VENTURE CAPITAL & INVESTMENT

Utah venture capital: funding, investors and company growth

Utah’s venture-capital market connects founders and growing companies with local funds, national investors, strategic partners and the capital required to scale. This hub follows financing rounds, fund activity, acquisitions, exits and the broader investment trends shaping where capital is moving across Utah’s innovation economy.

FROM THE SIGNAL

Latest Utah venture capital news and funding

Updated October 5–11, 2026 · New analysis added weekly

DEFENSE · VENTURE CAPITAL

Fortem closes $50 million Series B

Lindon-based Fortem Technologies completed a $50 million Series B led by Lockheed Martin, with participation from Unusual Machines and other strategic and institutional investors. The completed round includes the $25 million initial investment Lockheed announced earlier this year.

Issue 09 · September 28–October 4, 2026Read the analysis

TECHNOLOGY · M&A

Domo’s operating business moves to Progress as Huckleberry.ai begins its next chapter

Progress Software completed its $400 million purchase of substantially all the assets of Domo’s AI and data-platform business and assumed certain liabilities. The remaining public company changed its name to Huckleberry.ai and began trading under the symbol HUCK.

Issue 08 · September 21–27, 2026Read the analysis

CAPITAL MARKETS · INSURTECH

Bamboo Insurance tests the public markets with a major offering

Midvale-based Bamboo Insurance set terms for a proposed New York Stock Exchange listing under the symbol BMB. Selling shareholders are offering 35 million shares at an expected price of $18 to $20, implying proceeds of up to $700 million and a potential valuation above $3 billion.

Issue 07 · September 14–20, 2026Read the analysis

ROBOTICS · VENTURE

Salt Lake City robotics startup Peppy closes a pre-seed round

Peppy announced an undisclosed pre-seed financing led by Element Ventures, with participation from Rock Creek Capital, Mana Ventures and Colin Gardiner of Yonder. The company is developing a text-to-code platform for prototyping robotic behaviors.

Issue 02 · August 10–16, 2026Read the analysis

ABOUT THIS TOPIC HUB

Coverage and sources

Follow Utah venture-capital deals, funding rounds, investors, fund activity, acquisitions and exits, with links to full analysis and original sources.