We’re ending the week with all the funding, acquisition, and Southeast startup news you require to know:
Funding News
- Atlanta, Georgia: As call volume increases in the wake of the pandemic, CallRail announced it raised an additional $56 million from existing investors Sageview Capital and Leaders Fund. We have more here.
- Chattanooga, Tennessee: 3D printing and construction robotics startup Branch Technology has raised a $11 million round, led by EquipmentShare. We have all the latest here.
- Durham, North Carolina: AdTech company Kevel, recently rebranded from Adzerk, announced it raised $11 million Series A. Atlanta-based Fulcrum Equity led the round. Learn more here.
- Nashville, Tennessee: Teaming, a performance management platform to build better teams, announced it has raised $1.7 million in angel investing.
- Atlanta, Georgia: Collab Capital, a fund dedicated to shrink the racial wealth gap, announced it has made its second investment. Their investment in Music Tech Works, a startup behind rightsholder.io, is a music copyright research platform with an expansive library that connects those who want to license music with the rights holders that can grant them a license. The undisclosed investment amount from Collab Capital will help the platform grow its database, expand its team, and onboard initial customers
- Atlanta, Georgia: Mini City, a software providing cost-saving solutions to government agencies and nonprofits working to reduce homelessness, announced it raised its first round of outside instiutional funding from SCADpro Fund.
Other Moves Around The Region
-Two TechOperator portfolio companies are joining forces. Springbot announced it has acquired Atlanta-based Matcha, a startup focused on content marketing and blog content for e-commerce companies.
– LaunchTN has officially named Van Tucker as president and CEO, a position she previously held on an interim basis. Tucker will help LaunchTN continue its mission to cultivate a robust startup ecosystem across the state.
-Alpharetta-based SaaS company CoreView has announced a triple Georgia Tech grad as its new CEO. You can read more about Shawn Lankton here.
-In an Atlanta-centric merger, Springbot has acquired Matcha, a content marketing platform designed to help e-commerce brands create strong blog content.
Upcoming Deadlines
MuckerLab, the unique accelerator portion of Mucker Capital, is accepting applications for their 2021 equity-based accelerator program. Now in its 10th year, MuckerLabs partners with 12-15 companies each year. The application deadline is December 31 and can be found here.
