Funded Startups in Alabama
Disclosed funding in this Alabama list is sharply uneven: the largest disclosed round is Medical Properties Trust’s $804M (2024-05-24), which dwarfs every…
Disclosed funding in this Alabama list is sharply uneven: the largest disclosed round is Medical Properties Trust’s $804M (2024-05-24), which dwarfs every other disclosed amount here, including Fleetio’s $450M (2025-03-25) and the next-largest $180M round for Landing (2025-05-20). At the same time, the entries cluster by time and location: 2026 is dominated by May and early March filings (e.g., ProteinIQ $480K on 2026-05-05; Trillium Renewable Chemicals $13M on 2026-05-05; Skyfire AI $11M on 2026-04-28), while Huntsville shows up repeatedly (ProteinIQ is in Mobile, but Huntsville appears with Skyfire AI, Performance Drone Works, and multiple other rounds).
Stage/amount reporting also shows a pattern: only a subset of rows include disclosed amounts (smallest disclosed is Aletheia House at $30K on 2025-08-12), while several entries are “undisclosed” (Clover Landscape Group 2026-05-19; Performance Drone Works 2026-04-30; and others). From the 50 rows shown, “Series Unknown” appears frequently across companies dated from 2024-03-05 (Van Heron Labs) through 2026-05-19 (Clover Landscape Group), shaping how much can be compared across rounds.
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Frequently asked
Which recent Alabama rounds are clear outliers by disclosed size?
Medical Properties Trust’s $804M on 2024-05-24 is the dominant outlier, dwarfing the rest of the disclosed amounts; even the next-largest disclosed rounds—Fleetio’s $450M (2025-03-25) and Landing’s $180M (2025-05-20)—sit far below it. At the low end, Aletheia House’s $30K on 2025-08-12 is the smallest disclosed amount in the list.
Do the most recent entries cluster into a narrow date window?
Yes. In 2026, multiple rounds land in May (ProteinIQ $480K on 2026-05-05; Trillium Renewable Chemicals $13M on 2026-05-05; Clover Landscape Group 2026-05-19 is undisclosed) alongside a late-April concentration (Skyfire AI $11M on 2026-04-28; Performance Drone Works 2026-04-30 is undisclosed).
Are any cities over-represented among the 50 rows shown?
Huntsville appears repeatedly in the listing, including Skyfire AI (2026-04-28), Performance Drone Works (2026-04-30, undisclosed), and multiple other Huntsville-based entries such as Clover Landscape Group (2026-05-19). Other cities like Birmingham also recur (e.g., City Detect $13M on 2026-03-06; Nyad is in Birmingham with $1M on 2026-03-10).
How should stage comparisons be handled given the prevalence of missing disclosures?
Disclosed amounts are not universal: Clover Landscape Group (2026-05-19) and Performance Drone Works (2026-04-30) are labeled “undisclosed,” and multiple rows are also “Series Unknown.” That means ratios like “largest vs median disclosed” are sensitive to which rows include dollars versus undisclosed amounts.
Which sectors appear most consistently across the list rather than as one-offs?
Biotechnology and Health Care show up multiple times. Biotechnology includes ProteinIQ ($480K, 2026-05-05), Nyad (AI, not biotech), HudsonAlpha Institute for Biotechnology ($2M, 2025-11-04), TIXiMED ($550K, 2024-11-05), and Endomimetics ($3M, 2024-09-17); Health Care includes City Detect (not health), but examples include Rampart IC ($17M, 2025-05-27), Medical Properties Trust ($804M, 2024-05-24), and Fulmer Instruments ($3M, 2024-10-16).
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