Friday “Fund” Day: What Startups Did The Week Of June 3, 2024

For Atlanta residents, this week will long remembered as Water Main Break Week of 2024. If you were focused on boiling your water and didn’t keep up with all the tech news this week, no worries. We have you covered in our latest Friday “Fund” Day round up. Here is what you need to know.

 

The BIG Story

On Monday, a panel with the Eleventh Circuit Court of Appeals halted the Fearless Fund’s small business grant program. Atlanta-based VC firm Fearless Fund has been in a court battle for months with the conservative nonprofit the American Alliance for Equal Rights, and the case has become a flashpoint for the future of DEI efforts in tech. The Atlanta Journal-Constitution has all the details.

 

Hypepotamus Stories

Funding News

In Other News:

* NBA legend and former Atlanta Hawk, Dominique Wilkins has signed on as a partner at Roots, the Atlanta startup bridging the city’s wealth gap by allowing anyone to invest in real estate. Press release here.

 

* Atlanta-based Reveille Software, provider of the preferred solution for managing and monitoring business-critical Enterprise Content Management (ECM) and Robotic Process Automation (RPA) systems trusted by hundreds of organizations worldwide, announced Wayne Ford as the company’s new Vice President of Corporate Development.