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The Southern Startup Report: June 17 - July 1

Posted by Alec Cole on July 6, 2016

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The Southern Startup Report is a twice-monthly, curated newsletter covering the latest startup happenings in the American Southeast. Subscribe here if you like what you're reading.

Southern Startup News:  

New Orleans, LA - Idea Village Opens Applications for 2017 Accelerator ProgramsJuly 1 (today) marks the kickoff of Idea Village's entrepreneurial season in New Orleans. In more practical terms, this means that they've opened applications to their three primary acclerator programs: IDEAx, DIGITALMEDIAx, and ENERGYx. Each of the three take five cohort companies through a 12-week program that culminates in a demo day. Young startups are eligible and encouraged to apply. 

 

Louisville, KY - "State of Entrepreneurship" Address Celebrates a Promising 2016 for Kentucky Startups2016 has started well for the Kentucky startup ecosystem.EnterpriseCorp director Lisa Bajorinas cited several key wins during a recent "State of Entrepreneurship" address held in Louisville. Chief among them: Kentucky startups have already raised $58.6M, more than they through all of 2015. That number was largely driven by a monster round by pharma company Apellis, which raised $47M after ditching early plans for an IPO.

Herndon, VA - Cybersecurity Accelerator Secures Multi-Year Partnership with AWSA Virginia accelerator has a new high-profile ally. Amazon Web Services - the Seattle company's cloud-computing empire - has agreed to a multi-year, platinum-level sponsorship of Herndon's Mach37 Cyber Accelerator. Founded in 2013, Mach37 serves cybersecurity startups, and places a heavy emphasis on mentorship and business education. 

Charleston, SC - Charleston's Digital Corridor Announces Planned Expansion into BeaufortOne of the key drivers of Charleston's burgeoning tech scene is due for a growth spurt. Charleston Digital Corridor describes itself as a community-based tech initiative. Organized around three spaces in downtown Charleston, The Corridor provides partner companies with offices, links to talent and capital, and a series of networking events throughout the year. The recently announced Beaufort Digital Corridor will offer similar services beginning in Fall 2016. 

Durham, NC - "Connections to Capital" Facilitates $55M in Investment through a Strong First YearLast, but certainly not least, let's talk about money. Connections to Capital is one of North Carolina's Council for Economic Development's newest, and potentially most important initiatives. Led by Dhruv Patel, Connections does about what you'd expect: they put North Carolina entrepreneurs in contact with out-of-state investors. So far, this has led to 6 companies raising more than $55M in capital. While this is only a thin slice of the funding taking place in the Triangle, it's still an infusion of out-of-ecosystem capital, and hints at what other Southeastern cities can do to bolster their nascent tech scenes. 

Recent Rounds:

 

Charlotte, NC - GamEffective - $7M Venture

Falls Church, VA - OpsGenie - $10M Series A

Gainesville, FL - Admiral Adblock - $2.5M Seed

Miami, FL - Bvddy - $1.5M Seed

New Orleans, LA - Be Well Inc. - $1M

Orlando, FL - FlexReceipts - $2.49M Venture

Raleigh, NC - Savii - $695K Venture

Richmond, VA - Iggbo- $13M

 

Upcoming Events:

july 15 - Birmingham, AL - Sloss Tech

July 15 - Miami, FL - Social Tech Live

July 15 - Knoxville, TN - CodeStock 2016 

LookFar Update:

Get a Video Answer to Your Tech Questions - So, code's kind of our thing, we write it, we deploy it, we basically breathe it. We're currently offering some of that expertise to you. For free. Send us a question, and one of our devs will hop on the whiteboard to answer it. We'll send you the video, and get your tech back where it needs to be. 

On the Blog - iMessage Apps in iOS 10 and How to Build ThemLookFar dev Blake Butterworth talks about the new opportunities for developers interested in iMessages, then shows you how to get your feet wet by building out a simple stickers app. 

Tell the story of your startup city
Alec Cole

Written by Alec Cole

Sales and Marketing Analyst at LookFar