After weeks in which our tracking came back with minimal investments, the second half of September really has been kinder to the region. This week we tracked six deals across Illinois, Indiana and Michigan, matching last week's count.
Disclosed dollars tell a similar story. The four deals with a published figure come to $89.6 million, comfortably ahead of the week ending September 11th at $53.8 million, the week before that at $22.25 million, and the last full week of August at $40.8 million. It falls short of the last week when two nine-figure rounds did most of the lifting, but two consecutive weeks at this kind of volume make for a far healthier run than the late-summer lull that came before them.
Most of this week's figure comes from a single Chicago round, Go.AI's $85 million Series A, and Chicago accounts for half of the list overall. Two of the six are non-dilutive, a National Cancer Institute grant for Kovina Therapeutics in Indianapolis and a PitchMI award for Detroit's Common Vector Robotics, while the remaining two Chicago deals, for Rising Tide and Aligned Modern Health, came without a disclosed amount.
Here are the Midwest investments from across the great states of Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin that we've been able to track and verify this week, ending September 25th, 2026.
As always, every company and investor below can also be found in our startups and investors database.
While you're here: If you'd like to make sure you're notified about any funds raised from the six states we cover, then make sure you're subscribed to our newsletter
Go.AI
Business Type: Artificial Intelligence
Amount Raised/stage: $85m Series A
What they do:
Provides on-premises AI hardware and software platform for regulated industries, enabling secure, compliant deployment, auditability, and scalable AI workloads without transmitting data to third parties.
Kovina Therapeutics
Location: Indianapolis, Indiana
Business Type: Biotech
Amount Raised/stage: $2.3m National Cancer Institute grant
What they do:
Develops an HPV-targeted cancer therapy, now funded by a $2.3 million National Cancer Institute grant to advance research and clinical development.
Marel Power Solutions
Business Type: Mobility
Amount Raised/stage: $1.9m
What they do:
Develops compact, high-density power-stack platforms for EV inverters, battery systems, data-center and defense power conversion, delivering more power in less space at lower cost.
Common Vector Robotics
Location: Detroit, Michigan
Business Type: Advanced Robotics
Amount Raised/stage: $425,000 PitchMI award
What they do:
Develops rugged autonomous ground robots with integrated hardware—battery, control, suspension—for defense, logistics, and mission-critical field operations, offering modular platforms for payloads, sensing, and communications.
Rising Tide
Location: Chicago, Illinois
Business Type: Artificial Intelligence
Amount Raised/stage: Undisclosed seed round
What they do:
Acquires and invests in independent residential property-management firms, delivering shared AI technology, capital, and back-office support while preserving each firm's local brand, team, and owner relationships.
Aligned Modern Health
Location: Chicago, Illinois
Business Type: Healthtech
Amount Raised/stage: Undisclosed majority growth investment from Arcventis Health Partners
What they do:
Provides physician-led functional medicine, hormone and peptide therapies, plus chiropractic and acupuncture, using advanced diagnostics and personalized, root-cause care across clinics and telehealth nationwide.
Want to know more?
Read the latest quarterly funding reports for each state here:
Illinois startup funding - Q2 2026
Indiana startup funding - Q2 2026
Ohio startup funding - Q2 2026
Michigan startup funding - Q2 2026
Minnesota startup funding - Q2 2026
Wisconsin startup funding - Q2 2026
While you're here: If you'd like to make sure you're notified about any funds raised from the six states we cover, then make sure you're subscribed to our newsletter
