Alabama biotech company raises $2.1M funding round (Harper Harwell for the Birmingham Business Journal)
SymbyAI, a Huntsville biotech company offering a software platform to streamline and simplify scientific research, closed a $2.1 million seed funding round led by Drive Capital, CharacterVC, Antler, and other angel investors.
Alabama’s corporate giants urged to boost startup scene, follow Atlanta’s lead (Harper Harwell for the Birmingham Business Journal)
Alabama community leaders encourage corporations to engage in state startups, much like Atlanta’s Engage Program.
Bham staffing company expanding services, entering new markets (Harper Harwell for the Birmingham Business Journal)
Croux, an AI-powered digital staffing platform connecting pre-vetted candidates with employers in hospitality industries, plans to expand to new cities and to launch an AI platform to streamline onboarding processes.
Bham startup raises $450M round, acquires England company (Harper Harwell for the Birmingham Business Journal)
Fleetio, a Birmingham startup, recently closed a $450M funding round, co-led by Elephant and Growth Equity at Goldman Sachs Alternatives. This round will finance Fleetio’s purchase of Auto Integrate, a maintenance authorization platform based in England.
Fleetio to make 50 new hires, expand service offerings (Harper Harwell for the Birmingham Business Journal)
Birmingham startup Fleetio plans to make fifty new remote and local hires to expand their operational teams as they’re experiencing exponential growth.
Former Shipt exec expanding startup into new AL markets (Harper Harwell for the Birmingham Business Journal)
Billy Scharmann, Shipt’s former senior operations manager, plans to expand his Birmingham startup Lawnlo, an app that helps people schedule and pay for lawn care services, to several new in- and out-of-state areas.
Guest notebook: Entrepreneurs are America’s common ground (Sherrod Davis for the Birmingham Business Journal)
Sherrod Davis, the co-founder of EcoMap Technologies, discusses how even in this time of political polarization, communities can unite on one topic: the importance of supporting entrepreneurs.
Here’s how many Birmingham area jobs could be disrupted by AI (Joanne Drilling for the Birmingham Business Journal)
According to the Brookings Institution, as many as 31.24% of workers in the U.S. will be significantly affected by AI. The Birmingham Business Journal investigates what this may mean for Alabama workers.
Innovate Alabama invests $1M into state’s venture funds (Harper Harwell for the Birmingham Business Journal)
Innovate Alabama allocated a combined $1M in funding to two Alabama venture capital firms, gener8tor Alabama and Measured Capital.
NIH funding cuts threaten UAB research and Birmingham’s economy (Harper Harwell for the Birmingham Business Journal)
Institutions such as UAB, the University of Alabama, Southern Research, and the other Alabama researchers who received $380 million in NIH funding in 2024 alone could face layoffs, furloughs, and financial collapse if the Trump administration cuts funding to the National Institutes of Health.
Sloss Tech adding pitch competition to itinerary (Harper Harwell for the Birmingham Business Journal)
This year’s Sloss Tech conference will include a pitch competition featuring sixteen startups from across the Southeast competing for a total of $75,000 in prizes.