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Mississippi Business

Rumie Closes $450k Seed Round, Sets Sights on Wide Adoption Via College Campuses

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10 months ago

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In early 2023, Rumie App LLC, an Oxford-based technology startup founded by University of Mississippi students, earned a $100,000 Mississippi Seed Fund award to help them realize the potential in their campus-based marketplace for students. The only thing holding CEO Tanner McCraney back—even a little—was his final semester of study.

“I was a full-time student. Patrick [Phillips] and Caki [Field] were students as well,” McCraney said. Phillips is co-founder and COO, while Field heads marketing and outreach. “We’ve had to transition from students to full-time business owners and founders.”

rumie is an app-based online marketplace for college students that enables them to buy, sell or rent merchandise among one another while remaining safely on campus. The app requires…

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By: jacksonfreepress
Title: Rumie Closes $450k Seed Round, Sets Sights on Wide Adoption Via College Campuses
Sourced From: www.innovate.ms/rumie-closes-450k-seed-round-sets-sights-on-wide-adoption-via-college-campuses/
Published Date: Fri, 02 Feb 2024 22:56:03 +0000


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Mississippi Business

Superior Optical Lab expanding operations in Jackson County

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1 month ago

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October 16, 2024

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mississippi.org – Ken patterson – 2024-10-16 10:00:00

SUMMARY: Superior Optical Lab, an eyeglass manufacturer in Jackson County, is expanding with a corporate investment of approximately $12.5 million, creating 188 jobs. The company, which operates one of America’s leading optical laboratories, recently added 45,000 square feet of production space to enhance efficiency. The Mississippi Development Authority and Jackson County are supporting the expansion project. Founded in 1991 by a U.S. Navy veteran, Superior Optical Lab is dedicated to providing affordable eyewear to veterans. Local officials, including Gov. Tate Reeves, express pride in supporting veteran-owned businesses and the positive impact on the Gulf Coast region’s economy.

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Mississippi Business

Salad Days Produce expanding in Madison County

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1 month ago

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October 8, 2024

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mississippi.org – Ken patterson – 2024-10-08 14:00:00

SUMMARY: Salad Days Produce, a hydroponic lettuce producer based in Flora, Mississippi, is expanding its operations with an $8.18 million investment, creating at least 12 jobs. The new 65,000-square-foot facility at Flora Industrial Park will significantly increase production capacity, enabling the company to serve larger grocery chains and regional distributors. This expansion is expected to be completed by July 2025, supported by the Mississippi Flexible Tax Incentive program. Local officials highlight the positive economic impact and growth in the food-service market that will result from this project, reinforcing Madison County’s emerging status as a food-sector hub.

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Mississippi Business

Exxel Outdoors locating operations in Tupelo

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2 months ago

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September 26, 2024

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mississippi.org – Ken patterson – 2024-09-26 10:00:10

SUMMARY: Exxel Outdoors, a leading manufacturer of outdoor and military gear, is relocating its national warehousing and distribution center from Reno, Nevada, to Tupelo, Mississippi, creating at least 40 jobs with a corporate investment exceeding $2 million. This move enhances delivery efficiency by positioning the company closer to its customers and its manufacturing plant in Haleyville, Alabama. Supported by the Mississippi Development Authority’s MFLEX program and local agencies, Exxel’s arrival is expected to diversify the local economy and foster business growth in Tupelo. The company will begin hiring immediately, reflecting Mississippi’s commitment to a conducive business environment.

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