Innova Memphis

LaunchTN: McWhorter board resignation adds to agency's to-do's

Jan 27, 2015 at 01:15 pm by miltcapps

Update: See ECD comment added below.-Ed. LAUNCHTN, led by CEO Charlie Brock and new Chairman and State Economic Development Commissioner Randy Boyd, has an ample list of to-d.... Read More

PEOPLE: Anand Sanwal's CB Insights has eyes on Nashville + Tennessee

Dec 08, 2014 at 01:30 pm by miltcapps

THOUGH publisher CB Insights inevitably focuses much of its attention on VC and Private Equity investors in much larger markets, the company is thus far tracking hundreds of T.... Read More

GigVision: Chattanooga pushes toward role as high-tech launchpad

Dec 08, 2014 at 01:00 pm by miltcapps

GIGTANK IV's sharper strategic focus seems likely to shift Chattanooga's role from Gigabit startup booster toward that of true Technology basecamp. On Dec. 2, the governing b.... Read More

Innova Memphis: Innova Fund III announced $20MM first close

Sep 08, 2014 at 08:00 am by miltcapps

Updated 10 Sept.: Innova told the Commercial Appeal that Fund III could go as high as $35MM; also, Innova could explore creating an Agriculture-oriented fund, report.... Read More

SeedHatchery: eDivv eyes Big Apple for beauty-barter startup

Sep 08, 2014 at 08:00 am by miltcapps

Updated Dec. 18, 2014 - StartCo announced that eDivv has thus far raised a total $242K, including earlier debt, now converted.-Ed. EDIVV INC., an online marketplace for.... Read More

Care Technology Systems says Healthcare venture veteran Hertik joins board

Sep 04, 2012 at 11:29 am by miltcapps

CARE TECHNOLOGY SYSTEMS, the Nashville-based provider of comprehensive electronic monitoring for the elderly or disabled living independently, has added entrepreneur-investor.... Read More

VentureNotes: Council Capital, Solidus at Work

Aug 27, 2012 at 12:54 pm by miltcapps

Dennis Bottorff COUNCIL CAPITAL-backed NuScriptRX, the Nashville-based mail order institutional pharmacy, has reached a $30MM revenue run-rate and has closed on a gro.... Read More

Managers see TNInvestco benefits, Sen. Kyle restates case for outreach

Mar 05, 2012 at 09:00 am by miltcapps

TNINVESTCO fund managers are invariably cautious when commenting in public on the prospects for further rounds of TNInvestco funding. Nonetheless, the atmosphere was decidedl.... Read More

Noted: Tailwind, McWhorters buy into Cumberland Consulting

Jan 05, 2012 at 06:58 am by miltcapps

Health IT services provider Cumberland Consulting Group, based in Franklin, announced Jan. 4 that some of its management team have joined with New York City-based Tailwind Cap.... Read More

TNInvestco funds stay busy with further tech-sector investments

Jan 04, 2012 at 08:35 am by miltcapps

AT LEAST SIX of the state's 10 TNInvestco funds have recently reported transactions with early-stage companies. TriStar Technology Fund invested $1MM in Montara, Calif.-.... Read More

Parental Health attracts Innova Fund II as investors close Series A cap raise

Dec 01, 2011 at 10:16 am by miltcapps

Update Jan. 4, 2012: An Innova filing with State ECD indicates the fund has invested at least $750K in Parent Health.-Ed. PARENTAL HEALTH, the two-year-old Franklin "age-in-pl.... Read More

Rabbit Hole Creative projects disruptive video, with more to be revealed

Dec 01, 2011 at 10:11 am by miltcapps

Note 22 Sept. 2016: Rabbit Hole was acquired by Nashville/Boston-based Ovation. founded by Clay Sifford. Former Rabbit Hole Operations Director Mark Eicher remains with Ovatio.... Read More

BIONewsTN, Nov. 7, 2011

Nov 07, 2011 at 06:29 am by miltcapps

 Pitt Hyde ► University of Tennessee Research Foundation is host for "Invention to Venture" Friday, Nov. 11, for those interested in entrepreneurship i.... Read More

Commercialization: UTSC's Dale reviews Vaxent's progress on Strep-A vaccine

Nov 06, 2011 at 02:25 pm by miltcapps

Memphis-based Vaxent, the vaccine-development company focused on Group A streptococcus (GAS), is likely to seek a commercialization partner or raise capital by 2014, said co-f.... Read More

JumpStart grad 'RentStuff.com' taps network for Seed capital

Oct 03, 2011 at 08:19 am by miltcapps

RentStuff Inc., the Nashville startup whose online platform supports transactions among people who borrow and lend things, is nearly ready to trade some of its shares for seed.... Read More

Angel Capital Group chapter fate uncertain in Memphis

Oct 03, 2011 at 08:19 am by miltcapps

The fate of the infant Memphis Chapter of the Nashville-based Angel Capital Group (ACG) is uncertain and the group has been closed, at least temporarily. ACG founder and Presi.... Read More

Cumberland Signal startup takes off in aviation sector with investors onboard

Jul 05, 2011 at 07:42 am by miltcapps

RICHARD HARDIN'S Cumberland Signal Labs is taking off on more than a wing and a prayer. Hardin's wiring hub for aircraft instrumentation has attracted investors, the cur.... Read More

NewsBits, July 5, 2011

Jul 04, 2011 at 07:56 pm by miltcapps

Gov. Haslam ► GOV. BILL HASLAM's economic-development conference will be Sept. 22-23 at the Renaissance Hotel, Nashville. The governor recently announced an appointme.... Read More

Angel-backed Chattanooga Renaissance Fund launches

Mar 15, 2011 at 09:56 am by miltcapps

The Chattanooga Renaissance Fund (CRF), an angel network, has been launched in that city with an initial $3 million, said general partner Charlie Brock, who is also a partner.... Read More

TNInvestco: Welcome to the 'Messy World' of Capitalism

Mar 14, 2011 at 08:38 am by miltcapps

TNInvestco, the capital-formation and jobs-creation initiative crafted by a momentarily bi-partisan Tennessee General Assembly and the Administration of then-Gov. Phil Bredese.... Read More

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