Skip links

August 17th, 2015

August 17th, 2015

TENNESSEE INNOVATION IN THE NEWS
AngelSummit US for Investors to be Held October 13-14 in Chattanooga
The Chattanoogan
Startup Angels, the global platform for new angel investors to learn about startup investing and expert investors to learn about new markets, will hold AngelSummit US, Oct. 13-14, in Chattanooga. AngelSummit US will bring together leaders from across the country for a two-day conference on the future of startup investing. Participants will include forward-thinking investors and entrepreneurs, and trail-blazing corporate innovation and community leaders from the US, Latin America and beyond.

CamPlex Files Form D, Raises $1.3 Million
SouthernAlpha
CamPlex, a Germantown-based startup, recently filed its form D with the SEC. According to the filing by the company with a focus on developing surgical visualization systems, they have so far been able to raise nearly $1.3 million, with $700,000 remaining to be sold. Founded in 2014, CamPlex’s main seed investor is Memphis’ MB Venture Partners, from their TNInvestco fund.  Gary Stevenson, co-founder of MB Venture Partners, says that his group has invested in 24 startups from their TNInvestco fund, with nearly all of them in the Memphis area.  All of their TNInvestco startups are in the medical field with most either in medical device or biotech sectors.

Demo Day Brings Together Start Co., ZeroTo510 Entrepreneurs
The Daily News
The entrepreneurial ecosystem was more abundant than ever at Demo Day 2015, where Start Co. and ZeroTo510 worked in conjunction for the first time to present graduates of their business accelerator programs to investors and community leaders. “For us, we wanted to highlight the strength of our community as a whole,” said Eric Mathews, Start Co. CEO, of the partnership. “It’s hard to find a great time when you’re trying to attract investors from all over the country. If we separated our programs, they’d have to end up picking one or the other, and that’s not really good for us as a community either.

Nanomechanics Receicves Another SBIR Awards
Teknovation
We recently noted that the U.S. Small Business Administration (SBA) has recognized Oak Ridge-based Nanomechanics with its “Tennessee 2015 Small Business Exporter of the Year” award.Now, the company has received another recognition from the Tennessee Small Business Development Center (TSBDC) at Roane State Community College. This one is the “Tennessee 2015 Rising Star Award.”

Nashville Girl Geek Dinner #12: Sponsored by Emdeon
Nashville Girl Geek
A developer, a behavioral scientist and a creative director walk into a bar… Okay, so they didn’t really walk into a bar, but they did come together – along with more than a dozen others – about a year ago to redesign Change Healthcare’s user interface and user experience. At this month’s Nashville Girl Geek Dinner event, sponsored by Emdeon, we’ll get a behind-the-scenes look at Change Healthcare’s UI/UX project from three very different perspectives. We’ll also learn how a handful of guiding principles helped the team make critical decisions at every turn.

The TENN Alum AgSmarts Raising Follow-On Seed Round as Revenues Grow
AgFunder News
AgSmarts, a precision agriculture company focused on embedding intelligence, industrial controls and remote environmental sensing into various agronomic applications, is raising a $750,000 – $1 million follow-on seed investment round. This round is being led by a new, strategic investor, five months after the company went into commercialization and started selling its product. The Memphis, Tennessee-based company, which uses environmental-sensing technology, predictive analytics, and farm equipment automation, sells sensors, environmental monitoring stations and the software to analyze the data they gather. With this, the company aims to help farmers maximize crop yields, optimize water and energy use and reduce operational expenses.

Though Daily Clips is no longer active, you can still get the latest in top news on Tennessee startups, resources, events and more by signing up for the LaunchTN Newsletter.
Return to top of page