A small but mighty amount of funding deals kept the Tampa Bay technology scene holding strong in June.
The group of companies raised just over $13 million for the month, nearly identical to May's $13 million total. We rounded up every company that received funding below. The fundings were all filed with the U.S. Securities Commission Exchange, and confirmed by Tampa Bay Inno with each of the companies' founders.
- Shortly after settling into its new St. Petersburg office, Codeboxx secured a $1.6M investment. The company, which offers coding boot camps and digital workshops, secured investment from 17 investors. It was led by New York-based MLG Ventures, according to company co-founder Meg Charles. See what it plans to do with the funding.
- Brick Street Farms, a St. Pete-based company that designs and manufactures vertical farms, received a "significant" investment from Lykes Bros. Inc. Further details of the deal were undisclosed. Cool thing: The deal was made after the two entities met at a Florida-Israel Business Accelerator event focused on agriculture.
- Back in April, Tampa Bay Inno broke the news that Jonathan Gibbons, former founder of Compass HRM, launched his company vigtec.io out of stealth mode. Two months later, the company secured $1.5M in an oversubscribed seed round. Gibbons said this brings the company's total funding to $3M. Get the full details.
- St. Petersburg-based Detraxi LLC received a $50K grant from the U.S. Space Force, officials tell Tampa Bay Inno. The company, which develops cloud-based solutions for bettering satellite communications, got the Small Business Innovation Research grant June 28. It will also compete at the United States Space Force Pitch Day on Aug. 18-19 for an on-the-spot contract award.
Also worth noting: Jacksonville-based financial firm PS27 launched a $20 million fund to boost activity across the Sunshine State. Dubbed the "Rhea Fund," it will focus on early-stage companies, funding Series A rounds with a specific focus on the SaaS, HealthTech, FinTech, sustainability, and e-commerce industries. Check sizes will be in the $500,000 to $1 million range.
To see the roundup of acquisitions, promotions and partnerships in June, click here.
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