Venture Notes - 8 September 2016
Published Thursday, September 8, 2016 2:30 pm
► AGLAUNCH Accelerator at Memphis Bioworks announced four startup companies were selected from a field of 17 to receive a $50,000 investment and participate in the 3-month program: Cowlar offers a livestock wearable device; Secure Food Solutions helps detect pathogens in the food supply; Skycision's solution helps detect crop stress through analysis of drone-collected imagery; YieldStart offers a biobased technology for seed coating and fertilizer encapsulation, helping farmers, seed companies and others. The accelerator is run by Memphis Bioworks' Ag Innovation Development Group (AgIDG). AgIDG is also pilot-testing startup AgVoice's voice-to-data collection technology for use by crop scouts. Read more here. Pivot man: Peter Nelson.
► STONY CREEK COLORS, led by founder Sarah Bellos, said it has successfully completed its previously announced $1.6MM Seed capital raise. Read more about the gameplan here.
► EVAmore, a Project Music alumnus via the Nashville Entrepreneur Center, said this morning it has completed an undisclosed Series A capital raise of undisclosed magnitude. Founders Channing Moreland and Makenzie Sokol remain in control, with Birmingham-based Steve Hines of the new Emergent Angel fund the lead investor for the A-round. Tech-driven EVAmore helps fans find their fave bands, among other services. Read more here.
► BUNKER Labs Nashville, the startup accelerator for military veterans, announced it's taking teams' applications through Sept. 21, 2016, for a season starting Sept. 28, based out of the Nashville Entrepreneur Center. Out front: Blake Hogan. VNC