Alabama entities launch venture studio, fund to build startups (Harper Harwell for the Birmingham Business Journal)
Innovate Alabama, a statewide public-private partnership, and Birmingham’s Harmony Venture Labs launched the Innovate Alabama Venture Studio and Fund in order to build, support, and finance high-growth startups statewide.
Alabama loses out on massive manufacturing project, 14,500 jobs (David Hill for the Birmingham Business Journal)
California company JetZero, a startup developing fuel-efficient commercial passenger jets, chose North Carolina instead of Alabama for its manufacturing site.
Birmingham organization to offer free technical assistance to local entrepreneurs (Harper Harwell for the Birmingham Business Journal)
Network Navigator, a business consulting firm dedicated to connecting small businesses to the resources they need to grow and scale, is expanding to include a Technical Assistance and Capacity Building Program. This new program will be supported by a $200,000 grant from Innovate Alabama and by Prosper.
Bham urgent care franchise acquired by VC-backed pediatric group (Harper Harwell for the Birmingham Business Journal)
Urgent Care for Children, a Birmingham-area urgent care franchise, has been acquired by national multispeciality pediatrics group Zarminali Pediatrics.
Concierge veterinarian service enters metro area (Trevor Mickle for the Birmingham Business Journal)
A mobile veterinary startup offering in-home end-of-life care for dogs and cats, CodaPet, will now service the Birmingham metro area.
Innovate Alabama awards $3.3M in grants to Alabama companies (Harper Harwell for the Birmingham Business Journal)
Through a grant program providing non-dilutive funding to companies who previously received SBIR or STTR grants, Innovate Alabama awarded $3.3M in grant money across twenty Alabama companies, six of which are located in Birmingham.
Major Birmingham tech firm acquired in health care industry shakeup (Harper Harwell for the Birmingham Business Journal)
IllumiCare, whose EMR-agnostic platform uses clinical and financial data to help practitioners make informed clinical decisions at the point of care, was acquired by North Carolina healthcare company Premier Inc.
Metro medical entity secures $2.2M funding, names new board chair (Harper Harwell for the Birmingham Business Journal)
ARCHimedes Vascular, Inc. announced a $2.2 million Series A financing led by Sherpa Healthcare Partners. In conjunction with the financing, ARCHimedes Vascular also announced the appointment of veteran medical device executive Raymond W. Cohen to serve as chairman of its board of directors.
Metro mining startup receives $250,000 in funding (Harper Harwell for the Birmingham Business Journal)
Aqueous Resources, a Birmingham-metro-area mining startup focused on sustainably extracting lithium from brine water reservoirs, received $250,000 in non-dilutive funding from Innovate Alabama.
Sloss Tech 2025: What you need to know for Bham’s tech conference (Harper Harwell for the Birmingham Business Journal)
The Birmingham Business Journal provides a guide to Sloss Tech, a yearly, multi-day conference organized by TechBirmingham.