Stories of Technology, Innovation, & Entrepreneurship in the Southeast

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December 17, 2023 | Tom Ballard

Southeast Shoutouts | Techstars graduates fourth cohort from its Birmingham accelerator

A Healthtech Innovation Hub will be hosted during the mid-April eMerge Americas 2024 Conference and Expo in Miami Beach.

From Birmingham, AL:

A dozen energy tech start-ups have now completed the fourth cohort of the “Techstars Alabama EnergyTech Accelerator” that is focused on energy-sector entrepreneurs. This year’s cohort included companies from nine states and the nation of Latvia. Founded in 2020, the program so far has welcomed 42 companies from across the U.S. and beyond.

Not including the latest graduating class, Techstars Alabama companies have created more than 200 jobs. Of that number, 32 positions have remained in the state, helping expand Alabama’s innovation economy. Alabama Power is among the key supporters of the accelerator, along with the Economic Development Partnership of Alabama, Alabama Department of CommercePowerSouth, the University of Alabamaand Southern Research.

From Charlotte, NC:

A company that traces its roots to  a senior design project for North Carolina State University’s Engineering Entrepreneurship Program is now raising $1.3 million. According to an article in WRAL TechWire, Flux Hybrids offers a conversion kit that allows any car to become a hybrid electric vehicle. The company offers both hybrid electric vehicle kits (HEV) and an option that includes an all-electric driving mode complete with the ability to charge (PHEV kit). It also offers installation of the technology for commercial or private vehicles. The company was incorporated in 2020 and is headquartered in Troutman, NC, about 35 miles north of Charlotte.

From Miami, FL:

eMerge Americas, billed as a premier technology conference and expo shaping the future of tech, has announced its partnership with Jackson Health System and UHealth – University of Miami Health System. Together, they will launch the Healthtech Innovation Hub during the eMerge Americas 2024 Conference and Expo April 18 and 19 at the Miami Beach Convention Center.

Powered by Jackson Health and UHealth, the expansive pavilion will highlight the extraordinary intersection of technology and medicine, bringing life to the Patient ExperienceInteractive exhibits and thought-provoking content will connect healthcare providers, healthtech companies and investors fueling the advancement of health technology to deliver better patient outcomes. The program will feature an exclusive Executive Track for healthcare senior leaders and the Health Hub Theater dedicated to providing expert insights and revolutionary ideas aiming to improve the patient journey.

From Cincinnati, OH:

There’s a changing of the guard at CincyTech, a seed stage investment firm. After seven years as Chief Executive Officer (CEO) and President, Mike Venerable is stepping down from his role, culminating 17 years with the firm. He will be succeeded in those roles by Emma Off, a partner with Thompson Hine, who has deep expertise in private capital markets and advising key stakeholders.  She will start in this new role effective January 8.

Venerable joined CincyTech in late 2006 as a Consultant, working with founding CEO Bob Coy to build a regional seed fund and fill a critical capital gap for local start-ups and research spinouts. Since the launch of CincyTech’s first fund in 2007, the organization has invested $87 million in 90 start-ups, attracting more than $1.7 billion in co-investment, including more than $1 billion in venture capital. CincyTech has catalyzed more than $4 billion in enterprise value to date.

Venerable will continue to support CincyTech’s portfolio of investments and the team as an advisor.

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