FUELING THE FUTURE: AgBiome lands $116M | $175M for Madison tech center | $36M for data innovation

  • PITTSBURGH, PA—Cascadia Capital, a Seattle-based investment banking firm founded more than two decades ago, filed last month to raise $150 million for its own SPAC called Cascadia Acquisition Corp. The firm aims to purchase a tech company as part of the “fourth industrial revolution,” in sectors such as AI, computer vision and blockchain and is currently eyeing the Pittsburgh area.
  • INDIANA—Fueled with a $36 million grant from Lilly Endowment Inc., the Central Indiana Corporate Partnership has launched an initiative called AnalytiXIN to promote innovations in data science throughout Indiana. The strategy is to build connections between the state’s manufacturing and life sciences companies and university researchers who can help them use AI and data analytics to tackle big challenges.