SOUTHEAST FUNDING & TECH NEWS: WEEK OF NOV 2

Funding Information

 

Miami-based REEF Technology, a startup engaged on parking and concrete logistics, has raised an enormous $700 million funding spherical from SoftBank Imaginative and prescient Fund, Mubadala Funding Co., Oaktree Capital, UBS AM and Goal International VC. 

Atlanta-based Flock Security closed $47 million Collection C to develop its crime prevention and crime-solving platform. Hypepotamus has the newest info here.

North Carolina-based Momi, which is engaged on new breast pumps and different toddler feeding applied sciences, closed a $1 million seed spherical, led by Kapstone Medical and Enventys Companions. MOMI’s founder and CEO, Carr Lane Quackenbush mentioned in an announcement, “I actually do consider that these merchandise will replicate nature, and can carry the benefits that we got down to carry to market.”

Atlanta-based Kobiton, a cell gadget testing platform introduced it has acquired one other Atlanta firm, Cellular Labs. Moreover, Kobiton introduced it raised new funding from Fulcrum Fairness Companions.

New Strikes Throughout the Southeast

Make investments Atlanta introduced this week that Bonika Wilson will be part of their crew as the primary chief fairness and inclusion officer. In keeping with the Atlanta Enterprise Chronicle, “the aim of the brand new position is to assist guarantee financial investments profit all Atlanta residents, particularly these in deprived communities.”