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Grand Forks Thread receives $2.5 million from North Dakota Wonder Fund

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Grand Forks Thread receives .5 million from North Dakota Wonder Fund


GRAND FORKS – A Grand Forks-based company has been given an additional $2.5 million from the North Dakota Wonder Fund.

Thread, which specializes in autonomous inspection and asset management, received

$2.5 million from the Wonder Fund last year.

The other investments include $250,000 in Tavolo, an AI content creation and automated marketing service for restaurants, and $1 million in Drut Technologies, a cloud data center development company.

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“The recent round of investments highlights Wonder Fund’s strategic capital deployment, significantly boosting growth for existing North Dakota companies and attracting new businesses to North Dakota,” Commerce Head of Investments and Innovation Shayden Akason said in a release. “These companies are integral to our key industries and the emerging sectors of the state’s economy.”

The Wonder Fund also invested $250,000 into Aethreo, a company specializing in AI-powered data analytics, through the Angel Match Program. The program seeks to support early-stage businesses and is through the North Dakota Development Fund.

The Wonder Fund is a North Dakota Development Fund investment program directed by “Shark Tank” star Kevin O’Leary and O’Leary Ventures. The fund helps support start-ups and early-stage companies. O’Leary Ventures recently signed a partnership with the Grand Forks HIVE, where Thread is located, for naming rights to the main floor conference rooms.

“Wonder Fund-North Dakota’s investment here is about seizing an unprecedented opportunity in Grand Forks,” O’Leary said during a visit to Grand Forks in January. “This isn’t just another tech hub. This is the future.”

During his visit, O’Leary discussed economic development and business. He spoke with UND President Andrew Armacost

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in a “fireside chat”

and spoke at the Grand Forks-East Grand Forks

Chamber of Commerce’s annual dinner.

During the dinner, he said it’s time to start telling the story of North Dakota.”

“It’s not just oil and gas. It’s way more than that,” O’Leary said. “It’s biosciences, it’s (artificial intelligence), it’s drone technology. … Nobody knows the story. I’ve been totally committed to pushing yourself because it’s the right thing to, so let’s go kick some (rear-end).”

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Our newsroom occasionally reports stories under a byline of “staff.” Often, the “staff” byline is used when rewriting basic news briefs that originate from official sources, such as a city press release about a road closure, and which require little or no reporting. At times, this byline is used when a news story includes numerous authors or when the story is formed by aggregating previously reported news from various sources. If outside sources are used, it is noted within the story.





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Stampede stay alive with 2-1 OT win in Fargo

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Stampede stay alive with 2-1 OT win in Fargo


FARGO, N.D. (KELO) — The Sioux Falls Stampede staved off elimination with a 2-1 overtime win over the Fargo Force in game four of the USHL Western Conference Finals Saturday night.

Thomas Zocco scored the game-winner 12 minutes into the extra period. Arseni Marchenko put Fargo on the board first in the first period. Noah Mannausau tied the game for the Herd in the second period.

Sioux Falls outshot Fargo 53-49, including 9-5 in overtime. Linards Feldbergs made 48 saves.

Three of the four games of the series have gone to overtime. The winner-take-all game five is Tuesday at the Premier Center.

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New ballot measure guide to be mailed to North Dakota voters ahead of election

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New ballot measure guide to be mailed to North Dakota voters ahead of election


New ballot measure guide to be mailed to North Dakota voters ahead of election

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Federal judge agrees to toss $28M judgment related to Dakota Access Pipeline protests

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Federal judge agrees to toss M judgment related to Dakota Access Pipeline protests


BISMARCK (North Dakota Monitor) — A federal district court judge indicated he will nullify a nearly $28 million judgment against the federal government related to costs North Dakota incurred during the Dakota Access Pipeline protests so the parties can reach a settlement.

North Dakota is still set to receive a payment Attorney General Drew Wrigley described as satisfactory, but attorneys would not disclose the amount during a Friday hearing.

Attorneys for the United States and North Dakota said the settlement would allow the parties to avoid litigating the case in appeals court,putting the nearly seven-year-old lawsuit to rest.

“We’re hoping we really don’t need to fight any further,” Department of Justice attorney Jonathan Guynn said during the hearing.

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The lawsuit, filed in 2019, concerns demonstrations against the construction of the crude oil pipeline, also known as DAPL, that took place in rural south-central North Dakota in 2016 and 2017.

North Dakota claims the federal government caused the protests to grow in size and intensity by unlawfully allowing demonstrators to camp on federal land. The state says it had to pay millions of dollars on policing and cleaning up the encampments as a result. The United States denies the state’s allegations.

North Dakota U.S. District Court Judge Daniel Traynor in April 2025 sided with the state and ordered the executive branch to pay North Dakota the $28 million sum, a decision the U.S. Department of Justice later appealed to the 8th Circuit.

If the settlement moves forward, North Dakota would receive a “substantial monetary payment” from the United States, attorneys said Friday. As a condition of the agreement, the Department of Justice wants Traynor’s judgment and three other orders in which he ruled against the United States to be voided. That includes the court’s 120-page ruling from April 2025.

Both parties said Friday that having the rulings nullified wouldn’t have a significant negative impact on the public, since the documents could still be cited even if they no longer hold the weight of court orders.

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At the same time, Guynn said the Department of Justice wants the orders vacated because it doesn’t want the legal conclusions Traynor made to influence the outcome of future lawsuits.

“The downstream consequences of keeping these on the books is troublesome for the United States,” he said during the hearing. If Traynor does not agree to axe the rulings, the United States would likely no longer be willing to settle and move forward with its appeal instead, Guynn added.

Traynor’s orders make findings about the federal government’s responsibility under the Federal Tort Claims Act — the law North Dakota filed the suit under — which the state noted previously in court filings “could have utility holding the federal government to account” in the future.

Still, attorneys for the state said they believe this trade-off is outweighed by the time and money the public would save by not going through the appeals process. North Dakota would also avoid the risk of having Traynor’s judgment overturned by higher courts.

Wrigley said the settlement will be made public once it’s finalized.

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The United States’ appeal of Traynor’s decision has been on hold since last summer, when the state and federal government informed the 8th Circuit Court of Appeals they had started settlement negotiations and wished to pause the case.

The 8th Circuit will have to first send the case back to Traynor before he could grant the parties’ requests.

The case went to trial in Bismarck in early 2024. During the four-week trial, the court heard from witnesses including former governors Doug Burgum and Jack Dalrymple, Native activists, federal officials and law enforcement.

The Dakota Access Pipeline carries crude oil from northwest North Dakota to Illinois. It crosses the Missouri River just north of the Standing Rock Sioux Reservation, which prompted the tribe to begin protesting the pipeline on the grounds that it poses a threat to its water supply and sovereignty.

North Dakota’s lawsuit originally requested $38 million in damages from the federal government. Traynor ordered the executive branch to pay $28 million since the U.S. Department of Justice previously gave the state $10 million as compensation for costs it spent related to the protests.

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