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As seen on Axios “FIBA aims to solve Tampa Bay business problems with Israeli tech”

May 17, 2022

The massive building on North Howard Avenue in Tampa was once a place for history-making men, a former armory stocked for war and full of machismo.Teddy Roosevelt’s Rough Riders camped there before fighting in the Spanish-American War. Rev. Martin Luther King Jr. and John F. Kennedy both spoke there. Even Elvis was at the former […]

Big Wins

IPOs/Acquisitions

In 2018, Anheuser-Busch InBev, the largest brewer in the world, bought beer and beverage analytics startup  WeissBeerger. In 2021, COMSovereign Holding Corp. acquired Sky Sapience, a global leader in tethered drones, and Alabama-based Help Lightning purchased Fieldbit, an augmented reality-enabled platform that helps field service technicians. Safe-T is listed on the NY Stock Exchange and  XRHealth and Aura Air are now listed on the Tel-Aviv Stock Exchange. 

Distinctions

ECOncrete was recognized as one of Bloomberg’s 2021 New Energy Pioneers, as one of the most innovative companies in 2019 by Forbes and Fast Company and as an awardee of the United Nations WE Empower SDG Challenge.

Funding

In total, FIBA companies have raised more than $650 million, of which $12 million was raised directly through FIBA, and more than $100 million came as follow-on investment.

Pilots

MilagroAI signed an Agreement with HCA Healthcare to pilot its Analytics Platform and Hospital Acquired Infections Surveillance Module at nine of HCA Healthcare’s hospitals.

The Hillsborough County Sheriff’s Office tested GlobeKeeper’s secured communication solution to enhance security at a concert in Raymond James Stadium.

The City of St. Petersburg is working with ECOncrete to build an ecological seawall that will support sea life growth while strengthening infrastructure.

A multi-specialty clinic in Florida is piloting Agamon’s solution to analyze its radiology data.

Deals

Tampa General Hospital’s air ambulance company, Aeromed, purchased QinFlow’ mobile units to enable transfusion of warm fluids during transfer to the hospital and save lives.

NASA is testing StemRad’s AstroRad vest in space to find ways to protect astronauts from deep space radiation.

The US Defense Threat Reduction Agency & US SOCOM contracted with Xtend to deploy dozens of their counter UAS systems for field testing.

AAA, Humana and the US Department of Veterans Affairs deployed Uniper’s telehealth & social engagement services.

Expansion

StemRad, ECOncrete, Nucleon, Gilinnovations, UC-Care, Uniper, Milagro AI, and Aura Air established presence in Florida following their participation in the FIBA program; hired locally and/or relocated leadership with families to the Tampa Bay area. FIBA also supported Aviv Clinics with their expansion to Florida.