Southeast Startups Thrive: Major Funding Boosts, New Ventures, and Innovation Programs Highlight Regional Growth

August 29, 2025
Southeast Startups Thrive: Major Funding Boosts, New Ventures, and Innovation Programs Highlight Regional Growth
  • 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


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