Utah Money Watch

News & contextual perspectives on all aspects of money in Utah, across every industry and region, and from companies to government and from people to policies.

[Utah Money Watch @UtahMoneyWatch]

If you've not been paying attention, 5 #Utah-HQ'd firms have raised over $120MM (combined) in under 2 months. So here's our writeup to help provide context & insights: https://t.co/P1sPPKw23w.

@tavahealth
@enzo_health
@Findd_Ai
@pmtboxinc
@FortemTech

[Utah Money Watch @UtahMoneyWatch]

NEWS: #Utah-HQ'd @Qualtrics just dropped $6.75 billion to purchase @PressGaney. You can get the full rundown here: https://t.co/aIoNcqZJG2.

#eXperience_Management
#XM
#HealthTech

[Utah Money Watch @UtahMoneyWatch]

Thanks for the #repost, @JonSPierpont. 🙏 🙏 🙏

[Utah Money Watch @UtahMoneyWatch]

NEWS + ANALYSIS: "Motorola Solutions is Spending $100 Million to Scale and Diversify in Utah" ... and why we feel this is important to the @UtahGov, @47G_Utah, #GOED & more.

Get the full rundown here: https://t.co/OLIGhKoj6n.

@MotoSolutions
@SpencerJCox

[Utah Money Watch @UtahMoneyWatch]

ICYMI: @Angel Studios recently raised $34.5MM in a public offering and has unlocked another $40 million in debt capital (if needed). Here's the link to our story: https://t.co/KUI4Ww7mGw.

$ANGX

[Utah Money Watch @UtahMoneyWatch]

In an exclusive, @UtahMoneyWatch reports that @olearyventures expects to spend $4 billion on Phase 1 of its STRATOS hyperscaler data center project in Box Elder County, Utah + over $20-B in total.

See https://t.co/Ym7RnbrBmP for the full writeup + analysis.

[Utah Money Watch @UtahMoneyWatch]

BREAKING NEWS: A $2.3B mixed-use, 472-acres real estate development project by the @LDSchurch just north of Kansas City, Mo. is coming? Yup. Visit https://t.co/B27mzArXCH to get the full rundown.

[Utah Money Watch @UtahMoneyWatch]

BREAKING NEWS: $GVA, CA-based Granite Construction, just acquired Provo, Utah-based #KennySengConstruction, which did ~$150MM in revenue last year. To learn more, please visit https://t.co/efFPsoH8xW.

[Utah Money Watch @UtahMoneyWatch]

ICYMI: For the 1st time, Utah-HQ'd @ZanskarGeo has raised $$$ without having to sell equity. For the full story, visit https://t.co/2cz8hZ8Tzj.

#geothermal

[Utah Money Watch @UtahMoneyWatch]

An 11yo CA #MedTech firm, #Route92Medical, not only moved its HQ to #Utah last month, it's now announced a new $50MM capital raise ... on top of the ~$225MM it had raised previously. Get the full writeup here: https://t.co/0pyoRh6SxB.

@route92med

[Utah Money Watch @UtahMoneyWatch]

ICYMI: @BedBathBeyond just announced 2 acquisitions in a 1-week-period totaling $300MM. Here's the link to our story: https://t.co/xHx2ac4EMh.

$BBBY
@marcuslemonis

[Utah Money Watch @UtahMoneyWatch]

If you don't know Luigi Resta, you should. His firm, Utah-HQ'd rPlus Energies, just closed $650MM+ in new financing for a massive energy development project in Idaho.

Visit @UtahMoneyWatch here for the full writeup: https://t.co/Td0Se89cxM.

#rPlusEnergies

[Utah Money Watch @UtahMoneyWatch]

BREAKING NEWS & ANALYSIS: "After Publishing a Proprietary Advisor Report in January, Jump closes an $80 million Series B Funding Round Led by Insight Partners."

Get the full rundown here: https://t.co/NCXB1PNHSK.

@JumpAdvisorAI

[Utah Money Watch @UtahMoneyWatch]

BREAKING NEWS: Former Utah CEO, Braden John Karony, has been sentenced to 100 Months in federal prison and ordered to "Forfeit" $7.5 million he absconded through his fraudulent activities.

For the full rundown, please visit https://t.co/PrHoE1KM1q.

[Utah Money Watch @UtahMoneyWatch]

LATE BREAKING NEWS: Utah resident and BYU grad, Chris Klomp, has been promoted to No. 2 at the U.S. Department of Health and Human Services.

For a summary writeup, please visit https://t.co/KEAw7NI5O7.

@1klomp
@BYU

[Utah Money Watch @UtahMoneyWatch]

Do you know this guy? That's Carl Hoiland, CEO/Co-Founder of Zanskar, the SLC-based energy firm that just raised $115MM in funding to drive expansion of its AI-empowered, #geothermal energy growth.

Here's our writeup: https://t.co/NLjyzDOaRu.

@ZanskarGeo

[Utah Money Watch @UtahMoneyWatch]

NEWS & ANALYSIS: "With the 2026 Legislative Session Opening Today, What is the State of Utah's Economy?"

See Utah's 7 most impressive data points I see going into this Session here: https://t.co/Dq8mjatWxC.

#utah
#UtahLegislature

[Utah Money Watch @UtahMoneyWatch]

AND NOW ... the rest of the story: "A Promised $500 Million Infusion Thrusts Ute Athletics to the Forefront of Collegiate Sports and Prevents its Slide into Second Tier Irrelevance."

Read: https://t.co/2hXTwW98cZ.

@Utah_Football
@UUtah

[Utah Money Watch @UtahMoneyWatch]

Utah just got a $462 MILLION jolt.

@fervoenergy, the geothermal innovator behind Cape Station in Beaver County, just raised a funding round pushing total funding past $1.4B and likely valuing the company near $5B.

Learn more here: https://t.co/kiPG6y0lyr.

[Utah Money Watch @UtahMoneyWatch]

ICYMI: Part 1 of our 1st multipart series is "live." It's titled "T.J. Rodgers, SunPower and the Future of Solar Power in Utah."

You'll find it here: https://t.co/gRwsGZxy9j.

We hope you'll check it out.

$SPWR
$SPWRW
#Utah
#SolarPower