Monday “Fund” Day – What Startups Did The Week Of April 1, 2024

What better way to start off a new week than to take a quick look back at the big headlines from last week? Our Monday “Fund” Day series can get you all caught up on the major startup headlines from last week…and the important startup announcements that may have flown under the radar.


Here’s what happened last week:


Who is in building mode 

Chapel Hill-based CData acquired the German data visualization company Data Virtuality. Specifics of the deal were not disclosed, but this is the Series B-level startup’s second acquisition, according to Crunchbase.


The Triangle  Tweener Fund announced it made 18 new investments, totally $940k, over the course of Q1 2024. 10 of those were into new startups not already in the North Carolina’s early stage fund.


PrizePicks, the popular Atlanta-based Daily Fantasy Sports platform, announced it was moving forward with a 33,000 square foot HQ in the West Midtown neighborhood. The company is expected to hire 1,000 new employees over the next seven years.


Stord, a supply chain management platform and Atlanta-based unicorn, announced today its acquisition of fullfilment services provider ProPack Logistics. ProPack, a 30 year old company, focuses on multichannel fulfillment and last-mile shipping.


The Atlanta-based law firm Morris, Manning & Martin, which serves many local startups, announced it was expanding its Artificial Intelligence practice. Partner Matt San Roman will chair the practice.


Energy Secretary Jennifer Granholm was in Atlanta last week to discuss the EV and CleanTech manufacturing boom occuring across the state of Georgia. Atlanta News First has the scoop.


Charlotte-based app Offline, announced last week is it launching its services in Austin, Denver, and Orlando. Details on the expansion here.