Refr Sports
Traction Capital invests $1M in Minnesota-based Referee Management Platform, Refr Sports Traction Capital, a Minnesota-based growth equity firm, has announced a $1 million investment in Refr Sports, a referee management platform committed to moving the officiating industry forward. Made up of a team of officials, assignors, athletes, sports enthusiasts, and industry experts, Refr provides essential […]
Twyst
Traction Capital Invests in Twyst to Accelerate National Expansion of Its Innovative and Patent-Pending, Proprietary Functional Beverage Straw Veteran beverage operators behind functional drink brand secure Minnesota growth equity investment as patented straw product gains traction in major national retailers Traction Capital, a Minnesota based growth equity firm, has invested in Edina-based Twyst, a functional […]
Traction Capital Announces Fund II to Fuel the Next Generation of Minnesota Start-Ups
MINNEAPOLIS, June 24, 2025 /PRNewswire/ — Traction Capital, a Minnesota-based venture capital and growth equity firm, announces the launch of Fund II, its second investment fund focused on scaling early-stage businesses in Minnesota and neighboring states. Since its March launch, Fund II has raised over $30M in subscriptions, with a target of $40M-60M. The fund has already invested in two local companies: Blank Metal, […]
TroutRoutes Acquired
TroutRoutes Acquired by onX onX, a pioneer in outdoor digital navigation, today announces its acquisition of Minneapolis-based TroutRoutes, the industry’s leading mapping resource for fly fishing enthusiasts. TroutRoutes is part of Wayzata-based Traction Capital’s portfolio of companies. By bringing TroutRoutes into its portfolio, onX gains momentum as it enters a new market this spring with […]
Nu-Star
Traction Capital Acquires Minnesota Manufacturing Company Nu-Star (PowerPusher®) Traction Capital is proud to announce its acquisition of Nu-Star, a well-established manufacturing company with a rich history dating back to 1959. Nu-Star specializes in material handling, with proprietary Tuggers and Pushers called PowerPushers® that are battery powered and designed to move almost any rolling load from […]
Kwikly Named to the Inc. 5000 List
Every year Inc. releases a list of the Top 5000 Fastest Growing Companies in the U.S. We are pleased to congratulate Traction Capital portfolio company, Kwikly, for making the list for the second year in a row! This year Kwikly was ranked #169, up from #491 last year. Kwikly was the first investment in our fund back in 2021 […]
Prime Party
E-commerce party supply company, Prime Party, has received a $500,000 investment from Traction Capital. The Washington-based company is making themed parties easier than ever before. Traction Capital looks forward to working closely with Prime Party as they roll out new brands and scale their business. Prime Party is a direct to consumer, TV show themed […]
Impacks
Traction Capital has invested $500,000 in a St. Cloud based startup making school supplies more convenient and accessible. Impacks provides families with pre-packed school supply kits, tailored specifically to their school and grade. The Minneapolis venture capital firm looks forward to helping Impacks expand their customer base and give back to their community. Impacks is […]
Clean Waste Systems
Clean Waste Systems (“CWS”) has received a $500,000 investment from Traction Capital. The Maple Lake, MN based company manufactures and sells equipment utilizing its own proprietary, patented ozone technology for sterilizing infectious medical waste. The process uses significantly less energy and water to operate and produces a fraction of the greenhouse gas emissions as traditional […]
Scribe
B2B marketing technology company, Scribe, has received a $400,000 investment from Traction Capital. The Minnesota based company provides businesses with handwritten notes scribed by robots to be mailed to customers. Traction Capital looks forward to working with the Scribe team as they continue to grow. Scribe provides businesses with personalized, handwritten mailers for existing clients […]