Arizona farmers struggling to grow crops because of drought conditions now have another challenge — tech companies that also rely on large amounts of water are expanding throughout the state.
Arizona
Phoenix Business journal: NortonLifeLock says it will appeal $185M verdict in patent infringement case
A federal jury ordered NortonLifeLock Inc. to pay more than $185 million in damages in a cybersecurity patent infringement lawsuit.
AZ Inno: Better Agency raises $8M to scale up insurance-tech platform
Better Agency, a Gilbert software company that makes a platform for independent insurance providers, has raised $8 million in series A financing to help the company scale.
Phoenix Business Journal: VirTra military, firearms training simulator company names co-CEO
The new C-suite exec at VirTra Inc. has high-level experience in the same military training simulator market as the Tempe-based company.
AZ Inno: Atlis Motor Vehicles looks to go public with Nasdaq listing this summer
Atlis said it expects to start trading on the Nasdaq under ticker symbol “AMV” as soon as this summer. The company had yet to file its initial registration and disclosure paperwork with the Securities and Exchange Commission as of Wednesday morning.
AZ Inno: AWS expands free cloud computing training program into Phoenix
Amazon Web Services is expanding a free training program into Phoenix that aims to get people with little or no experience into new jobs in cloud computing.
AZ Inno: Arizona VC investment keeps pace as industry cools from 2021 highs
New quarterly data from PitchBook and the National Venture Capital Association shows that investment in high growth startups is down compared to last year’s record-shattering figures, but still well above pre-pandemic levels.
AZ Inno: Spaced out: UArizona tops out new $85M research facility in Tucson
Expected to be completed by January 2023, the 89,000-square-foot Applied Research Building will be the future home for research furthering space exploration, advanced manufacturing and the development of imaging technology.
Phoenix Business Journal: Intel takes another step towards Mobileye IPO valued at $50B
Intel Corp.’s Mobileye has reportedly hired bankers to prepare for an initial public offering later this year that values the self-driving car business at about $50 billion.
Arizona Public Media: Biosphere 2 starts a tech incubator
The University of Arizona’s Biosphere 2 has added a new function — that of tech business incubator.
