Best High Tech Companies in Minneapolis, United States
The 84 best High Tech companies in Minneapolis, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Niron Magnetics.
Our analysis of 306 High Tech companies
$95.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best High Tech companies in Minneapolis
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Niron Magnetics Manufacturer of high-performance, rare-earth-free permanent magnets 60Funding top 16%Product top 21%News top 27%Moat top 28% All 10 signals ▾Fundingtop 16% Producttop 21% Newstop 27% Moattop 28% Talenttop 28% Patentstop 29% Innovationtop 35% Techtop 46% Globalbottom 43% Marketbottom 38% Funding: Raised $214M across 10 rounds · 10 rounds over 10 yrs (1.0/yr) Product: 8 distinct product lines · Company stage: Series D rank vs industry peers · Fliar Intelligence Index 60/100 | $214M | 8 mo ago | 49 | Jian Wang Co-Founder | Framer SitesReactPriority Hints+6 | 25 patents High‑performance iron‑nitride permanent magnets and advanced magnetic circuit designs | — |
| 2 | Hara Cloud-based solution for energy and sustainability management | $45M | 181 mo ago | 630 | — | — | — | — |
| 3 | 75F Provider of IoT-based building energy management systems 53Tech top 26%Funding top 33%Moat top 36%Growth top 40% All 11 signals ▾Techtop 26% Fundingtop 33% Moattop 36% Growthtop 40% Producttop 40% Marketbottom 49% Talentbottom 49% Globalbottom 45% Fin. healthbottom 41% Customersbottom 30% Newsbottom 21% Tech: 40 technologies across 6/8 capability areas · Cloud: Cloudflare, Netlify Funding: Raised $36.3M across 10 rounds · 10 rounds over 12 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $36M | 16 mo ago | 175 | Deepinder Singh Co-Founder & CEO | DatoCMSSentryApple iCloud Mail+23 | — | 1 partnership · 1 expansion |
| 4 | Qterics Device management platform for IoT applications | $26M | 138 mo ago | — | Kurt Thielen President & CEO | — | — | — |
| 5 | Sentek Systems Precision agriculture solutions: drones, sensors, software, and ground control stations | $23M | 68 mo ago | 3 | Kimberly Salant CEO | — | — | — |
| 6 | RxFunction Provider of wearable prosthesis for people with sensory peripheral neuropathy | $19M | 43 mo ago | 30 | Lars Oddsson CTO & Co-Founder | WordPressApple iCloud MailMicrosoft 365+23 | 26 patents Sensory nerve stimulation and feedback systems for gait and balance enhancement | 2 job openings · 1 award |
| 7 | ObjectFX Software developer for mapping and other location based services | $15M | 201 mo ago | 27 | — | — | 2 patents High-performance server architectures for large-scale spatial data processing | — |
| 8 | Humanetics Corporation Clinical-stage biopharma company developing radiation modulators as therapeutics for solid cancers | $13M | 31 mo ago | 4 | Ronald Zenk Chief Executive Officer and member of the Board of Directors | — | 99 patents Pharmaceutical genistein formulations for inflammatory/respiratory disorders and radiation sensitizers. | — |
| 9 | Sleep Number Provider of smart beds and sleep technology for personalized comfort and wellness | $10M | 200 mo ago | 2,328 | Robert Walker Co-Founder | Amazon WebstoreCart FunctionalityApple iCloud Mail+39 | 781 patents adjustable air mattress sleep systems with health monitoring and temperature control | — |
| 10 | Prevent Biometrics Provider of wearable devices to detect concussion-causing impacts in sports | $9M | 52 mo ago | 17 17 → 32 (+88%) | Steve Washburn Co-Founder & CEO | — | 22 patents Wearable head impact and blast monitoring sensors for sports and military concussion prevention | 2 awards |
| 11 | BioCoach Provider of smart device and app for tracking body vital parameters | $4M | 51 mo ago | 14 | Matt Payne Founder & CEO | — | — | — |
| 12 | Hysitron Nanoanalysis and nanomechanical analysis equipment | $4M | 200 mo ago | 71 | Thomas Wyrobek Co-Founder & CEO | — | 127 patents Nanoindentation and nanomechanical testing instrumentation for material characterization | — |
| 13 | Spawning Platform offering AI tools for artists | $3M | 37 mo ago | 6 | Patrick Hoepner Co-Founder | SentryMUIReact+8 | — | — |
| 14 | Exosite Acoustics based condition monitoring solutions | $3M | 131 mo ago | 42 | — | — | 18 patents Secure IoT device provisioning, network access, and blockchain scalability solutions. | — |
| 15 | OrthoCor Medical Pulsed Electromagnetic Field therapy, a non invasive approach to pain relief | $2M | 169 mo ago | 11 | — | WordPressMySQLPHP+28 | — | 3 launchs |
| 16 | Sensurion Drone services and solutions for data collection, mapping, and industry applications | $2M | 121 mo ago | 11 | — | — | — | — |
| 17 | The Energy Detective Energy management solution for residential and commercial applications | $2M | 197 mo ago | 7 | Scott Anderson Co-Founder | Cart FunctionalityApache HTTP ServerjQuery UI+9 | — | — |
