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News, highlights, and events throughout the Americas
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How Miami ‘Caught A Wave’ And Became the Hot New Tech Hub
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Miami has “caught a wave,” as Mayor Francis Suarez likes to say, in part because he’s rolled out the welcome mat for businesses. The city leads the nation in tech-job growth and migration and is among the top 10 U.S. cities for venture-capital investment.
- Source: Wall Street Journal
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Sports Betting Startup Cofounded By YouTube Star Jake Paul Raises $50M
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Social media star-turned-professional boxer Jake Paul is behind a new sports betting and media company headquartered in Miami. The YouTube star partnered with sports betting entrepreneur Joey Levy to launch the startup, called Betr. The company is creating a platform for sports micro-betting transactions, which enables fans to bet on specific moments of a sporting event – for example, whether a baseball team will score in a half-inning – rather than the final outcome of the game.
- Source: Miami Inno
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Doroni Aerospace Uses VR To Simulate 'Flying Car' Experience
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Doroni Aerospace is using technology to help the general public imagine what it would be like to be in the cockpit of an electric vertical takeoff and landing vehicle. The Coral Springs startup recently revealed the completed cockpit of its Doroni H1 personal eVTOL vehicle at the 2022 EAA AirVenture Oshkosh, an air show and aviation industry event in Wisconsin. The cockpit was combined with an immersive virtual reality flight experience that made it possible for participants to simulate the takeoff, flight and landing of the aircraft using virtual reality headsets. Many eVTOL ventures are focusing on marketing the vehicles as air taxis, but Doroni is designing its aircraft for personal use. The two-seater Doroni H1 uses a simplified control system that makes it possible for anyone with a driver's license to operate after completing a training course.
-Source: Miami Inno
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On A Wave of Growth, Boatsetter Rides In A $38M Series B Round
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With more than 50,000 boat listings in 700 markets around the globe, Boatsetter is already a leading marketplace for boat rentals and on-the-water experiences in the sharing economy. Now with a new funding round, the South Florida startup will expand its boat inventory and boating experience offerings as well as launch new markets. Boatsetter announced that it has raised $38 million in Series B funding led by Level Equity, with participation Suntex Marinas, Certares and others. In total, Boatsetter has raised $65 million, according to Crunchbase, including a $10 million Series A in 2019. The capital will also support Boatsetter’s market expansion. In the US, this will include Jacksonville, Orlando, Tampa Bay and Fort Myers in Florida as well as lake-centric locations in Georgia and the Carolinas, Baumgarten told Refresh Miami.
-Source: Refresh Miami
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UAE Aims To Convert Oil Wealth Into Tech Prowess
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The Middle East has long been thought of as an oil region, but the United Arab Emirates aims to change this with an intense focus on growing the country’s technology and startup scene.
For the first half of 2022, the Middle East region brought in $1.73 billion in investments across 354 deals, up from more than $1.2 billion in the first half of 2021 — a 64% year over year growth. The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. The UAE began focusing on its tech and startup hub goal in 2016 by establishing the Sharjah Research Technology and Innovation Park to incubate companies in a variety of industries, including water management, renewable energy, transportation, manufacturing and agriculture.
- Source: TechCrunch
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Lumu Announces Investment Round Led By Panoramic Ventures
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Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real time announced it has closed an $8 million investment round, bringing total funding to $15.5 million. Led by Panoramic Ventures, the investment will serve as growth capital for sales and marketing initiatives to further Lumu’s mission of helping organizations operate cybersecurity proficiently. Other investors include KnowBe4 Ventures, Lane Bess, former Zscaler and Palo Alto Networks executive, and Tom Noonan, former CEO at Internet Security Systems and the SoftBank Group’s SB Opportunity Fund. Lumu’s Continuous Compromise Assessment model enables any organization to measure and understand compromise to close the breach detection gap from months to minutes continuously and intentionally.
- Source: Panoramic Ventures
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Google for Startups Sales Academy: eMerge | Q3 2022
August 15th Deadline | Google For Startups
The Google for Startups Sales Academy provides startups with essential sales skills and practical application they can implement immediately to acquire new customers and partnerships. During this program, you will practice your sales pitch, objection handling, creating traction and how to ask better questions in a client meeting. Apply by EOD Monday, August 15th.
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The #MiamiTech Happy Hour
August 15th | Hosted by Freehold
This is a casual recurring happy hour for new and old Miamians interested in connecting with fellow entrepreneurs, investors, tech folks, and a diverse group of awesome people. Come grab a drink and catch up!
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Tech Tuesdays
August 16th | Miami Marlins
Tech Tuesday comes to loanDepot park, every Marlins home game on Tuesday. Join us for a pregame mixer with local tech companies in the new Recess Sports Lounge as the Marlins take on the San Diego Padres.
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BizUp Grant
August 28th Deadline | Miami-Dade County
Does your small business have a positive impact on Miami-Dade County? Apply online for the BizUp Grant, brought to you by County Mayor Daniella Levine Cava and County Commissioner Jean Monestime. Submit a five-minute pre-recorded pitch for a chance to win up to $100,000 and 12 months of technical assistance, sponsored by StartUp FIU Local and Bank of America. Applications are accepted now through Aug. 28.
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Knight New Work 2022
August 29th Deadline | Knight Foundation
Technology enables arts practitioners to develop new modes of expression, and to create works that immerse and reach broader audiences, ultimately strengthening community ties. Knight New Work 2022 is a call for proposals that will provide up to $500,000 to support South Florida-area artists of all genres who use technology in their practice to create, disseminate and enhance the way art is experienced.
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Smart City Expo USA
September 14-15th | Miami Beach Convention Center
Smart City Expo USA is the country's leading event for cities. We are solving urgent issues of today while preparing cities for tomorrow. Join us in harnessing $1T of federal funds to build inclusive and resilient cities through electrification, climate resiliency, cybersecurity, blockchain, cryptocurrency, and web3, urban air mobility, AI and edge technology, big data, education equity, the future of work, next-gen infrastructure, and so much more.
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eMerge Americas 2222 Ponce de Leon Blvd Miami FL
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