I am writing a mid-year 2021 look-back column for a report I’m authoring, and because the pace of news has been a blur, I have been iPhone scrolling the Refresh Miami headlines from present back to Jan. 1. I figured I’d list some of them as a reminder of all that has been accomplished.
The Miami Movement is real, and our metro area is on the way to becoming one of the country’s top tech hubs. There are too many fund-raisings (106 in 1H) to list – but here were a few, and they are a mix of the new Miami and the OGs: Pipe (the first half’s top deal at $250M), Lula, Memic, Papa, NUE Health, Lumu, QuickNode, SmartHop, ShipMonk, Ironhack, Introhive, Heru, Asteya, OpenStore and more. Suffice it to say, more than $900 million was invested in Q2, and the new Miami Movement, accelerated by Miami Mayor Francis Suarez’s efforts, played a big part in that. We’ve also seen HQ relocations or significant expansions including by Founders Fund, Atomic, SoftBank, Blackstone Group, Pipe, Introhive, SeedInvest, GreenLight, Novo, Pareto Holdings, Red 6, Loupe, 305 Ventures, Ceros, Nirvana, Frank, Teal HQ, Fortu, Flexbase, SwagUp, EightSleep, 100.co – plus many more. Our new-to-Miami investors are showing up in investment rounds – Founders Fund and Khosla Ventures led Lula’s $18 million Series A, for example.