Friday Fund Day: What Southeast Startups Made News The Week of Feb 24-28, 2025

What all happened this week? We’ve got a quick round up on the big stories, funding rounds, and other ecosystem news you need to know from across the Southeast.

 

Startup Funding News

Atlanta-based Valor Ventures is the lead investor in a new seed found into Visalaw.ai, a Memphis-based LegalTech startup focused on bringing generative AI tools to the immigration law ecosystem. The $1.6 million seed round details can be found here.

Pool Protection Technologies, a Savannah-based startup creating more eco-friendly, budget-friendly pool cleaning products, won the UGA (University of Georgia) Venture Prize Pitch Competition. Details here.

North Carolina-based Inceptor Bio Announces First Patient Dosed in Clinical Trial of IB-T101 for Clear Cell Renal Cell Carcinoma (ccRCC) and $21M Series A2 Financing. Press release here

 

Other News Across The Ecosystem

Cope Notes, a Tampa-based startup created by musician-and-entrepreneur Johnny Crowder, was born out of Crowder’s experience trying to navigate his own mental health journey. While studying psychology, Crowder started writing short messages on sticky notes to help reframe his thoughts. But he saw the need to use messaging technology to bring new Ecological Momentary Intervention (EMI) opportunities every day to people in need. CopeNotes has sent over 4 million text messages to date and has recently found a strong use case working inside schools, as educators and parents are looking to bring more digital support options to students in need. Today, Cope Notes announced a new partnership with the Central Florida Behavioral Health Network (CFBHN) to provide their mental health services to faculty, staff, and students in Pasco, Charlotte, and DeSoto County school districts. This will make CopeNotes available to more than 100 schools over the course of the spring semester. Details on the new partnership here.

VentureSouth and Vicinity announce a new joint venture to create the premier platform for local alternative investing – Vicinity Ventures. VentureSouth provides accredited investors access to professionally curated opportunities in the most innovative early-stage technology companies in the Southeast. Vicinity’s public funding portal is a highly selective platform for engaging local investors in a wide variety of unique investment opportunities. The combined platform will provide a single source for investors to identify, evaluate, invest in, and track a broad array of alternative investments in early stage companies, small-cap private equity deals, and creative real estate projects, according to a press release.
The Metro Atlanta Chamber announced the companies selected for the 2025 Atlanta Metro Export Challenge (MEC) cohort. Entering its ninth year, the MEC provides small and medium-sized companies expanding into a new international market with financial and mentorship support for their global business development efforts.
The 10 metro Atlanta companies selected for this year’s upcoming cohort include:
  • Compac Industries: Manufactures and packages goods under six distinct brands, distributing and selling them online and offline in both B2C and B2B markets
  • Davis Manufacturing and Packing, Inc.: Produces a premium line of animal care products for the veterinary and grooming industries, serving domestic and international markets
  • Ecoslay: Produces eco-friendly, handmade, and all-natural haircare and beauty products that are hand-packaged and sourced from local farms
  • Global Atlanta: Provides news dedicated to tracking Atlanta’s rise as a global center for business, education and culture
  • Joe Tools Inc.: Supplies tooling for extrusion, including wire and medical tubing industries, serving over 200 customers across the U.S.
  • Just for Teens: Offers organic personal care products for preteens and teenagers with a mission-driven brand
  • Lockthreat LLC: Leverages an AI-powered governance, risk, and compliance platform to optimize management of regulatory obligations, internal controls, and risk assessments
  • Num Num Sauce Company: Produces healthy and flavorful low-sodium tomato and mustard based condiments
  • Patientory, Inc.: Leverages data analytics to help patients and healthcare providers improve health outcomes via a mobile app
  • ZCorum: Provides a comprehensive suite of broadband products and services to broadband operators, including municipalities, utilities, MDUs, cable operators, and telephone companies