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December 11th, 2015

December 11th, 2015

TENNESSEE INNOVATION IN THE NEWS

DIYers, Local Company Variable Inc. Wants Your Feedback
Nooga.com
Chattanooga’s Variable Inc. wants feedback about a new product the tech company’s leaders are considering developing. The product would be low-cost and for the do-it-yourself market, Vice President of Marketing John Kowalski said. Variable Inc.’s initial product NODE has several sensors that can do anything from measure a person’s temperature to dampness in a basement. Another example is the NODE Plus ChromaPro, which identifies color. For this specific project, leaders are focusing on the ChromaPro sensor, which currently is used mainly in larger companies such as interior design firms and manufacturers.

Feetz to Bring Bespoke, 3D-Printed Shoes to Market in 2016
The Telegraph
The days of blisters and bruises from wearing uncomfortable shoes are (almost) over. Footwear will no longer require “breaking in” and every element of your shoe will one day be made bespoke, suiting your height, weight and even your style of gait. This is the promise made by Feetz, a Tennessee-based hi-tech manufacturing start-up, which has created an app and manufacturing concept that will allow shoppers to buy shoes that are unique to them using 3D printing technology. It has been running a private trial of its technology this year, and will be ready to launch its own line of made-to-measure shoes by the middle of next year, its founders claim.

GoNoodle Scores $5M
PE Hub
Nashville-based GoNoodle, a provider of online movement videos and games for teachers and parents to get children moving, has secured $5 million in funding. The company’s backers include Children’s Health, Chrysalis Ventures, SSM Partners, Gefinor Capital and Rand Capital. GoNoodle will use the investment to expand its reach, sales and marketing efforts, and to accelerate product innovation at school and home.

These Startup Accelerators Help Women Scale Their Companies
Forbes
There’s no question that more women are interested in starting companies. But even as more women launch and run companies, much of the startup world, from tech conferences to pitch events to the media, remains focused on male founders. Young, white male founders. Fortunately, there’s a growing ecosystem to support, advise, and fund women founders. It includes accelerators focused on supporting women-led companies, many of which have cropped up in the past few years, including Memphis’, ‘Upstart Accelerator’.

Venture Notes
Venture Nashville Connections
Updates on SSM Partners, Evermind, MindCare, POPVOX, JourneyPure, Contessa Health, Tortola Advisors, Agisent and InQuicker, all right here!

Knoxville Entrepreneur Center

The Demo Day countdown is on!  Join our CodeWorks teams for a first-ever Black-Tie Hacker Holiday Party AND CodeWorks Demo Day on December 17.  Special thanks to our partner in crime, Pershing Yoakley & Associates, who have been boots on the ground and in the trenches with each team during the entire accelerator.  Looking forward to seeing PYA in tuxes, and/or StarWars gear!  Do you need a tux, too? Click here for more details!


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