MOXIE IoT wins $100,000 in non-dilutive funding from EDPA’s Alabama Launchpad.

Two startup companies won a combined $150,000 in nondilutive funding in Alabama Launchpad’s recent 2020 Cycle 2 competition held on June 11.  The Economic Development Partnership of Alabama (EDPA) held its Alabama Launchpad Finale online, streaming on Facebook Live and alabamalaunchpad.com.

MOXIE, a startup that produces end-to-end Internet of Things (IoT) solutions for industrial companies, earned the $100,000 award in the seed stage. Led by CEO Ross Wesson, Moxie plans to use the funding to recruit expertise needed to fill roles critical to the company’s continued growth.