While we’re primarily focused on Chicago’s innovation economy, we also have our eyes on all of the startup and tech activity happening throughout the entire Midwest. Here are the major tech fundings, acquisitions, mergers, moves and IPOs that went down in the region in May. See all past Midwest Reports here

5/2: IAC/InterActiveCorp agreed to acquire Indianapolis-based consumer reviews site Angie’s List. According to Reuters, the deal is valued at $500 million in cash.

5/3: Intact Financial Corp. agreed to acquire Minnesota-based specialty insurer OneBeacon for $1.7 billion, according to Reuters.

5/3: Bowling Green, Kentucky-based Inked Brands, an influencer commerce company, raised a $4 million Series A from BIP Capital.

5/3: Omaha-based private equity firm Panorama Point Partners raised $50 million for its second fund, on a target of $100 million.

5/4: Glenview, Illinois-based PreparedHealth, a healthcare social network, raised $4 million from Chicago Ventures, with participation from Pritzker Group Venture Capital, Beverly Capital and Meridian Street Capital.

5/8: Cincinnati-based Belcan, an engineering consultancy that’s owned by AE Industrial Partners, completed its acquisition of Arlington, Virginia-based Schafer Intermediate Holdings, a provider of tech and consulting solutions focused on national security. Terms of the deal were not disclosed.

5/8: Carmel, Indiana-based PolicyStat, a policy management software platform, was acquired by iContracts. Terms of the deal were not disclosed.

5/16: Cincinnati-based CompleteSet, a tech company focused on creating a curated online marketplace place for collectibles, closed a $850,000 round of funding from Connetic Ventures, with participation from Angel Capital Group, Northern Kentucky Growth Fund, and M25 Group. The company’s previous investors also participated in the round, which was oversubscribed.

5/18: Minneapolis-based LogicStream Health, a provider of clinical process improvement solutions, raised a $6 million Series B from Noro-Moseley Partners.

5/18: Minneapolis-based Atavium, a provider of data management solutions, raised an $8.65 million Series A from Rally Ventures and Grotech Ventures, with participation from Origin Ventures, Correlation Ventures, Brightstone Venture Capital and G-Bar Ventures.

5/18: Detroit, Michigan-based Are You A Human, a game-based verification company, was acquired by Distil Networks. Terms of the deal were not disclosed.

5/19: St. Paul, Minnesota-based OppSource, a SaaS-based software provider, raised $1.22 million in funding from Next Frontier Capital.

5/21: Montana and Colorado-based IronCore Labs, a developer of encryption software, raised a $1.5 million seed round from Next Frontier Capital, with participation from Blue Note Ventures, PV Ventures, and v1.vc.

5/22: Hazelwood, Missouri-based Aclara Technologies, a provider of smart meters, is being sold by private equity firm Sun Capital Partners.

5/22: Carmel, Indiana-based CardBoard, a collaborative design and story mapping tool, has been acquired by Software Engineering Professionals. Terms of the deal were not disclosed.

5/23: Menomonee Falls, Wisconsin-based Storage Battery Systems, a battery system manufacturer, was acquired by High Road Capital Partners. Terms of the deal were not disclosed.

5/24: Cincinnati-based venture capital firm River Cities Capital Funds is raising up to $200 million for its sixth fund, per an SEC filing.

5/26: Omaha-based venture capital firm Dundee Venture Capital, which is focused on early-stage investments, raised $30 million for its third fund.

(Image via Wiki Commons)