• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Digital News Updates
  • Home
  • News
  • Politics
  • Business

Angel Match Program Invests $460,000 in Ag Tech and Housing Startups in Q3

October 30, 2025

The North Dakota Department of Commerce announced that three companies received a combined $460,000 in investments through the North Dakota Development Fund Inc.’s Angel Match Program (AMP) during the third quarter of 2025.

AMP supports early-stage, high-growth North Dakota businesses by matching private angel investments with direct equity or convertible note funding. The program is managed by the Development Fund but operates independently from its traditional financing offerings.

“North Dakota entrepreneurs are harnessing innovation to solve real-world problems,” said Shayden Akason, Deputy Director of Economic Development and Finance and Head of Investments and Innovation at Commerce. “Programs like AMP provide capital to develop their solutions and strengthen our state’s economy.”

Q3 Investment Highlights:

  • FieldSys Inc. (Devils Lake) – $125,000
    FieldSys is developing AgriPin, a mobile-first platform that helps farmers and ag professionals manage fieldwork, collaborate on tasks, and retain operational knowledge in one place.

  • Trilogy Networks Inc. (Fargo) – $250,000
    Trilogy is building FarmGrid, a digital infrastructure platform that integrates AI, edge computing, and farm data to streamline operations and connect devices, applications, and users across the field.

  • Zegacy Inc. (Fargo) – $85,000
    Zegacy is launching a platform that simplifies rent-to-own housing by connecting renters with individual investors, offering a new pathway to homeownership.

Since its launch in 2021, AMP has supported 19 North Dakota startups, helping them access the capital needed to grow and scale their businesses.

https://digitalnewsupdates.com/wp-content/uploads/2025/04/MVD-office15.mp4

The North Dakota Development Fund, established in 1991, provides flexible financing tools to support new and expanding businesses across the state. In addition to AMP, the fund oversees programs such as the Child Care Loan Program, which addresses workforce needs by supporting childcare providers.

By BSH Staff

Filed Under: News

Related Articles:

  • UND welcomes new faculty cohort
  • Navy Advances MH-60 Modernization
  • $5 Million NSF Grant to Support UM STEM Students
  • Army Selects Five Sites for Nuclear Microreactors
  • South Dakota Awards $3.5 Million for 40 Bridge Projects
  • Schiess Takes Over as Space Force’s Top Uniformed Leader

Primary Sidebar

— Advertisement —

Digital News Updates Logo

Recent News Posts

  • UM Students, Researchers Take to the Air to Study Pollution Over Salt Lake City
  • DEQ Seeks Public Input on Oil and Gas Registration Review
  • Nation Marks 25th Anniversary of Sept. 11 Attacks
  • Illegal Alien Charged in $1.3 Billion Health Care Fraud Scheme

Recent Politics Posts

  • South Dakota Senate Showdown
  • Minor-Party Candidates Join Crowded Field in Wyoming’s U.S. House Race
  • Elon Musk’s super PAC starts spending to boost Ken Paxton in Texas
  • Cost of living drives battleground Senate race in Ohio

Recent Business Posts

  • GameStop Shares Rise After $1.4 Billion Debt Exchange
  • Oracle Set to Report Earnings Amid History of Wild Post-Earnings Swings
  • Meet Brad Gerstner, the Architect of Trump Accounts
  • Volkswagen Approves Sweeping Restructuring With 50,000 Job Cuts

Copyright © 2026 Digital News Updates, All Rights Reserved.