mancini's pioneering design solutions to a thriving new market, spearheaded by industry leaders Benjamin Ayers, AIA, NCARB, and Hannah Hackathorn who have joined the … [More]
Acquisition of Ohio-Based Software Provider Opens New Channels and Fuels Growth for Phoenix-Based Kinective
Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, announced the acquisition of Ohio-based Nexus Software, a market leader in branch device management for financial institutions. This strategic acquisition boosts Kinective's position as a market leader in banking software, driving transformation in retail … [More]
Foundation Grants $250,000 to Help Free Arts for Abused Children Expand throughout the State
Free Arts for Abused Children of Arizona, a leading nonprofit dedicated to transforming children’s trauma to resilience through the arts, has been awarded a $250,000 grant from The Bob & Renee Parsons Foundation to expand and enhance their programming throughout the state. Matt Sandoval, executive director of Free Arts for Abused Children of Arizona, stated, “We believe … [More]
Local First Arizona Launches Grant Writing Services for Rural Energy for America Program
Nonprofit aims to connect Arizona small businesses, tribal communities with $30 million in federal funding to install solar, improve energy efficiency and reduce utility bills
With a mission to break down barriers for Arizona small business owners to receive crucial grant funding through the federal Rural Energy for America Program (REAP), Local First Arizona is proud to announce the launch of its REAP grant writing assistance center. Targeted at assisting rural and tribal small businesses and agricultural producers from across the state of … [More]
Food Franchise Debuts Five New Southwest-Style Grill Concept Locations in Arizona
GoTo Foods, the parent company of Auntie Anne’s®, Carvel®, Cinnabon®, Jamba®, McAlister’s Deli®, Moe’s Southwest Grill, and Schlotzsky’s®, announces the expansion of Moe’s Southwest Grill into Arizona with a five-unit franchise agreement that will bring locations to the greater Phoenix area. Behind the deal are serial entrepreneurs and father-son team, Tony and Namit Mangat. … [More]
Outpatient Behavioral Health Co. Opens First Clinic in Arizona
Harmony Bay, a leading national outpatient behavioral health organization, is pleased to announce the opening of its first Arizona facility in Scottsdale. This new clinic will provide comprehensive mental health treatment programs for conditions such as depression, anxiety, bipolar disorder, PTSD, and co-occurring substance use disorders. Unique to Harmony Bay, the clinic … [More]
All-Women Cohort Launched for Advanced Manufacturing Apprenticeship Pilot Program
In a significant move towards empowering women in advanced manufacturing and building a diverse Arizona workforce, Intel has partnered with Fresh Start Women’s Foundation to recruit its first all-women cohort for the launch of its inaugural apprenticeship program for manufacturing facility technicians. This initiative underscores Fresh Start’s commitment to equipping Valley … [More]
Texas-Based Management Services Org. Poised to Better Fulfill Healthcare Needs of Senior Adults in Arizona
IntraCare, a prominent Texas-based Management Services Organization (MSO), is continuing to steadily gain ground in the Arizona healthcare market with its growing collective of care practitioners and the widening range of healthcare services they offer. As a result, IntraCare is poised to become a front-running MSO for the state's healthcare providers. IntraCare serves more … [More]
Phoenix-Based Investment Co. Provides $15M in Growth Capital to Houston Medical Devise Manufacturer
Trinity Capital Inc., a provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $15 million in growth capital to Velentium, a professional engineering firm that specializes in the design and manufacture of innovative medical devices. Based in Houston, Velentium designs, develops, manufactures, and provides post-market … [More]
Goodyear’s Growth Continues with Opening of Homebuilder’s Energy-Efficient Community
Meritage Homes, the fifth largest public homebuilder in the U.S., has announced the grand opening of a new home community in Goodyear, Silva Farms. Silva Farms is a gated community featuring 13 floorplans, a clubhouse, community pool, basketball court, walking trails, and more. Silva Farms is the latest and the largest of three new home communities Meritage has opened in the … [More]