| 18 | ReconRobotics Manufacturer of tactical and micro-robot systems with military applications | $2M | 151 mo ago | 12 12 → 19 (+58%) | Alan Bignall ex-President & CEO | WordPressApple iCloud MailMicrosoft 365+21 | 88 patents Modular throwable mobile robots with magnetic locking and climbing capabilities for logistics | — |
| 19 | HabitAware Smart bracelet and system for body-focused repetitive behavior awareness | $770K | 34 mo ago | 8 | — | Cart FunctionalityShopifyGlopal+29 | — | — |
| 20 | Geofinancial Analytics Provider of satellite-based solutions for detecting fugitive gas emissions | $570K | 13 mo ago | 9 | Mark R Kriss Co-Founder & CEO | — | — | — |
| 21 | SuraMedical Provider of a wearable device for chronic wound care | $299K | 57 mo ago | 4 | Jonathan Engel Co-Founder and Chief Technology Officer | — | 2 patents Wearable sensor systems for chronic lower‑extremity wound monitoring and management | — |
| 22 | CoraVie Developer of FDA-approved patent-pending devices for the treatment of cardiac health | $295K | 46 mo ago | 2 | — | — | — | — |
| 23 | The Jenny Project AI-based survey assistance platform | $150K | 19 mo ago | — | Bailey Hill Co-Founder and VP of Engineering | — | — | — |
| 24 | FLUID Labs Smart water meter for home water management | $115K | 113 mo ago | 4 | Joshua Becerra Co-Founder | — | — | — |
Top 12 High Tech companies in Minneapolis
#1
Series D · Minneapolis, Minnesota · founded 2015 · 49 employees$213.6Mraised▾
Manufacturer of high-performance, rare-earth-free permanent magnets. It utilizes Iron Nitride technology for magnet production, offering a secure and sustainable supply chain. The magnets are designed for various applications, including industrial motors, audio devices, automotive components, and defense systems. The company provides customized application support and leverages a substantial intellectual property portfolio in magnetics. Its manufacturing process is closed-loop, minimizing waste and resource consumption.
- Sep 2025Grant (prize money)$2.3M
- May 2025Grant (prize money)$20M
- Mar 2025Grant (prize money)$20M
- Dec 2023Series D$90.6M
#2
Series B · Minneapolis, Minnesota · founded 2012 · 175 employees$36.3Mraised▾
Provider of IoT-based building energy management systems. These systems utilize smart sensors and controls to optimize building efficiency, improving indoor air quality and reducing energy consumption. The company offers a suite of software and hardware components, including sensors, controllers, and mobile applications, to provide comprehensive building automation. This includes features such as predictive analytics and remote access capabilities for facility management. The systems are designed for various building types, enabling customized solutions to meet specific needs. The company also provides support and resources to help clients optimize comfort and savings.
- Feb 2025Series B$45M
- Jul 2021Series A$5M
- Apr 2021Series A—
- Mar 2021Series A$4.8M
#3
Seed · Minneapolis, Minnesota · founded 2012 · 5 employees$90Kraised▾
Rowbot Systems has developed a robotic solution for precision dispensation and maintenance of nitrogen in farms, especially corn farms where it is difficult to apply nitrogen as the corn crop grows tall very fast. The solution involves a self driving multi use platform that can travel between the rows of corn crop removing height constraints imposed by a rapidly growing crop. These platforms named Rowbots work in a team to cover the entire field.
- Feb 2026Seed$25K
- Aug 2024Seed$90K
- Jul 2024Grant (prize money)$181.5K
- Jan 2022Grant (prize money)$256K
#4
Funding Raised · Minneapolis, Minnesota · founded 2018 · 9 employees$570Kraised▾
Provider of satellite-based solutions for detecting fugitive gas emissions. The company offers a "Methane scan" - that detects methane hotspots and provides material risks such as laggard performance on methane emissions via satellite remote sensing. Other offerings include global well production data, live datasets, alerts, risk scores, and more. The company offers all the features on a monthly subscritpion-based plan.
- Apr 2025Grant (prize money)$295K
- Jul 2024Grant (prize money)$275K
#5
Funding Raised · Minneapolis, Minnesota · founded 1988 · 4 employees$12.6Mraised▾
Humanetics Corporation is a clinical-stage biopharma company developing radiation modulators as therapeutics for solid cancers. Their lead candidate, BIO 300, is being developed as an agent to both sensitize tumor cells to enhance radiation treatment efficacy and to protect normal tissues from harm. The active in BIO300 is synthetic nanoparticle genistein, known to be a potent tyrosine kinase inhibitor (these kinases are often over-expressed in cancers). The company has received 4 grants from SBIR, of a total value of $1.12M. Humanetics has also received $8M in funding from the U.S. Department of Defense (DoD) to develop BIO 300 as a new medical radiation countermeasure (MRC) for lethal exposure to radiation.
