Below, our monthly wrap-up of news from the Birmingham startup community.
Birmingham-based wellness brand signs on new franchisees, expands into local office (Birmingham Business Journal)
Hydralive, a Birmingham-based business dedicated to assisting clients in their pursuit of fitness goals and wellness, expands their local office and adds additional franchises in locations across the country.
Dialysis care startup, insect repellent business win Alabama Launchpad funds (Birmingham Business Journal)
Alabama Launchpad chooses Tuscaloosa’s Nephsol Inc., a company aiming to revolutionize dialysis care, as the winner of the concept stage competition. Decatur’s Zone Products, which is developing insect protection for people and pets, won the early-seed stage in this cycle of Alabama Launchpad.
Harbert Growth Partners among lead investors in $15M funding round (Birmingham Business Journal)
Birmingham growth equity firm Harbert Growth Partners, along with Northwestern Mutual Future Ventures and Bull City Venture Partners, led a $15M Series D funding round in Levitate, a Raleigh, NC software firm developing communication tools for relationship-centered businesses.
Linq hires former Shipt, Fetch exec (Birmingham Business Journal)
Linq, a Birmingham-based startup offering digital business cards, hires David Berk, who previously held leadership positions in technology at Apple, Fetch, and Shipt.
Meet the BBJ’s 2024 Inno Fire Winners (Birmingham Business Journal)
The Birmingham Business Journal presents a slideshow about the winners of their 2024 Inno Fire Awards.
National nonprofit with Bham presence abruptly shuts down (Birmingham Business Journal)
Venture for America, a nonprofit connecting college students with startups, suddenly announced a nationwide shut-down of operations and firing of all employees on August 6th.
Staff commentary: Birmingham programs give founders support to succeed (Birmingham Business Journal)
Birmingham Business Journal staff reporter discusses organizations that assist startup founders in Birmingham.
Startup born from UAB offers treatment for neurological disorder (Birmingham Business Journal)
ReACT RND Health, a startup founded by Aaron Fobiana, an associate professor of psychiatry and behavioral neurobiology at UAB, launched with the intention of treating patients with functional neurological disorder (FND).
‘VFA Birmingham is not stopping’ following national VFA shutdown (Birmingham Business Journal)
Despite a national shutdown, Birmingham’s Venture for America chapter remains dedicated to their work in the city.
Why an Ohio-based company made the move to Southern Research’s Station 41 (Birmingham Business Journal)
DomainOne, an Ohio-based biotechnology company developing small molecule therapeutics for systemic sclerosis, moved to Southern Research’s new startup biotechnology incubator, Station 41, after receiving funding from Southern Research’s Therapeutics Development Fund.