Source: Dan Mika, Ames Tribune

Iowa State’s Startup Factory is closing its first year at the ISU Research Park and preparing to graduate its first round of startup companies this week.

The first cohort of 10 companies has raised more than $4 million in funding from various groups during their year working in the park, Startup Factory director Bill Adamowski said.

He said most of the companies have also found their first customer, while all are planning to remain either in the Research Park or in the Ames area for the next few years.

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