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Streamline Inc., a startup that’s re-imagined the IV pole now commonly used in hospitals, has raised $525,000 in capital from angel investors in North Dakota as it prepares to ramp up manufacturing.

Sam and Peter Blankenship, brothers and co-founders of the company, turned to North Dakota for financing after struggling to gain investor attention in Minnesota. Streamline also has moved its fledgling manufacturing operation from St. Paul to Wahpeton, N.D., due to a mix of tax incentives available across the border.

To read the full, original article click on this link: IV pole designer turns to N.D. for investors | Minneapolis / St. Paul Business Journal (Registration Required)

Author: katharine Grayson