We’re ending the week with all the funding, acquisition, and startup news from across the Southeast you need to know:
Atlanta-based Flock Safety closed $47 million Series C to grow its crime prevention and crime-solving platform. Hypepotamus has the latest information here.
North Carolina-based Momi, which is working on new breast pumps and other infant feeding technologies, closed a $1 million seed round, led by Kapstone Medical and Enventys Partners. MOMI’s founder and CEO, Carr Lane Quackenbush said in a statement, “I really do believe that these products will replicate nature, and will bring the advantages that we set out to bring to market.”
Miami-based REEF Technology, a startup working on parking and urban logistics, has raised a giant $700 million funding round from SoftBank Vision Fund, Mubadala Investment Co., Oaktree Capital, UBS AM and Target Global VC.
New Moves Across the Southeast
Invest Atlanta announced this week that Bonika Wilson will join their team as the first chief equity and inclusion officer. According to the Atlanta Business Chronicle, “the purpose of the new role is to help ensure economic investments benefit all Atlanta residents, especially those in disadvantaged communities.”