TLDR:
- IDC Network and Arena Investors launch a $200M flexible capital arm, IDC Arena Credit Ventures.
- Black Wolf, a rideshare service with armed drivers, expands to Miami.
Nancy Dahlberg reports on various updates in the #MiamiTech scene. IDC Network, a private equity and venture capital asset manager, teams up with Arena Investors to launch IDC Arena Credit Ventures, a flexible capital arm catering to tech companies in critical growth stages. Black Wolf, a unique rideshare service, arrives in Miami with armed drivers from police, military, and security backgrounds. The company, founded by Kerry KingBrown, offers riders the option to request an armed or unarmed driver.
Additionally, Bevel, a tech PR firm, has rebranded and merged with Avenue Z, a Miami-based communications and marketing consultancy. Amazon’s robotaxi unit, Zoox, plans to test its autonomous vehicles in Miami and Austin. Summit Therapeutics, a Miami biopharma company, secures $200M in funding and plans to advance clinical development. TechStrong Group, based in Boca Raton, is acquired by The Futurum Group, while Mark Cuban’s AI Bootcamp for high schoolers is coming to MDC for free. The article also highlights the top tweets of the week in #MiamiTech.
This round-up covers a range of updates and developments in the Miami tech community, showcasing growth, innovation, and notable partnerships in the industry.
