Friday, August 23, 2019

Financial technology company locks in $12M funding round

Miami Beach's Nymbus is bucking the summer slowdown trend, making the season one for significant growth for the financial technology company. The startup snagged $12 million in investment this month, followed by...

Boca Raton’s Modernizing Medicine raises $231 million in new funding

Boca Raton health technology company Modernizing Medicine announced a $231 million investment from the New York-based private equity firm Warburg Pincus. The fast-growing company, which has developed an electronic medical records and data...

Angels invest in local medical device startup

A Naples-based investment fund has bet its money on the success of a local orthopedic medical device startup. The fund, Tamiami Angel Fund II, or T2 for short, has invested nearly $1 million in Catalyst...

Venture capital in South Florida: Total funding slips, but deals get bigger

Following a national trend, South Florida venture capital deals are getting larger. Yet, there are just not enough of them to put the state on the venture map. Modernizing Medicine, the fast-growing...

Tech investments report highlights cluster of IPOs amid stagnant year

Miami-based investment banking firm Cassel Salpeter & Co. released this week its quarterly review of technology investment activity, which highlights a recent cluster of initial public offerings amid a mostly stagnant...

Orlando firm invests; investors share tips

Orlando-based FAN Fund has taken part in a nearly $1 million funding round for Tampa-based PikMyKid, a platform for parents and school administrators to manage students' after-school pickup. PikMyKid has been downloaded...

Fattmerchant lands $1.4M in funding, partly from Orlando City’s Phil Rawlins

Orlando financial technology firm Fattmerchant is getting more money to grow its business, thanks to a few local investors. The company announced on May 12 that it closed on a $1.4 million funding round....

Alternate source of funding for startups and early-stage companies

Most startups and very early-stage companies with very little financial history generally find most traditional funding sources – banks – closed to them. Many banks consider a startup anything less than...

Two Florida companies win Venture Tech Showcase

Fourteen companies were selected to participate in the VentureTech Showcase — an event hosted by Florida Venture Forum and Space Florida — and only one of them were from North Florida: OnPay...

Orlando’s FireSpring Fund to invest in 10 Central Florida firms

After finishing up its first class that ended in January, an Orlando tech accelerator that will invest up to $225,000 in each firm that enters its program has selected its next...
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