Alabama Launchpad funding fuels growth plans for tech startup MOXIE

Alabama Launchpad funding fuels growth plans for tech startup MOXIE

The founders of MOXIE, which specializes in cutting-edge Internet of Things (IoT) solutions for industrial companies, say the Birmingham startup is preparing for growth after securing funding in an Alabama Launchpad competition.

MOXIE earned a $100,000 seed-stage award in Launchpad’s recent 2020 Cycle 2 contest, sponsored by the Economic Development Partnership of Alabama (EDPA).

The firm provides fully operating IoT systems that collect and analyze data about an industrial company’s equipment and other assets in an easy-to-use app dashboard.

Co-founder and CEO Ross Wesson said MOXIE will use the Launchpad funding to recruit talent to fill roles critical to the startup’s growth plans.