Feature

Southeast Startup News From The Week Of September 1-5, 2025

We take the week’s top stories, from fundraising deals in North Carolina to new startups forming in Georgia, and put them in any easily-digestible format.

hypepotamus

05 Sep 2025 — 2 min read

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Our Friday “Fund” Day series is a way to get your news from across the Southeast’s innovation ecosystem in one place. We take the week’s top stories, from fundraising deals in North Carolina to new startups forming in Georgia, and put them in any easily-digestible format.

These are the stories you need to know from this week:

Funding News

Atlanta-based InsurTech startup Sola, which started at Georgia Tech, raised a $8 million Series A round. Hypepotamus' feature here.

Tennessee-based InsurTech startup Elysian raised a $6 million, per Axios.

Miami-based FinTech Dispatch raised an $18 million Series A, according to Crunchbase.

South Carolina-based ThreatCaptain, a cybersecurity startup, raised a $750,000 pre-seed round, per Crunchbase.

AI-focsed startup Laborup, which recently moved from San Francisco to Nashville, recently raised a $5.8 million seed round.

Acquisition News

Durham, North Carolina-based Bionic Health, a startup founded in 2022 which provides AI-driven preventive care plans, has been acquired by Thrive, a Raleigh-based telehealth company. GrepBeat has the details.

Accelerator News

We have a deeper look into Create-X, Georgia Tech's program to launch new startups. More here.

In Other News

* Switchyards, the Atlanta-based "work club" concept that has opened up locations across the country, announced it is opening up its 13th location in Atlanta. Locations on its Toco Hills location can be found on Rough Draft Atlanta.

Tamara Lucas, the Atlanta-based entrepreneur behind My Panda App, is going on television to pitch her startup on Go Pitch Yourself Show. Congrats, Tamara! Want to catch the recap? It can be streamed here online starting next week.