Issue 92 – February 2021
Applications for the 2021 FAU Tech Runway Launch Competition are Now Open
Are you ready to launch your start-up? The FAU Tech Runway Launch Competition is an excellent opportunity to bring your game-changing business idea to life. The winning companies will be part of the next Tech Runway venture class, through which they receive various benefits such as entrepreneurship instruction, structured team mentoring, introductions to potential sources of early-stage capital, no-cost co-working space, preferred access to regional business and tech events, and more.
Apply here.
Successful Series B Financing for Dominion Aesthetics Technologies Inc.
Dominion Aesthetics Inc., the developer of the EON Laser intelligent body contouring device, raised $23.7 million to accelerate the commercialization of EON. The touch-less system is unique in its class and does not rely on disposables or treatment applicators. CEO Cooper Collins stated, "There are very few opportunities to grow a company this rapidly" and, "None of this would be possible without our world-class investors and our experienced commercialization team." With the successful financing, the company is ready to start a new era.
More information can be found here.
Portfolio Company HealthSnap Secured a $4 Million Investment
The investment in the Miami-based company was achieved in cooperation with our private fund manager Florida Funders. The funds will help the company to further pursue its mission of empowering people living with chronic disorders. HealthSnap is looking to accomplish this by tracking and analyzing lifestyle data, as well as maximizing patient engagement through their app.
More information can be found here.
Portfolio Company Chattr Raised $200k in Debt Equity
The company is trademarked by the Tampa-based entity Hire Humanly LLC and provides the leading AI-powered software for hiring hourly employees. The software aims to remove the typical frustrations of the hiring process and find the most talented employees. The company was also named Tampa Bay Tech 2020 "Emerging Tech Company of the Year" finalist. The annual award is given to the most progressive and forward-thinking tech leaders, companies, and projects in the Tampa Bay area.
The article about the fundraising activities of innovative companies from the Tampa Bay area can be found here.
Panbela Announces Research Agreement with Johns Hopkins University School of Medicine
Panbela Therapeutics announced a research agreement with the Johns Hopkins University School of Medicine to collaborate on the continued development of their investigative agent SBP-101, a molecule to inhibit tumor growth. The research will be led by Prof. Robert Casero, an internationally recognized researcher in polyamine biology at the Johns Hopkins Kimmel Cancer Center and an oncology professor at Johns Hopkins University School of Medicine.
More information can be found here.
Become an Exhibitor at Synapse Summit 2021
Are you ready to connect with an audience of thousands of customers, investors, and innovators in Florida? The Synapse Summit 2021 event (March 8th-March 11th) is the perfect opportunity! This year’s event will feature all new networking support using Brella’s AI-powered matchmaking tool that provides suggestions for who you should know before, during, and after the event!
More information can be found here.
About Us
Formed by the Florida Legislature in 2007, the Institute for Commercialization of Florida Technology supports and funds innovation companies that create clean jobs in new industries that are driving the global economy. The Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups that are developing products that improve and save lives and help companies improve their bottom line. The organization’s investment decisions are guided through a strong partnership with its Private Fund Manager, Florida Funders. The Institute’s economic impact over the last ten years was $2.6 billion, with fiscal revenue impacts of nearly $297 million to federal, state, and local governments.