Ohio company acquired for $510M | Iowa Fintech fund closes at $250M | $20M for dairy innovation

What is fueling Fast Future Country innovation? In this weekly feature, we share a variety of announcements covering funding, acquisitions, exits, grants and everything in between. Got something to celebrate? Click here to share your story.

  • CINCINNATI, OH—In a massive startup exit, Mason, Ohio-based VNDLY, a provider of cloud-based workforce management tech, will be acquired for $510 million. California-based tech company Workday Inc. has entered into a definitive agreement to acquire the company before Jan. 31, 2022.
  • SOUTH BEND, IN—FloWaste, Inc., a startup focused on reducing food waste has closed on a $1.1 million pre-seed round of funding. FloWaste’s platform uses machine learning to track data for customers about the amount of food being discarded on their premises. The company plans to use the funding to address the challenges of creating a hardware system from scratch.