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  • Local music startup receives critical investment
    by Mark Parker on June 2, 2023

    A St. Petersburg-based entrepreneur is creating a platform that unites artists, venue owners and supporters to bolster the local music scene and mitigate booking challenges. After spending years formulating a plan, enduring “con artist” developers and overcoming some personal challenges, Kate Rose eagerly anticipates launching Giggidy through app stores in the next six months. Helping The post Local music startup receives critical investment appeared first on St Pete Catalyst.

  • Tampa cybersecurity startup raises $5.5M
    by Veronica Brezina on May 17, 2023

    Tampa-based Hook Security, which provides a cybersecurity training platform, has closed a $5.5 million funding round.  The oversubscribed funding round was led by returning investor Tampa Bay Ventures. Orlando-based DeepWork Capital, Colorado-based Stout Street Capital and individual investors also participated in the round, according to an announcement this week.  “This investment will bolster our ability The post Tampa cybersecurity startup raises $5.5M appeared first on St Pete Catalyst.

  • Women’s tech, entrepreneurship group expands to St. Pete
    by Mark Parker on May 3, 2023

    A dues-free organization focused on supporting women in technology careers and those looking to start or accelerate businesses is opening a St. Petersburg chapter, just over four months after its launch. According to a February report by Harvard Business Review, companies founded solely by women receive less than 3% of venture capital investments – while The post Women’s tech, entrepreneurship group expands to St. Pete appeared first on St Pete Catalyst.

  • How a local company creates true randomness
    by Mark Parker on April 26, 2023

    A St. Petersburg startup plans to secure the future through the world’s oldest random number generator – physically manipulating dice. Data networks hold copious amounts of personal and sensitive information, while cyber attacks are increasingly common and constantly evolving. However, as the Massachusetts Institute of Technology has noted for over a decade, computers rely on The post How a local company creates true randomness appeared first on St Pete Catalyst.

  • St. Pete startup capitalizes on ‘shroom boom’
    by Mark Parker on April 17, 2023

    After enduring some pandemic-induced growing pains, a local entrepreneur is riding a wave of interest in adaptogenic mushrooms and expanding her regional footprint. Maria Garces founded St. Petersburg-based Fungible Chocolates in October 2021 and began offering her products to the masses in March 2022. Clean Eating noted that “functional mushrooms are having a moment” the The post St. Pete startup capitalizes on ‘shroom boom’ appeared first on St Pete Catalyst.

  • Pitch it: Meet the entrepreneurs at the University of Tampa
    by Veronica Brezina on April 15, 2023

    A dog poop scooping robot, wireless kitchen accessories and tech built for teachers were among the business concepts University of Tampa students and incubator startups pitched during the annual New Venture Expo event Friday.  Since its founding in 2017, the UT New Venture Expo, held inside the John P. Lowth Entrepreneurship Center, has showcased work The post Pitch it: Meet the entrepreneurs at the University of Tampa appeared first on St Pete Catalyst.

  • Tampa entrepreneur Ed Buckley creates new company
    by Veronica Brezina on April 5, 2023

    Serial entrepreneur Ed Buckley, the CEO of digital exercise company FitOn Health (formerly Peerfit), is entering the education space with the launch of a new tech company.  The new startup, Scholar, will focus on improving education by using next-gen technology content and artificial intelligence to drive as much personalization as possible in the learning experience.   The post Tampa entrepreneur Ed Buckley creates new company appeared first on St Pete Catalyst.

  • Regional bank CEO discusses recent industry woes
    by Mark Parker on April 3, 2023

    When Silicon Valley Bank (SVB) collapsed March 10 – the largest failure since the 2008 financial crisis – regional banks received a cascade of negative attention. While experts agree SVB’s downfall was due to several factors related to risk management and a subsequent bank run, its focus on venture capital and technology startups also underwent The post Regional bank CEO discusses recent industry woes appeared first on St Pete Catalyst.

  • St. Pete tech company raises $11M in Series A round
    by Veronica Brezina on March 28, 2023

    St. Petersburg-based SKUx, a blockchain-based startup focusing on the fintech sector, has raised $11 million in a Series A funding round.  SKUx’s Series A round was led by a “strategic family office investor” focused on fintech and payments. New York-based Advection Growth Capital also had significant participation in the round among other strategic investors in The post St. Pete tech company raises $11M in Series A round appeared first on St Pete Catalyst.

  • St. Pete tech company is Florida’s fastest growing business
    by Mark Parker on March 23, 2023

    iBuyXS, a St. Petersburg-based electronic component broker, was recognized by Inc. Magazine as Florida’s fastest-growing private company after its sales exploded by 4,800%. While the national Inc. 5000 list is still months away, the ubiquitous finance publication is compiling its regional lists. With a microchip shortage still gripping the nation, iBuyXS placed fourth in the The post St. Pete tech company is Florida’s fastest growing business appeared first on St Pete Catalyst.