Newsletter 10.18.2024

Author

Masterminds Tampa Bay
October 18, 2024

In partnership with

Happy Friday! We’re finally back on track and decided to send the newsletter today instead of Thursday this week. As our community regains its footing after the recent storms, let Mind Your Business be your anchor, providing the insights you need to stay steady and thrive. Every challenge is an opportunity for growth—let’s navigate these waters together!

Here’s what we’ve got for you this week:

  • Agentic AI: The Future of Tech is Being Crafted Right Here

  • Tampa Bay Inno’s Product Launch of The Year

  • Inhalation Devices Revolutionizing Emergency Medication Delivery

  • Ticketing Platform Transforming Tampa Bay’s Event Experience

FEATURED

Tampa’s Ignitho Technologies Aims for $25M Revenue by Scaling Agentic AI Solutions for Data Engineering

Ignitho Technologies, part of Tampa’s Nuivio Ventures, is expanding its focus on AI development through AI agents. The company, originally founded in 2016, transitioned from traditional data intelligence to AI due to the rising need for advanced data engineering and larger datasets for training AI models.

Nuivio Ventures, an AI-focused venture builder, supports Ignitho along with two other startups, Piqual and Talentou, targeting healthcare and enterprise innovation. Ignitho aims for $25 million in revenue within three years, and Nuivio plans to expand its product offerings while acquiring AI startups. CEO Joseph Olassa, who spearheaded Ignitho’s growth, will move to a board role as the company seeks new clients and funding.

RECOGNITION

ConnectWise Honored at 2024 Tampa Bay Inno Awards

ConnectWise announced that its AI-powered tool, ConnectWise Sidekick™, has been honored by the Tampa Bay Business Journal in the 2024 Tampa Bay Inno Awards for Product Launch. The awards highlight innovations making an impact in Tampa Bay’s tech scene.

Launched in November 2023, ConnectWise Sidekick enhances MSPs' efficiency using AI and hyperautomation. In June 2024, they expanded with ConnectWise Sidekick for Security, helping MSPs manage security threats through AI-driven insights. The awards ceremony will be held on November 14, 2024, in downtown Tampa.

TICKLE YOUR BRAIN

Thinking Think GIF by Rodney Dangerfield

Gif by rodneydangerfield on Giphy

You enter a room with 3 light switches on the wall, each controlling one of 3 light bulbs in another room. You can only enter the room with the bulbs once. How can you determine which switch controls each bulb?

Hint: Think about the properties of light and heat!

(Pause for some deep thinking…)

STARTUPS

St. Petersburg Startup Microneb Targets Opioid Crisis with Revolutionary Inhalation Tech

St. Petersburg startup Microneb is developing advanced inhalation devices aimed at revolutionizing medication delivery for EMS, first responders, and the military, with a special focus on combating the opioid crisis. Founded in August 2022, the company has filed seven patents, including for a compact nebulizer designed to deliver life-saving medications like naloxone and epinephrine quickly.

Microneb is seeking FDA approval and $5 million in seed funding to expand its product offerings. Their goal is to have these devices on EMS trucks, ambulances, schools, and hospitals to meet the growing need for rapid-response solutions.

MEME STREET

Here’s a Meme You Can Probably Relate To

SPORTS TECH

St. Pete Startup Fango Takes on Ticket Giants with Transparent, Local Approach

Jeffrey Pope, founder of Fango

Jeffrey Pope, a former senior engineer at Barstool Sports, launched Fango, a St. Petersburg startup challenging major ticketing platforms. The idea came after he was frustrated by high fees when selling a playoff ticket in 2021. Fango offers transparent ticket pricing, avoiding hidden fees and surge pricing common with competitors.

The platform initially focuses on Tampa Bay events, aiming for area-specific customization across the country. Pope, who self-funded Fango and partnered with two minority owners, wants to create an affordable and stress-free experience for local sports fans.

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WORTHY MENTIONS: UPDATES, TOOLS, RESOURCES

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Answer:

Turn on the first switch and leave it on for a few minutes.

  1. Then, turn off the first switch and turn on the second switch.

  2. Immediately, go to the room with the bulbs.

Now, you’ll find:

  • The bulb that is on corresponds to the second switch (because it's currently on).

  • The bulb that is off and warm corresponds to the first switch (it was on for a while and then turned off).

  • The bulb that is off and cold corresponds to the third switch (it was never turned on).

This way, you can identify which switch controls each bulb!

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