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The South Florida Venture Tech Chronicle Blog goes beyond the headlines.
Here, founders, investors, and industry experts share their perspectives on emerging technologies, investment strategies, and the challenges shaping our innovation ecosystem.
Expect thought leadership, data-driven opinions, and long-form features that deepen understanding of where tech is headed next.
Levita Magnetics Expands in Miami as Magnetic-Assisted Robotic Surgery Debuts in Florida
Levita Magnetics is expanding in Miami as its MARS robotic surgery platform makes its Florida debut at HCA Florida Mercy Hospital. The technology combines magnetics and robotics to reduce incisions during minimally invasive procedures. Miami will also serve as a hub for surgeon training and expansion across the East Coast and Latin America. The move strengthens South Florida’s growing medtech and healthcare innovation ecosystem.
SoftBank Didn’t Just Buy Boca Raton-Based DigitalBridge. It Bought an Engine for Financing the AI Buildout.
SoftBank’s $4 billion acquisition of Boca Raton-based DigitalBridge is about more than data centers. The deal gives SoftBank an investment-management platform capable of mobilizing institutional capital to help finance the next generation of AI infrastructure.
Global Logistics Leader GXO Selects Fort Lauderdale for New Regional Office
GXO Logistics, the world’s largest pure-play contract logistics provider, is opening a 35,000-square-foot regional office at T3 FAT Village in Fort Lauderdale, strengthening Broward County’s growing position as a hub for logistics, technology and corporate investment.
South Florida's Keith Sonderling Confirmed as U.S. Secretary of Labor
Boca Raton native Keith Sonderling has been confirmed as the 31st U.S. Secretary of Labor. A leading voice on AI in the workplace and the future of work, Sonderling will help shape national workforce policy as emerging technologies transform how America works.
Miami-Based TrustedRouter Raises $1.25M as AI Model Routing Gains Momentum
Miami-based TrustedRouter has raised $1.25 million in seed funding as demand grows for infrastructure connecting businesses with multiple AI models. The startup provides access to more than 600 models across over 81 providers while helping users select models based on performance, cost, privacy, and reliability. TrustedRouter is also emphasizing confidential computing and open-source technology to protect sensitive customer data. The funding adds another AI infrastructure startup to South Florida’s growing technology ecosystem.
From Corporate Campus to Innovation Corridor: The Reinvention of Office Depot’s Boca Raton HQ
Office Depot’s longtime Boca Raton headquarters is undergoing a major transformation into The Eclipse, a mixed-use corporate and residential destination. BH Group and PEBB Enterprises acquired the nearly 29-acre property for $104 million and are adding housing, restaurants, retail, wellness, and new corporate tenants. Office Depot’s parent company will maintain its global headquarters at the property through at least 2033. The redevelopment reflects a broader shift in Boca Raton from traditional corporate campuses toward interconnected business and innovation districts.
Nu Launches U.S. Banking Platform as Miami Becomes Key Hub for Global Expansion
Nu is expanding into the United States after building one of Latin America’s largest digital financial platforms, serving more than 140 million customers. The company has launched U.S. banking products while pursuing its own national bank charter and introducing Nu Global for cross-border financial services. Miami is playing a central role in that expansion through Nu’s growing presence and partnership with Inter Miami CF. The move further strengthens South Florida’s position as a bridge between the U.S., Latin America, and the global fintech economy.
Related Ross Expands Palm Beach County Footprint With Village Landing Acquisition
Related Ross is expanding its Palm Beach County presence with Village Landing, a 71-acre mixed-use development planned for Wellington. The project will bring approximately 220,000 square feet of retail, more than 100,000 square feet of restaurants, 90,000 square feet of offices, and a 180-room hotel. Designed as a walkable town center, Village Landing will also feature plazas, green spaces, a village square, and a lakefront boardwalk. Construction is expected to begin in fall 2026 as Related Ross expands beyond its West Palm Beach base.
FIU Lands IonQ Quantum Computer, Bringing Advanced Quantum Computing to Miami
Florida International University is bringing advanced quantum computing directly to Miami through a new partnership with IonQ. The university plans to install a Superion 256 trapped-ion quantum computer on campus in late 2027, becoming the first Florida university to acquire a full-stack trapped-ion system. Researchers and students will use the technology to explore applications across energy, cybersecurity, healthcare, and other fields. The investment adds another major piece of infrastructure to South Florida’s rapidly developing quantum technology ecosystem.
From Wrenches to Software: Palm Beach State College Invests $5.2M in the Future of Automotive Technology
Palm Beach State College is investing $5.2 million in its automotive technology program at the Lake Worth campus. The investment combines $1.1 million in state funding with $4.1 million in federal funding to expand training in electric, hybrid, alternative-fuel, and diesel vehicle systems. A new 850-hour program is scheduled to launch in February 2027 with hands-on training in high-voltage systems, batteries, diagnostics, and advanced vehicle technology. The initiative reflects the growing intersection of skilled trades, software, electronics, and transportation technology.
