Below, please find our monthly round-up of news from Birmingham’s entrepreneurial ecosystem.

BBJ 2024 Nonprofit Awards: Abby Guerin Russell (Birmingham Business Journal)

The BBJ offers an interview with Abby Guerin Russel, the chief development officer of Innovation Depot.

BBJ 2024 Nonprofit Awards: UAB Bill L. Harbert Institute for Innovation and Entrepreneurship (Birmingham Business Journal)

The BBJ presents an interview with Kathy Nugent, the executive director of the nonprofit-award-winning Bill L. Harbert Institute for Innovation and Entrepreneurship at UAB.

CAVU becomes certified B Corporation (Birmingham Business Journal)

CAVU, a Birmingham-based social learning platform, has obtained B Corporation status.

Here’s who contributed to HData’s $10M funding round (Birmingham Business Journal)

HData, a Birmingham-based AI and automation startup focused on data management and use in the energy sector, closed a $10M funding round led by Buoyant Ventures.

Ideas distributed equally, capital is not: Alabama VC landscape changing (Birmingham Business Journal)

While deal value in Alabama increased by 209.9% in 2024, little funding came from inside of the state.

In a challenging year for startups, female-led ventures set a record (Birmingham Business Journal)

PitchBook reports that though venture funding overall saw a serious decline in 2023, female entrepreneurs saw a significant increase in funding over 2022.

Landing makes $30M company acquisition (Birmingham Business Journal)

Landing recently acquired Barsala, a flexible housing operator founded in Seattle, for $30 million.

Meet 3 Birmingham startups crushing the local business game (Bham Now)

Bham Now profiles Anayltical AI, Moxi, and Domestique Coffee.

Pet transportation company launches in Birmingham (Birmingham Business Journal)

Rashad Grimes and Alex Harris recently launched FurGo, an Uber-for-pets service, in the greater Birmingham area.

Quantalytix plans major to-market push (Birmingham Business Journal)

Quantalytix, a Birmingham startup focused on fintech, plans to launch their new enterprise balance sheet management tool this April.

Southern Research seeking up to $5M from city for program (Birmingham Business Journal)

Southern Research is asking the Birmingham City Council for up to $5M in funding for their plan to develop and launch an innovative public health data system.

Startups significantly dialed back their hiring in 2023 (Birmingham Business Journal)

In a recent report, Carta, a platform tracking data for startups, hiring in 2023 was half of what it was in 2022. Also, many employees hired by startups in 2023 have already left the company.

Storyteller Overland secures key financial investment (Birmingham Business Journal)

Storyteller Overland, a Birmingham-based manufacturer of adventure vehicles, received a significant growth equity investment from L Catterton and other investors.

Two Alabama cities among best metro areas for women in technology (Birmingham Business Journal)

Huntsville and Tuscaloosa made CoworkingCafe’s list of the most supportive cities for women who work in technology.