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New Startup MOXIE Aims at Internet-of-Things (“IoT”) Market

The Birmingham startup that generates startups has a new one – targeting the Internet of Things (IoT) industry.

DEFT Dynamics’ Venture Studio has created MOXIE, an IoT platform producing industrial, healthcare and other products for funded startups. MOXIE says it can deliver a ready-to-use IoT system within 30 days of closing a deal.

New Startup MOXIE IoT is Launched by Birmingham’s Fast-Growing “Venture Studio” DEFT Dynamics

Birmingham’s DEFT Dynamics has launched a new startup out of its Venture Studio, this time
targeting the Internet of Things (“IoT”) industry.
The new company, MOXIE, is an IoT solutions platform, offering integrated
hardware/software systems though its rapidly-expanding IoT product line, which is currently
focused on industrial IoT, healthcare IoT, and “proof of concept” IoT systems for funded
startups. MOXIE aggressively promises that it can deliver to its clients a ready-to-use IoT
system within 30 days of closing a deal.

LATEST BBA INVESTORS ROUNDTABLE FOCUSES ON FUNDRAISING

From left, Gary York, CEO of Help Lightning; Weida Tan, founder and CEO of Fledging; Ross Wesson, founder and CEO of Deft Dynamics; and Keith Kakadia, CEO of Socially.In, spoke to a standing room only crowd at the most recent Investors Roundtable.

Birmingham, AL — Fresh off the heels of Birmingham’s annual Innovation Week, the city is making news for its burgeoning startup scene. Auto racing software startup APEX Pro wins big.

Birmingham, AL — Fresh off the heels of Birmingham’s annual Innovation Week, the city is making news for its burgeoning startup scene. Auto racing software startup APEX Pro took home the $100K seed prize, as well as the $1,000 audience choice award, at EDPA’s Alabama Launchpad imerge 2018 startup competition.

DEFT Venture Studio continues to discover, expand

DEFT is a venture studio,a business that builds startups by bringing together engineers, entrepreneurs and venture capital under one roof. Wesson and his business partner Austin Gurley run DEFT with the idea of inventing products, spinning them off into separate companies, and then funneling profits back into new product and company creation.

Gurley and Wesson, both 27, grew up together until they left for college, Wesson to study finance at the University of Alabama, and Gurley to study engineering at Auburn University. After college, Gurley got his master’s and PhD, and Wesson worked on Wall Street.

Birmingham’s APEX Pro wins $100,000 EDPA Alabama Launchpad startup competition

Based out of the DEFT Venture Studio in downtown Birmingham, APEX Pro uses an innovative machine-learning technology (invented by Alabama native Austin Gurley, PhD) to make logging data an enhancement to drivers’ experience at the track, and NOT a time consuming, complicated process. “DEFT is excited to have been a part of building APEX Pro from day one,” stated Ross Wesson, who partnered with Austin Gurley to found DEFT’s Venture Studio. “This win by APEX Pro reinforces Birmingham’s national reputation as an ideal city to found world-class startups.”

EDPA’s ‘imerge’ event honors Alabama’s top innovators

$1 BILLION REASONS

Smith was part of a panel discussion – “$1 Billion Reasons to Believe in Alabama” – so named because the companies that were a part of it represented more than $1 billion in recent transactions. Also part of the panel were Shegun Otulana, founder and CEO of Theranest, and Chad Trull of Hospicelink.

Birmingham auto racing software developer Apex Pro won $100,000 in the seed category of the startup competition, as well as the $1,000 audience choice award.

After Shipt’s success, Birmingham innovators look for next big thing

APEX Pro, a Birmingham startup company that developed software for auto racers to track and monitor their performance, was the big winner in the EDPA’s annual Alabama Launchpad pitch competition. The company landed both the $100,000 top prize in the seed category, and the $1,000 audience choice award, voted by an online survey.