Today, we’re launching a new weekly column that summarizes local startup news coverage over the past week. Digests will be published on Mondays, together with our “TechWire Rewind” series.
The biggest news from last week: 16 early-stage startups won $160,000 in grants for NC IDEA’s MICRO program; eight energy startups were accepted into the NC Cleantech Corridor accelerator program; two Raleigh-based agtech startups were accepted into the AgTech Innovation Competition; a Raleigh startup backed by high-profile angel investors offers one-on-one career advice; two teenage brothers in Raleigh launched a line of facemasks; Nextdoor acquired a Raleigh-founded software startup.
- Check out TechWire’s comprehensive resource package for Triangle startups.
Last week was also a big week for startup funding: Raleigh startup Reveal Mobile landed $2 million in funding and secured a patent for its new technology, and Durham dental software startup CureMint raised $1.25 million and will be expanding its local staff. Other NC companies that announced funding rounds include Durham-based eating disorder healthcare system Veritas Collaborative ($2.3 million), Matthews-based compliance software startup Ethix360 ($454,000) and Wilmington IoT startup LifeGait ($170,000).
Here’s a recap of 30 startup news headlines from last week:
Monday | April 27:
- Banks, small businesses gear up for launch of $330B in new COVID-19 loans
- CED’s three-part Venture Connect Online program is coming up – here’s a preview
- Durham’s Veritas Collaborative raises roughly $2.3M in debt and options
- Here’s your guide to networking, meetups across the Triangle
- Mark your calendar: 50+ events across NC coming up in June
- NC event headliners: 62 webinars, events happening rest of April & May
- New guidance spells out limits for second round of PPP loans
- Software startup focusing on dental industry raises $1.25M, to expand Durham staff
- Triangle event headliners: Previewing 70 events & deadlines through the end of May
- We keep growing Triangle Startup Guide, adding more COVID-19 grants & funding resources
Tuesday | April 28:
- 16 early-stage startups across state land $160,000 in NC IDEA grants
- Former Pendo exec joins Indianapolis startup MetaCX which just landed $14M
- Location data startup Reveal Mobile in Raleigh lands patent, $2M in new funding
- Navigating the ‘great pause’: UNC’s online series extended as demand increases
Wednesday | April 29:
- Bank of America submits 184,000 PPP loan applications – only 1,000 approved
- Data shows NC lagged in COVID-19 loan program for businesses
- Ethix360, a compliance software startup in Matthews, is raising $1M, also hiring
- Here’s a look at 8 energy startups joining NC Cleantech Corridor program
- Raleigh teenage brothers tackle COVID-19 with their own neckware-mask combo
Thursday | April 30:
- Fed expands Main Street lending program to more companies
- Guest opinion: Is your deal sick? Then call a deal doctor
- LendingTree backs NY financial startup with $80M investment
- Nextdoor acquires neighborhood platform founded by Raleigh entrepreneur
- NFL partners with Greenville startup Game Plan for eLearning curriculum
- Two Triangle agtech startups are finalists in $100K Alexandria LaunchLabs pitch competition
Friday | May 1:
- 32 startups to pitch in first installment of Venture Connect Online
- Here To Help: Local Business Virtual Conference Series – listen in to latest in the series
- Need career advice? Raleigh startup led by Google, Facebook vets provides virtual mentoring
- What do entrepreneur support orgs like Network for Entrepreneurs in Wilmington (NEW) do for startups?
- Wilmington IoT startup LifeGait aims to raise $500k, lands $170K so far