TLDR: Key Points
- SAB BIO relocated its headquarters to Miami Beach for clinical trials on SAB-142.
- UrbanLink partnered with Ferrovial Vertiports to develop vertiports for eVTOLs.
Summary of Article
Nancy Dahlberg’s recent article highlights key developments in Miami’s tech industry:
1. **SAB BIO Moves Headquarters:** SAB BIO, a company focused on treating and preventing immune and autoimmune disorders, relocated its headquarters from South Dakota to Miami Beach. The company received FDA clearance for clinical trials on SAB-142, a treatment for type 1 diabetes.
2. **UrbanLink Partnership:** UrbanLink Air Mobility joined forces with Ferrovial Vertiports to develop vertiports for eVTOL aircraft in key U.S. markets, including South Florida.
3. **Hut 8 Investment:** Miami-based Hut 8 secured a $150M investment from Coatue Management to address the growing demand for power from AI businesses.
4. **Promptly Technology Funding:** Promptly Technology, a Miami startup specializing in patient engagement, raised funding led by Telegraph Hill Partners.
5. **Startup World Cup:** The Source is hosting a regional Startup World Cup competition in Miami where startups can pitch for a chance to win a $1 million investment prize.
6. **State Economic Development Blueprint:** The Florida Council of 100 unveiled a blueprint for economic development in the state, aiming to add 200,000 high-wage jobs and $100 billion to the GDP by 2030.
7. **Tim Tebow Joins Govo Venture Partners:** Former football star Tim Tebow became a partner at Govo Venture Partners, a Florida-based venture capital firm.
8. **Mana Tech Immersion Program:** Mana Tech announced its sixth Miami Immersion Program to help international tech founders land and scale their ventures in the U.S.
9. **Additional Opportunities:** Endeavor Miami is accepting applications for its Fall EndeavorLAB Cohort for early-stage female founders, and The Levan Center of Innovation is offering scholarships for entrepreneurs.
These developments showcase the growth and innovation happening in Miami’s tech ecosystem, positioning the city as a hub for startups and technological advancements.
