Minnesota’s Economic Engine (2026): The Headquarters Advantage and the Next-Wave Challenge This report is built around a simple idea: if we want to understand how Minnesota is performing, we need to measure it against relevant peers using consistent metrics. Grant Gibson • Ecosystem
HaystackID Acquires eDiscovery AI to Expand GenAI Legal Workflows HaystackID announced on Feb. 26, 2026 that it has acquired eDiscovery AI Next In the North • Funding
Eden Prairie’s Arctic Wolf Acquires Sevco Security to Expand Exposure Assessment on Aurora Platform Arctic Wolf announced it has acquired Sevco Security Next In the North • Funding
Entravia Launches Infrastructure Platform Powering PEO & Broker Sales Entravia, a B2B infrastructure company powering PEO and broker sales workflows, announced they have raised a $550K Pre-Seed led by M25, with participation from Rex Salisbury’s Cambrian Ventures. Next In the North • Funding
Traction Capital Invests in Edina-Based Twyst to Support National Retail Expansion Minnesota-based growth equity firm Traction Capital has made a growth investment in Twyst, an Edina-based functional beverage startup Next In the North • Funding
Kaleidoscope Names Travis Smith CEO, Launches Scholarship Fund Minneapolis-based startup Kaleidoscope announced Jan. 15, 2026 the appointment of Travis Smith as chief executive officer alongside the launch of the Kaleidoscope Scholarship Fund, a newly formed 501(c)(3) public charity aimed at unlocking up to $1 billion in scholarship funding over time. Next In the North • Ecosystem