Driftwood Capital Names David Resnick and David Steiner Co-CIOs Amid Investment Growth
Driftwood Capital has named David Resnick and David Steiner co-chief investment officers as the Coral Gables-based investment firm expands across equity, credit, hospitality, and mixed-use development. Resnick brings experience leading major real estate investments, while Steiner helped build Driftwood’s credit platform. The leadership changes come as Driftwood expands its Coral Gables headquarters and launches new investment vehicles. The appointments position the two executives to jointly oversee strategy, capital allocation, origination, underwriting, and portfolio management.
Fintech Split Pay Raises $125M to Rethink How Consumers Pay Their Biggest Bills
Miami-based fintech Split Pay has raised $125 million across back-to-back Series A and Series B funding rounds led by Khosla Ventures. The company uses AI-powered cash-flow underwriting to help consumers manage major recurring expenses by changing when payments leave their accounts. Split Pay says it has reached approximately one million users and reported 70X growth over the past 12 months. The funding will support the company’s expansion beyond rent into a broader consumer financial platform.
Palm Beach AI Company DeLorean Acquired by WellStack in Healthcare Intelligence Deal
Palm Beach-based DeLorean Artificial Intelligence has been acquired by healthcare technology company WellStack in a deal combining predictive AI with healthcare data infrastructure. Founded in 2019, DeLorean developed technology designed to identify patient risks, predict disease progression, and support proactive interventions. The company had raised approximately $7.55 million before the acquisition. The transaction adds another healthcare AI exit to South Florida’s growing technology ecosystem.
Tri-Rail Enters a New Era as Dave Kubicek Takes the Helm Amid Record Ridership and a New Funding Strategy
Tri-Rail enters a new era under Executive Director Dave Kubicek as growing ridership, new funding strategies, and regional development opportunities reshape the future of South Florida transit.
DermaSensor Adds $5M as AI Skin Cancer Technology Moves Into National Scale-Up
Miami-based DermaSensor has secured approximately $5 million in new financing as it advances the national commercialization of its AI-powered skin cancer assessment device. The company’s latest funding includes a $4 million Series B extension and more than $1 million from a Wefunder community investment campaign. With more than 45,000 suspicious lesions scanned and new partnerships with Henry Schein, healthcare systems, and the VA market, DermaSensor is shifting from clinical validation toward broad adoption. The milestone highlights South Florida’s growing role in medical technology and healthcare innovation.
More Than a Campus: Vanderbilt’s Vision for South Florida’s Next Innovation Hub
Vanderbilt University’s planned West Palm Beach campus is emerging as a major addition to South Florida’s innovation ecosystem. Focused on graduate education, research, AI, engineering, finance, defense technology, and space innovation, the campus is expected to serve approximately 1,000 graduate students annually. The university also envisions partnerships connecting researchers, entrepreneurs, investors, employers, and the broader community. Its presence could help develop local talent, support startup formation, and strengthen the region’s position as a growing technology and financial hub.
Pratt & Whitney’s Latest Investments Put South Florida’s Aerospace Economy in the Spotlight
Pratt & Whitney’s latest investments are highlighting West Palm Beach’s role in South Florida’s growing aerospace economy. The company is investing $20 million to expand its local engine maintenance facility while securing a nearly $1.3 billion F135 sustainment contract. Together, the developments connect the region to commercial aviation, military propulsion and advanced manufacturing. The activity also creates opportunities for skilled talent, suppliers and emerging defense technology companies. South Florida’s aerospace sector is becoming an increasingly important part of its broader innovation economy.
2150 Co-Founder Christian Hernandez Gallardo Leaves VC Role to Help Scale Boca Raton-Based Blue Frontier
2150 co-founder Christian Hernandez Gallardo is leaving venture capital to become Executive Chair of Boca Raton-based Blue Frontier, helping the climate-tech company scale manufacturing, expand internationally and capitalize on growing demand for energy-efficient cooling as AI and data centers place new pressure on the electrical grid.
West Pam Beach-Based Powerus Secures Air Force IDIQ Contract Worth Up to $90M
West Palm Beach-based Powerus has secured a U.S. Air Force contract with a ceiling of up to $90 million, expanding its role in autonomous defense technology. The company develops drones, counter-drone systems, sensors, software and other autonomous technologies for defense applications. Powerus is also pursuing a potential public-market transaction as it scales its portfolio. New strategic advisors with senior military and national security experience are further strengthening the company’s leadership. The developments add momentum to South Florida’s growing defense and autonomous technology ecosystem.
Andreessen Horowitz Expands to West Palm Beach Adding Venture Capital Amid Defense-Tech Momentum
Andreessen Horowitz is establishing its American Dynamism regional headquarters in West Palm Beach, adding institutional venture capital to South Florida’s growing concentration of defense, aerospace and advanced-technology companies. The move raises a bigger question: Is South Florida becoming a place where the next generation of defense-tech companies can be built and scaled?