Southeast Startups Thrive: Major Funding Boosts, New Ventures, and Innovation Programs Highlight Regional Growth
August 29, 2025
Several startups across the Southeast secured significant funding this week, including Louisiana's Nest Health with $12 million, Atlanta's Sola with $8 million, and Tampa's Heave with $7 million, highlighting a vibrant investment climate.
Other notable funding rounds include Miami's Kira raising $6.7 million, Alabama's OPĒ Technologies with $6.3 million, and Huntsville's biotech iXpressGenes receiving $10 million through Innovate Alabama's InvestAL program.
Wilmington's Skillmaker AI also secured a $2.5 million pre-seed round, demonstrating early-stage investor confidence in the region's startups.
Yamil Quispe, a senior at Georgia Tech, launched a new 'Hacker House' on campus, with more details to be announced soon, fostering innovation among students.
Several upcoming startup competitions and volunteer opportunities are scheduled from August 30 to September 5, providing platforms for entrepreneurs to showcase their ideas.
Industry figures to watch include Andrew Ashur of Lucid Bots, featured on a podcast, and the Front Porch Venture Partners team, both active in the local startup scene.
New startup profiles include Eric Brown's inSearchX and Ben Gaskill's Bluebox, which aims to bring innovation to the ice industry.
Venture Atlanta hosted a panel on funding and branding strategies for women-led startups, featuring leaders from Cardlytics and Wellstar, emphasizing diversity in entrepreneurship.
Roam expanded its coworking and hospitality spaces to its 10th location in Peachtree Corners, Georgia, supporting the region's growing entrepreneurial ecosystem.
Sal Rehmetullah of Worth AI shared his journey from scaling Stax Payments to building a lasting legacy in fintech, inspiring local entrepreneurs.
The Southeast Investor Conference brought together over 85 investors and 22 startups, fostering early-stage funding opportunities.
Profiles of local entrepreneurs include Sarah Stellwag of Lulo, who moved from New York to Georgia, and Lazlo 326, which pivoted its gift card tech to modernize lottery systems.
Tech Alpharetta will host its first Executive Auction in September, offering startups the chance to meet with C-suite executives and gain strategic support.
At the Fintech South Innovation Challenge, ten startups pitched for $25,000 and entry into the ATDC Accelerate program, with participants like KYXStart and CatchIt.
Louisiana's Falaya expanded into Florida with its MLS listing service, while Atlanta's Rimidi announced participation in a health trial supported by the American Heart Association.
Raleigh's MuukTest raised $3.1 million in a venture round, continuing its growth in health tech and testing solutions.
Vulcan Elements, based in Durham, raised $65 million in Series A funding to develop rare earth magnet manufacturing facilities, aiming to revive U.S. manufacturing capabilities.
Several Southeast-based companies, including Alloy, Chattr, NutraSky, RxLogic, Case Status, and Sauna House, were named to the Inc. 5000 list of fastest-growing private companies.
Nashville's GoodShip secured $25 million in Series B funding, focusing on freight orchestration and logistics innovation.
North Carolina's Hatteras Venture Partners raised over $200 million across two funds, supporting life sciences and announcing key promotions within the firm.
This week, the Southeast's startup ecosystem saw significant activity, including funding rounds, investor events, accelerator programs, and notable entrepreneurs, highlighting a thriving regional innovation scene.
Florida's Fountain Life raised $18 million in Series B funding to advance health technology solutions, reflecting ongoing growth in health tech investments.
New Orleans-based VC firm 1834 Ventures launched a $20 million fund to invest in Tulane alumni and community startups, with $4.4 million already raised.
Georgia Tech's Create-X program held its annual Demo Day, showcasing student startups and fostering university-driven innovation.
Multiple startup programs and competitions across the Southeast have upcoming deadlines from August 30 to September 5, emphasizing continued support for entrepreneurs.
Summary based on 2 sources
Get a daily email with more Startups stories
Sources

Hypepotamus • Aug 15, 2025
Friday Fund Day: Startup News From The Southeast For The Week Of August 11-15, 2025 - Hypepotamus
Hypepotamus • Aug 29, 2025
Southeast Startup News From The Week Of August 25-29, 2025 - Hypepotamus