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City / Wilmington

City / Wilmington

With New Funding Boost, Wilmington-based Lumos Is Bringing More Data To Small Dollar Lending

With New Funding Boost, Wilmington-based Lumos Is Bringing More Data To Small Dollar Lending

Veterans of Live Oak Bank, one of the top SBA lenders in the US, have joined the Wilmington, North Carolina fintech startup world to help small businesses get more access to financing options. Lumos was co-founded in 2021 by Youri Nelson, Brett Caines, and Stephen Hayes, who worked as

Could 3D animation help improve patient outcomes? This NC MedTech startup thinks so

Could 3D animation help improve patient outcomes? This NC MedTech startup thinks so

Adam Isley, Dr. Kaylan Barbrey and the team behind Artemis Immersive have a clear vision for the future of medical imaging. And that future is in 3D. Its first product it is looking to launch, VoxScan, is an imaging and patient empowerment tool that makes medical imaging data more accessible

Chilling Innovation: How Boreas Monitoring Is Rethinking Cryotank Management

Chilling Innovation: How Boreas Monitoring Is Rethinking Cryotank Management

The fertility world is cold. Really, really, cold. Eggs, embryos, and sperm cells need to be stored in places that reach negative 320 degrees Fahrenheit. In order to maintain that temperature, fertility clinics store these samples in liquid nitrogen tanks. Will Baird worked with these tanks every day as the

Wilmington's Web3 World: Local Startup Raleon Raises $3.8 Million Seed Round

Wilmington's Web3 World: Local Startup Raleon Raises $3.8 Million Seed Round

Armed with a $3.8 million seed round, Wilmington, North Carolina-based Raleon is on a mission to change the Web3 marketing landscape. Marketing within decentralized networks – a concept that underpins the move into Web3 – is a bit “like driving in the fog,” says Raleon co-founder and CEO Nathan

Wilmington Fintech Lands $3M, Plans To Triple Sales Staff To Grow Embedded Financing Solution

Wilmington Fintech Lands $3M, Plans To Triple Sales Staff To Grow Embedded Financing Solution

A fintech startup spun out of another startup in Wilmington, North Carolina has landed its own $3 million in venture capital funding. APPROVE, an internal lending network for the equipment rentals, launched when KWIPPED founder Robert Preville and his team started looking for solutions for lending options for customers already

For Wilmington startup OpiAID, better data can create healthier communities

For Wilmington startup OpiAID, better data can create healthier communities

David Reeser moved to Wilmington, North Carolina, a beach town that he describes as “paradise,” in 2016 with his family. But a report came out around that time suggesting it was far from paradise for many of Reeser’s neighbors. Upwards of 11.6% of Wilmington residents were abusing opioids,

CONTRIBUTOR THOUGHTS: 10 years later, Wilmington's startup ecosystem is buzzing

CONTRIBUTOR THOUGHTS: 10 years later, Wilmington's startup ecosystem is buzzing

Back in early 2021, Hypepotamus took a reporting trip up to Wilmington, North Carolina to better understand how startups are growing in the beach community. One of the ecosystem leaders of The Port City is Jim Roberts, Founder of the Network for Entrepreneurs in Wilmington (NEW) and the WALE Angel