305 Ventures, an early stage venture fund run by active founders that invest in Miami-based technology startups, and Dragon Global, a private investment firm focused on venture capital and innovative real estate investments, are jointly hosting the Dragon House with numerous top AI engineers this week during Miami Hack Week, which concludes on Friday, August 6.
Spearheaded by Backend Capital, an early-stage fund focused on investing in brilliant engineers, this hackathon is Miami’s first since COVID-19 began and is helping recruit top engineering talent to the city.
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Zaid Rahman, Co-founder of 305 Ventures and CEO of Miami-based Flexbase, an automated payment platform which helps construction businesses get paid faster and more efficiently, says, “Miami is quickly becoming a ‘capital of capital’ in a post COVID-19 era. It seems the city is finally having its moment, with the sudden influx of financial and technology professionals from New York City and California. Co-hosting a house during Miami Hack Week is helping 305 Ventures identify promising new investment opportunities in the area.”
Bob Zangrillo, Founder of Dragon Global and Co-Founder of Magic City Innovation District, who has invested in Facebook, Uber, Didi, Jet.com, and other prolific technology companies, says, “Dragon Global’s mission is to leverage artificial Intelligence (AI) to evolve humanity and the world. This hackathon culminates our decade long thesis that Miami will attract the best talent in technology, innovative real estate and asset management. We are now seeing this become a reality as Miami is evolving into a leading US global business hub.”
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Miami is emerging as a global technology and engineering center, especially as the traditional metropolitan centers, such as New York and San Francisco, are fundamentally decentralizing workforces to be hybrid or distributed. Rahman himself recently relocated from San Francisco to Miami, drawn to its vibrant culture, more affordable lifestyle and a business environment that is very responsive and friendly to technologists.
“Miami Hack Week, the first event of its kind in 18 months, serves as a vital launch pad for expanding Miami’s technology and engineering brain trust,” continues Rahman. “For the entire week, hackers are working on ideas ranging from artificial intelligence to direct to consumer products. The week culminates with an expo on Friday where the hackathon winner will be announced and receive a grand prize. In addition, 305 Ventures is hosting an invite-only awards after-party on Friday evening.”
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