The Emmy Award-nominated docuseries,
Start Up, highlights the struggles and victories of entrepreneurs across the United States. In its upcoming ninth season, it will focus on Wilmington and other southeastern cities.
Ushering in its latest season,
Start Up is entering a new chapter.
“This season is about toughness, humility, flexibility and resilience. We are seeing average Americans doing extraordinary things, and we re honored to share their stories,” says Gary Bredow, the show s creator and host.
For the latest installment of the series, Bredow will sit down with a wide range of diverse business owners along the southeastern U.S. coast to better understand how they’ve learned to adapt, innovate and even completely reinvent themselves amidst the chaos and uncertainty of the last two years.
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DURHAM – NALA Systems, a woman-owned startup in Durham developing a desalination technology, has raised an oversubscribed seed round of $700,000. The round was targeted at $600,000.
The oversubscribed round was led by Good Growth Capital with a first tranche closed in October 2020 that included support from NC-based angels at RTP Capital and Wilmington Angels for Local Entrepreneurs (WALE). Oval Park Capital completed the round as the sole investor in the second tranche.
“We appreciate the confidence that our investors have shown in the NALA team and we are excited to apply the seed capital toward producing prototype membranes that will be game-changing for the industry. Using our IP-protected materials and commercially-viable manufacturing process we will demonstrate the first competitive chlorine-tolerant reverse osmosis (RO) membrane in the market,” Sue Mecham, CEO, said in a statement.
Wilmington-based Performance Culture, which sells performance-management software has raised $2.9 million from Jurassic Capital. Jurassic disclosed the investment on its website.
Perfomance Culture helps companies build better teams for better results.
The partners in Durham-based Jurassic Capital founded and sold Bronto Software to NetSuite for $200 million.
On its report of the investment, Jurassic partner Kevin Mosley wrote, “The company was founded in 2015 by Dallas Romanowski and Melissa Phillippi as the software complement to a culture coaching business implementing the practices found in Romanowski’s book, Performance Culture.”
He added, “Over the past five years the company has become a market leader in the industry. We invested in Performance Culture because we are impressed by the team culture….as they have grown the business opportunity and is consistently over many years.”