InvestAL
Overview
Innovate Alabama is a statewide public-private partnership in Alabama that supports entrepreneurship, technology, and innovation by providing grants and venture capital funding to small businesses and startups.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Xplosion Technology | Nov 2023 | Grant | Co-investor |
| Better Chew | Jan 2025 | Grant | Lead |
| VivoSphere | Sep 2024 | Grant | Co-investor |
| TruSpin Nanomaterial Innovation | Oct 2023 | Grant | Co-investor |
| Endomimetics, LLC | Sep 2022 | Grant | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is InvestAL based?
InvestAL is headquartered in Birmingham, Alabama, United States.
When was InvestAL founded?
InvestAL was founded in 2021.
How many portfolio companies does InvestAL have?
InvestAL has 13 portfolio companies in Caplight's dataset.
What are some companies in InvestAL's portfolio?
Portfolio companies visible on Caplight include Xplosion Technology, Better Chew, VivoSphere, TruSpin Nanomaterial Innovation, Endomimetics, LLC.
What was InvestAL's most recent investment shown here?
InvestAL's most recent investment in this portfolio sample was in Better Chew in 2025.
What sectors does InvestAL focus on?
InvestAL focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, FinTech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, FinTech, Energy & Sustainability, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech.
What company stages does InvestAL focus on?
InvestAL typically invests at the MultiStage stage.
What is InvestAL's AUM?
InvestAL's assets under management are estimated between $25.0M and $25.0M.