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Salt Lake City’s Zanskar Expands its "Financial Stack" as it Closes a $40 Million Geothermal Development Facility, one Designed to Scale to up to $100 Million

With $185 million in venture funding raised previously, this new financing marks a shift in how Zanskar's geothermal projects are financed and advanced 28 April 2026 — Salt Lake City-based Zanskar has closed a $40 million Development Capital Facility, a form of structured debt that is designed to scale

Route 92 Medical Lands $50 Million to Scale its Stroke-Tech Commercial Push From West Jordan

The $50 million funding round comes just weeks after Route 92 Medical moved its headquarters to West Jordan from San Mateo, California 14 April 2026 — West Jordan, Utah — Route 92 Medical has landed a new $50 million round of growth funding as the West Jordan-based MedTech company pushes to accelerate

In Just a Week, Utah's Bed Bath & Beyond Announced Two Acquisitions Totaling $300 Million, While Also Signaling a Much Bigger Ambition

The former Overstock.com appears to be building something far larger than a retail rebound from Murray, Utah: specifically, a vertically integrated home ecosystem spanning retail, storage, closets, cabinets, flooring, installation, financing, and data/loyalty economics. 10 April 2026 — Murray, Utah — In a mere one-week period, Bed Bath & Beyond

Rizz Lending & @Supercar_Ron "Hit the Big Time" in Utah with $300 Million Now Available for Exotic Car Lending

After years of frustration at how poorly traditional financial institutions handled lending practices on high-value vehicles, Utah entrepreneur, Brad Bonham, personally bankrolled $45 million in high-value exotic, luxury, and collector vehicle lending over the past 18 months to make sure his vision "actually works." Now the firm he

Behind the X-Ray: Utah’s Varex Imaging Pulls Off a Complex $490 Million Refinancing

Varex, a Salt Lake City-based X-ray technology supplier that generated nearly $845 million in fiscal 2025 revenue, has now replaced costly 2027 debt with a new 2031 credit structure led by Zions Bancorporation 23 March 2026 — SALT LAKE CITY — Most Utah business executives have probably never heard of Varex Imaging

Utah-based rPlus Energies Lands New $650 Million-Plus Financing Package for Idaho Solar Project

The new Blacks Creek funding extends a larger capital-raising run that has turned Salt Lake City-headquartered rPlus into one of the most consequential renewable energy developers in the West. 19 March 2026 — Salt Lake City-based rPlus Energies has secured more than $650 million in new debt facilities, along with tax

BREAKING NEWS: A Utah Firm is Getting Bought for $550 Million and Virtually No One in the State Knows about This?!?!?!

West Valley City-based Scientia Vascular has agreed to be purchased by Medtronic in a transaction valued at $550 million. Additional "earn outs" and "milestone payments" are also possible post-acquisition, Medtronic says. Scientia Vascular, a fairly low-profile yet increasingly important 17-year-old medical device company headquartered in West

BioUtah’s Entrepreneur & Investor Summit Puts Utah’s Life Sciences Capital Pipeline on Display Tomorrow

11 March 2026 — Salt Lake City — Utah’s life sciences startup and investment ecosystem will take center stage Thursday as BioUtah convenes founders, investors, researchers, and healthcare innovators for its 2026 Entrepreneur & Investor Life Sciences Summit in downtown Salt Lake City. Presented by BioUtah in partnership with Brigham Young

A $44 Million U.S. Navy Contract Puts Springville-based CenCore Group at the Forefront of Utah-based Military, InfoSec and Cybersecurity Contractors

Led by its generally low-profile CEO / Founder, yet EY "Entrepreneur of the Year" award-winner, Adam Fife, CenCore has grown organically into a "hidden in plain sight" 1,000-employee team likely worth upward of $1.5 billion through its focus on "bridging the gap between commercial

After Publishing a Proprietary Advisor Report in January, Jump closes an $80 million Series B Funding Round Led by Insight Partners

After growing to 27,000 advisors on its platform in just two years, Jump is betting its AI-driven automation and meeting intelligence can deliver measurable ROI. In fact, its inaugural Financial Advisor Insights Report quantified fear patterns across advisor-client meetings further boosting the firm as it pushes forward with building

Utah’s $30 Million Bankruptcy Acquisition of "Certain" US Magnesium Assets Carries a Superfund Liability Likely 3X Higher or More

Cleanup and reclamation costs of the US Magnesium "Superfund" site on the borders of the Great Salt Lake will likely surpass $100MM.

A Utah CEO is Sentenced to 100 Months in Federal Prison and Ordered to "Forfeit" $7.5 Million He Absconded Through his Fraudulent Activities

In 2021, Pleasant Grove, Utah-based SafeMoon launched its decentralized "SafeMoon" digital asset token, a cryptocurrency which, at one point, rose to a value of over $8 billion in part because of fraudulent claims insiders at the company would be unable to access said digital assets. In reality, in

LATE BREAKING NEWS: Utah Resident and BYU Grad, Chris Klomp, Promoted to No. 2 at the U.S. Department of Health and Human Services

In an unexpected move within the HHS, Secretary Robert F. Kennedy, Jr. and the White House today announced that Klomp has been promoted to Chief Counselor of the HHS. The promotion makes Klomp to the 2nd-highest ranked official within the U.S. Department of Health and Human Services. He will

NEWS BRIEF: Little Known North Salt Lake Firm, The Ensign Group, Now Owns or Controls Nearly 2.5 Million Acres of U.S. Land

With its recent purchase of Pathfinder Ranches and its over 916,000 acres of Wyoming highlighted by "rolling grasslands, scenic river corridors, dramatic mountain ranges, and rock features," The Ensign Group has now boosted its total land holdings to close to 2.5 million acres of land owned