Business Report

Madison AI company secures $45 million in funding

Veda, an artificial intelligence (AI) and machine learning platform for health care payers and providers, announced the close of $45 million in Series B funding led by Oak HC/FT of Greenwich, Connecticut.

Spectrum subsidiary agrees to $95K EPA fine

The Environmental Protection Agency (EPA) announced this week that United Industries Corp. of Vinita Park, Missouri — a subsidiary of Middleton-based Spectrum Brands Inc. that makes herbicides and pesticides — has agreed to pay a civil penalty of $95,000.

MadREP plans relocation

In August, Madison Region Economic Partnership (MadREP), an economic development agency supporting business growth in the Madison eight-county region, will move to 8517 Excelsior Drive, Suite 107, in Madison.

Developer launches website for downtown project

Chicago-based Core Spaces has launched a new website along with its submission of the application for the oLiv Madison, a mixed-use proposal located at W. Gorham Street and State Street.

MGE breaks ground on MMSD, city solar project

Madison Gas and Electric (MGE) has begun construction on the Hermsdorf Solar Fields, an 8-megawatt solar array that will serve the city of Madison and the Madison Metropolitan School District (MMSD).

In Business magazine