Funded Startups in Duluth
Seven funded startups tied to Duluth appear in the most recent slice, spanning 2022-04-11 (Banyan Hills Technologies) through 2025-02-19 (Boxlight).
Seven funded startups tied to Duluth appear in the most recent slice, spanning 2022-04-11 (Banyan Hills Technologies) through 2025-02-19 (Boxlight). The largest disclosed round is Boxlight’s $3M on 2025-02-19, and it is in the same $3M range as Banyan Hills Technologies’ 2022-04-11 $3M; outside those, disclosed amounts mostly sit below $1M (e.g., Mycelx Technologies $920K on 2024-08-23 and Dockcase $130K on 2023-05-15).
The list also clusters tightly by geography within the Duluth area: four entries are “Duluth, Georgia” (Boxlight, Mycelx Technologies, Rugged Road Outdoors, Dockcase) and three are “Duluth, Minnesota” (LHB, Life House, Banyan Hills Technologies). Temporally, multiple rounds land in late summer 2024 (Rugged Road Outdoors 2024-08-05 $6M; Mycelx Technologies 2024-08-23 $920K), while four of seven records carry “Series Unknown,” and one record is “undisclosed” (Life House, 2024-07-16).
Most recent rounds
7 shownRelated listings
Frequently asked
What are the size outliers in the Duluth rounds shown, and how does the top disclosed amount compare to the rest?
The top disclosed amount is Boxlight’s $3M on 2025-02-19; it is closely matched by Banyan Hills Technologies’ $3M on 2022-04-11. Rugged Road Outdoors ($6M on 2024-08-05) is the clear high outlier above the rest of the disclosed figures, while Dockcase’s $130K on 2023-05-15 sits at the low end among disclosed rounds.
Is there a temporal cluster in the most recent Duluth entries (e.g., late summer 2024)?
Yes. Two Georgia-based Duluth rounds cluster in August 2024: Rugged Road Outdoors closed on 2024-08-05 for $6M and Mycelx Technologies followed on 2024-08-23 for $920K, with both occurring within the same summer window of the dataset.
Do the rows concentrate in one Duluth geography, or are they evenly split between states?
They split across two “Duluth” locations. Four of the seven entries list “Duluth, Georgia” (Boxlight, Mycelx Technologies, Rugged Road Outdoors, Dockcase), while three list “Duluth, Minnesota” (LHB, Life House, Banyan Hills Technologies).
What does the stage/amount disclosure pattern look like across these 7 rows?
Five of the seven rows show “Series Unknown,” indicating stage is not specified for most entries (Boxlight 2025-02-19 $3M; LHB 2024-12-09 $550K; Mycelx Technologies 2024-08-23 $920K; Rugged Road Outdoors 2024-08-05 $6M; Dockcase 2023-05-15 $130K). One row is “undisclosed” (Life House on 2024-07-16), and one row uses a “Venture” label (Banyan Hills Technologies on 2022-04-11 $3M).
Which sectors are most represented, and are any sectors tied to specific sizes or time periods?
No single sector repeats in 3+ entries within this 7-row slice. Consumer Electronics appears twice (Boxlight $3M on 2025-02-19 and Dockcase $130K on 2023-05-15), while Consumer Goods appears once (Rugged Road Outdoors $6M on 2024-08-05) and Energy appears once (Mycelx Technologies $920K on 2024-08-23).
Which entries closed most recently and which is the oldest in this dataset slice?
The most recent round date shown is 2025-02-19 (Boxlight, $3M). The oldest date shown is 2022-04-11 (Banyan Hills Technologies, $3M), with the dataset otherwise filling in midpoints like 2023-05-15 (Dockcase, $130K) and multiple 2024 entries including 2024-12-09 (LHB, $550K).
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