News

  • City increasingly on the radar of more big companies, says EDC head
    by Brian Hartz

    Dynasty Financial Partners’ move to downtown St. Petersburg in 2019 was a breakthrough moment for the city’s corporate recruiting efforts, according to J.P. DuBuque, the president and CEO of the St. Petersburg Area Economic Development Corporation.  Not only did the company — a provider of wealth management and technology platforms to financial advisory firms — The post City increasingly on the radar of more big companies, says EDC head appeared first on St Pete Catalyst.

  • Tampa biopharma plans public offering
    by Margie Manning

    Alzamend Neuro, a Tampa biopharmaceutical firm focused on developing products to treat neurodegenerative diseases and psychiatric disorders, could become the area’s next publicly traded company. Alzamend submitted a draft registration statement to the U.S. Securities and Exchange Commission on Tuesday. A public offering, subject to market conditions, is expected to follow a review by the The post Tampa biopharma plans public offering appeared first on St Pete Catalyst.

  • Tampa Bay Innovation Center, Grifin, Immertec, JustProtect win culture awards
    by Margie Manning

    Powderkeg, a community of tech entrepreneurs and related organizations, awarded “best culture” honors to four companies in the Tampa-St. Petersburg area. The Tampa Bay Innovation Center, Grifin, JustProtect and Immertec were recognized at Powderkeg’s Dec. 17 Unvalley Conference, a virtual event designed to connect the hottest companies in technology beyond Silicon Valley. Powderkeg focused its The post Tampa Bay Innovation Center, Grifin, Immertec, JustProtect win culture awards appeared first on St Pete Catalyst.

  • St. Pete Innovation District proves to be a growth engine
    by Margie Manning

    One of St. Pete’s smallest districts is driving big growth. The St. Pete Innovation District has brought new jobs and research dollars to the city, said Alison Barlow, executive director of SPID. The district makes up just under 1 square mile south of downtown St. Petersburg and is home to some of the best-known institutions The post St. Pete Innovation District proves to be a growth engine appeared first on St Pete Catalyst.

  • The Penny Hoarder sells to Sykes for $102.5 million
    by Margie Manning

    NOTE: This story has been updated to include comments from Kyle Taylor, founder and CEO of Taylor Media and The Penny Hoarder. Digital media company Taylor Media Corp., the owner of The Penny Hoarder, has sold to a division of Tampa-based Sykes Enterprises for $102.5 million. The Penny Hoarder, with content and expertise focused on The post The Penny Hoarder sells to Sykes for $102.5 million appeared first on St Pete Catalyst.

  • Morphogenesis, with a potential game-changer for skin cancer, raises $2.7 million
    by Margie Manning

    Morphogenesis, a Tampa biotechnology company developing treatments for cancer, has raised $2.7 million in equity capital. The funding came from 24 investors and is part of an ongoing $11 million offering, according to a Dec. 17 filing with the U.S. Securities and Exchange Commission. The latest capital raise is occurring as Morphogenesis continues trials on The post Morphogenesis, with a potential game-changer for skin cancer, raises $2.7 million appeared first on St Pete Catalyst.

  • Lumina names a new CEO
    by Margie Manning

    Lumina, a data and artificial intelligence firm in Tampa, has revamped its executive team. Michael Browne, a former IBM Corp. executive who joined Lumina in August as chief operating officer, was promoted to chief executive officer, effective Jan. 2. Allan Martin, a Lumina co-founder who was CEO, will become chairman of the board of directors The post Lumina names a new CEO appeared first on St Pete Catalyst.

  • St. Pete-based IMCS gives workers skills and tools to change lives
    by Margie Manning

    A St. Petersburg-based healthtech company is one of a small but growing number of women-led firms capturing the attention of venture capital investors. IMCS Group, which provides behavioral health therapy for people suffering from injuries incurred at work, received an $8 million capital infusion in July from HLM Venture Partners and .406 Ventures, with a The post St. Pete-based IMCS gives workers skills and tools to change lives appeared first on St Pete Catalyst.

  • Catalyze 2021: Jim Barnish of Orchid Black
    by Margie Manning

    We’re asking thought leaders, business people and creatives to talk about 2021, and give us catalyzing ideas for making St. Pete a better place to live in what will surely be a changed – and charged – post-Covid world. What should our city look like? What are their hopes, their plans, their problem-solving ideas? This The post Catalyze 2021: Jim Barnish of Orchid Black appeared first on St Pete Catalyst.

  • Fast-growing Oldsmar tech firm Spectrio has a new owner
    by Margie Manning

    Spectrio, an in-store marketing company headquartered in Oldsmar, was acquired by The Jordan Company, a New York-based private equity firm. Spectrio’s existing management team, led by CEO Dax Brady-Sheehan, will continue to lead the company, a news release said. Financial terms were not disclosed. It’s the third time since 2014 that Spectrio has traded hands. The The post Fast-growing Oldsmar tech firm Spectrio has a new owner appeared first on St Pete Catalyst.