🧠 $915 Million In Funding!? What is happening in Tampa Bay?

Happy Thursday! This is Masterminds Tampa Bay. We’re like a chimichurri sauce that makes every dish tastes better (with a little zing) giving you all the big updates that you need to know about in our area.

Here’s what we have for you today:

• Metaverse & Music? What is happening in St. Pete?

• Time is running out to be here…

• The one organization that is responsible for over $915 Million in funding

• The AI startup that is moving to Tampa and calling it home

Step into the Metasport Universe: Virtual Sports Meets Music in an Epic Collaboration

Metasports Arena, which has a St.Pete hub is teaming up with music company Soundpickr to bring you an incredible integration of music technology into their metaverse.

So what is MetaSports Arena? They are a Metaverse startup with a product called Sam Arena.

Sam Arena, which is currently in development, will let you build your very own stadiums and venues within the Metasport Arena metaverse. And guess what? You'll even have the chance to earn SAM tokens while doing it.

Metasport Arena is exploring different ways to make its metaverse even more exciting and sustainable. They're diving into the world of NFTs, which are digital collectibles, and they're also looking into partnerships with restaurants.

In addition, they are currently undergoing a graphic redesign to create a web3-friendly website. They want to make sure your experience is top-notch and visually stunning. Plus, they're planning to include additional elements like yoga studios and digital bars within the metaverse.

Metasport Arena is no stranger to collaboration. They've previously partnered with the innovative web3 company Burrst, and they're now working with ESTV to bring you live game streaming from Sam Arena.

Brain Teaser

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Memes That Made Us Chuckle

FIBA Turbocharges Tampa Bay's Startup Ecosystem with Israeli Entrepreneurship

Tampa Bay's startup scene is about to get a dose of Israeli innovation as nearly 80 Israeli company founders have flocked to the Florida-Israel Business Accelerator (FIBA) in Tampa.

These visionary entrepreneurs are eager to establish a presence in Florida and connect with local investors, amplifying the region's entrepreneurial spirit and fostering international collaboration.

FIBA, located in the heart of Tampa, serves as a dynamic resource center for Israeli startups looking to expand into Florida.

With a focus on cybersecurity and innovation in the hospitality industry, FIBA offers a comprehensive suite of resources, accelerator programs, and connections to propel startups to success.

Each year, FIBA collaborates with approximately 10 to 12 startups, working closely with them to refine their pitches and connect with subject matter experts.

This hands-on approach ensures that startups are well-prepared to navigate the competitive landscape and seize growth opportunities.

Capital is the lifeblood of startups, and FIBA plays a crucial role in assisting these companies in raising Series A rounds. By attracting venture capital firms interested in Israeli tech, FIBA opens doors to vital funding sources that can fuel growth and innovation.

Beyond financial support, FIBA recognizes the importance of a robust support network. The organization facilitates connections between startups and professionals such as lawyers and real estate agents, ensuring that entrepreneurs have access to the expertise needed to navigate legal and logistical challenges.

While based in Tampa, FIBA's reach extends throughout the entire state of Florida, including vibrant cities like Ft. Lauderdale, Miami, Orlando, Sarasota, and West Palm Beach. By supporting startups across the state, FIBA nurtures a thriving ecosystem of innovation, creating a ripple effect of economic growth and opportunity.

The impact of FIBA's efforts is undeniable. Since its inception, the organization has played a vital role in the success of its affiliated companies, collectively raising over $915 million in funding. Beyond the monetary achievements, FIBA has contributed to the creation of high-skilled jobs, paving the way for economic prosperity in the region. The startups nurtured by FIBA have also experienced acquisitions and initial public offerings (IPOs), solidifying their place as industry leaders.

With Israeli startup founders adding their unique perspectives and groundbreaking ideas to Tampa Bay's thriving startup ecosystem, the stage is set for even greater innovation and collaboration. As FIBA continues to support and empower these visionary entrepreneurs, the millennial audience can anticipate exciting developments and groundbreaking solutions emerging from this dynamic fusion of talents.

AI Startup Holocron Technologies Sets Sights on Tampa Bay for HQ Relocation

Holocron Technologies is making moves and heading to our very own Tampa Bay!

Led by CEO and co-founder Tristan Yang, this innovative company is packing up its headquarters from Washington, D.C. and recognizing the amazing potential of our region as a hub for dual-use technology.

Now, let's talk about what Holocron Technologies is all about.

These tech wizards use the power of AI to forecast global tech trends, with a special focus on the defense industry.

They've got their sights set on revolutionizing how we understand and navigate the ever-changing world of technology.

On top of that, Holocron Technologies recently closed a fantastic $1.5 million seed round, led by the investors at New North Ventures. They recognized the incredible potential of Holocron and couldn't wait to be a part of their journey.

They also got some local help.

Gainesville-based OneSixOne Ventures also hopped on board during the seed round. They've got big plans to connect Holocron with the Florida Institute for National Security in an exciting future partnership.

Tristan Yang has big dreams for the future. He's eager to learn from successful local entrepreneurs like Arnie Bellini, co-founder of ConnectWise.

With Bellini's impressive track record in the region, there's no doubt that Tristan and his team will gain invaluable insights.

As Holocron Technologies settles into Tampa Bay, Tristan plans to involve more local firms in their upcoming seed round.

But that's not all. He's also eyeing a potential partnership with the University of Florida.

Brain Teaser Answer:

He’s a barber.

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