Attention Founders: There Is A New $15M Alabama Fund Deploying Capital As an evergreen fund, returns generated by the fund will be reinvested to ensure long-term impact.
Sigma Automate Raises $2.75M to Deliver the 'Easy Button' IT Automation Actually Promised ATLANTA, April 13 (Hypepotamus) - Automation tools were supposed to be a "big easy button.” Automation would handle the tedious, the complex, and the critical, freeing up tech teams to focus on what actually matters. The reality, according to Richard Shaaya, CEO of Sigma Automate, Inc., has been far less
Hermeus Hits $1B Valuation, Raises $350M and Moves HQ from Atlanta to Los Angeles. ATLANTA, April 7 (Hypepotamus) - Defense aviation company Hermeus hit the $1 billion “unicorn” mark this week following the announcement of a $350 million Series C ($200 million in venture capital and a $150 million debt financing). On top of the capital injection (led by returning investor Khosla Ventures), the Atlanta-
M&A NEWS: Document Crunch, an Atlanta Construction AI Startup, Acquired by Public Tech Company Trimble Document Crunch took the stage at Venture Atlanta in 2024 and raised its $21.5 million Series B that same year.
General Catalyst Backs Atlanta and SF-Rooted Construction Startup With $13.8M Seed Atlanta-born, now San Francisco-based entrepreneur KP Reddy isn't interested in selling software to the construction industry. He wants to own it.
AI Startup Nyad Raises $1.3M to Protect Water Infrastructure as Wastewater Operators Retire While training for a triathlon in her home in the UK, Virginia Szepietowski (in featured photo) “experienced really poor water quality firsthand” while trying to find clean and safe bodies of water to swim in. After diving into (pun intended) into the wastewater world, she realized a problem right away.
Atlanta Startup Huper Raises $1.5M to Build an AI “Digital Chief of Staff” for Executives Need to hire a chief of staff? A new Atlanta-based startup might have an AI alternative for you.