- Oct 2023Grant (prize money)—
- Sep 2023Grant (prize money)$298.5K
- Jul 2022Grant (prize money)$5.1M
- Jun 2021Grant (prize money)—
#6
Series B · Minneapolis, Minnesota · founded 2010 · 30 employees$19.4Mraised▾
RxFunction provides wearable prostheses for people with sensory peripheral neuropathy. It develops advanced balance technology solutions, aiming to aid patients with loss of balance. The product consists of a leg unit and a footpad (insoles). The product's insoles measure the patient's foot pressure and provide real-time tactile sensory cues to help control balance and stability. The leg unit wraps around the lower leg of the user and contains electronics for reading the insole signals, a microprocessor as well as four vibrating motors that provide tactile sensory cues to the user.
- Oct 2022Series B$5M
- Jan 2021Series A$292.4K
- Dec 2020Series A$4M
- Mar 2020Series A$4M
#7
Series B · Minneapolis, Minnesota · founded 2006 · 3 employees$23.1Mraised▾
Precision agriculture solutions: drones, sensors, software, and ground control stations. The company specializes in providing cutting-edge technology for precision agriculture, offering a range of multi-spectral drone kits, scientifically calibrated multi-spectral cameras, and ground control stations. Their expertise lies in precision guidance, navigation, and control, as well as signal processing algorithm development. They provide solutions for flight planning, image collection, and the creation of accurate mosaics and vegetation index data layers. Their software suite enables image analysis, orthomosaics, GPS markers, distance measurements, and area statistics. They offer accessories for sensors and drones. They focus on fast, reliable, and calibrated remote sensing solutions.
- Oct 2020Series B$5M
- Jul 2019Series A$3.9M
- Jul 2017Series A$9.5M
- Jan 2017Seed$1.3M
#8
Seed · Minneapolis, Minnesota · founded 2024$150Kraised▾
AI-based survey assistance platform. It helps to complete surveys and conduct studies on human behaviour.
- Nov 2024Seed$612.5K
- Feb 2024Seed$150K
#9
Series B · Minneapolis, Minnesota · founded 2015 · 17 employees$9.2Mraised▾
Provider of wearable devices to detect concussion-causing impacts in sports. It offers a connected mouthguard that monitors data related to the direction, force, and location of the impact. The data is analyzed in real-time to detect if the impact is dangerous and an alert message is sent to the coach using a mobile app to the coach. It caters to multiple sports like football and rugby.
- Feb 2022Series B$5M
- Apr 2017Series A$3.8M
- Jan 2017Grant (prize money)$2.9M
- Jan 2016Seed$300K
#10
Acqui-Hired · Minneapolis, Minnesota · founded 2008 · 630 employees$45Mraised▾
Cloud-based solution for energy and sustainability management. It provides energy and sustainability professionals information to analyze, track, report, and execute cost-saving measures from water management, waste management, and other segments. Its platform compiles compliance requirements, efficiency targets, and operational improvements reports for measuring the effect of the measures on sustainability.
- May 2011Series C$25M
- Sep 2009Series B$14M
- May 2009Series A$6M
#11
Seed · Minneapolis, Minnesota · founded 2022 · 6 employees$3Mraised▾
Platform offering AI tools for artists. It offers tools and services to enable artists to control the use of their content in AI training datasets. It provides an API and open-source Python package to expand the breadth of content that can be controlled by creators.
- May 2023Seed$3M
#12
Acquired · Minneapolis, Minnesota · founded 2001$26Mraised▾
Qterics has developed a platform called NetReady that can be used for managing connected devices in IoT applications. The platform allows the user to connect various IoT devices to the internet and monitor them remotely using a single platform. The platform also provides update services which can be used to send or install upgraded to the connected devices. The company was acquired by Silicon Image in May 2014 and its name was changed from UpdateLogic to Qterics.
- Dec 2014Series D$7M
- Dec 2012Series D$11M
- May 2008Series C—
- Mar 2006Series B$4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of High Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Semiconductors is moving in the United States
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 8,739 United States-affiliated papers.
- Georgia Institute of Technology489
- IMEC343
- Intel325
- Purdue University West Lafayette218
- Industrial Technology Research Institute177
- Photonics56→121
- Photonic integrated circuit49→81
- Artificial neural network3→29
- Detector25→48
- Scalability53→73
- Photonics45→59
- Artificial neural network2→14
- Rapid single flux quantum2→12
- Detector20→29
- Image sensor2→11
- Photonics10→28
- Hardware security module6→13
- Thermal10→16
- Automotive industry2→8
- Photonic integrated circuit9→14
Where semiconductors is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing semiconductors patents in the United States
United States semiconductors patent filing is cooling — 112,775 filings from 8,000 assignees (2016–2025), led by IBM, Applied Materials, Intel; annual filings 11572→7675.
- IBM19691
- Applied Materials13119
- Intel11689
- Micron Technology10011
- Texas Instruments4804
- LAM RES4667
- Sandisk Technologies3051
- Qualcomm2897
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.