St. Pete tech company raises $11M in Series A round

St. Petersburg-based SKUx, a blockchain-based startup focusing on the fintech sector, has raised $11 million in a Series A funding round.

SKUx’s Series A round was led by a "strategic family office investor" focused on fintech and payments. New York-based Advection Growth Capital also had significant participation in the round among other strategic investors in the consumer goods, retail and health care industries, according to the company's Tuesday announcement.

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City increases low-income options for Edward White project

The city has updated its plan of flipping the shuttered Edward White Hospital into a 70-unit affordable housing development.

The future complex will now serve more residents nearing the brink of homelessness.

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