This week saw several developments in the Southeast startup ecosystem. Sola, an InsurTech company that originated at Georgia Tech in Atlanta, secured $8 million in Series A funding. Elysian, a Tennessee-based InsurTech startup, raised $6 million, as reported by Axios.
Miami’s Dispatch, operating in the FinTech sector, completed an $18 million Series A round according to Crunchbase. ThreatCaptain, a cybersecurity startup from South Carolina, closed a $750,000 pre-seed round. Laborup, an AI-focused company that recently relocated from San Francisco to Nashville, obtained $5.8 million in seed funding.
In North Carolina, Bionic Health of Durham was acquired by Thrive—a telehealth company based in Raleigh. Bionic Health was founded in 2022 and offers preventive care plans powered by artificial intelligence.
Hypepotamus published an in-depth look at Create-X, Georgia Tech’s program designed to help launch new startups.
As part of its Get To Know The CEO series, Hypepotamus interviewed Masha Petrova of Nullspace. Nullspace is a DeepTech startup working on innovations in simulation software.
Switchyards announced it will open its 13th “work club” location in Atlanta’s Toco Hills neighborhood; more information about this location can be found on Rough Draft Atlanta.
Tamara Lucas of My Panda App will appear on television to pitch her business on the Go Pitch Yourself Show. A recap of her appearance will be available for streaming online next week.
The finalists for the 2025 Atlanta Startup Awards have been announced across several categories including Best B2C Startup and Best Startup for Good. Companies recognized include 4Earth Inc., Airia, Art Pharmacy, SparkyAI, Voxie (Best B2C Startup), Brown Toy Box, LZRD Tech Inc., SWITCH, The Chai Box and The Perlant (Best Startup for Good), Bee Downtown and GenAI Healthcare Inc., among others.
Other finalists span organizations such as Career Pilot @ Work and Ask Me Your MD Inc., as well as individuals like Avoilan Bingham and Bill Nussey.
Breakline
