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March 25th, 2015

March 25th, 2015

TENNESSEE INNOVATION IN THE NEWS

Accelerator Outlook: Knoxville Entrepreneur Center
Teknovation
This is the third article in a multi-part series focused on Launch Tennessee’s accelerator program and the regional accelerators that operate in the eastern half of Tennessee. Today, we examine the plans of the Knoxville Entrepreneur Center.

AgSmarts Enters the Market with Precision Irrigation System (TENN Team)
AgFunder
AgSmarts, a precision agriculture irrigation system equipped with moisture sensing technology and cloud-based data analytics, raised $850,000 in an overfunded campaign with AgFunder back in December. The startup is now transitioning from research and development to the commercial market, with a batch of 50 units set to hit shelves this month.

Ambition is Running Their Own March Madness to Determine Top SaaS Company
Southern/alpha
Chattanooga startup Ambition is running a “March Madness” style tournament to decide the top SaaS company of 2015 on social media. Ambition COO Brian Trautschold and Marketing Director Jeremy Boudinet are both huge March Madness fans, knowledgeable about the SaaS industry. The two fused the ideas together and came up with a game for SaaS-based companies across the U.S.

InvisionHeart Hires Sales EVP
Nashville Post
Local cardiac data technology company InvisionHeart has named Melanie Varin executive vice president of sales and marketing. Most recently, Varin was the general manager of diagnostic cardiology US sales and marketing for GE Healthcare. Previously, she was responsible for the global marketing effort for GE Healthcare’s diagnostic cardiology division.

Silicone Arts Laboratories Gets $1.5 Million Investment from Innova and GPG Ventures
Memphis Business Journal
Memphis-based Innova was a key investor in a new round of funding for Memphis-based Silicone Arts Laboratories. Silicone Arts has completed a Series A Round of funding totaling $1.5 million. In addition to Innova, Dallas-based GPG Ventures was involved in the investment. The company manufactures Dermaflage, a cosmetic synthetic skin that includes a topical filler to conceal scars and wrinkles. Silicone Arts will use the funding to grow its direct to consumer site with the use of videos from real customers. Resources will also be used to grow medical sales channels with a new synthetic skin product that will redefine expectations for band aids.

Southeastern Medical Device Association Announces Nashville as Site of the SEMDA 2016 Conference
Life Science Tennessee
The Southeastern Medical Device Association (SEMDA) today announces that the 2016 SEMDA Conference will be held in Nashville, TN at the Music City Center on May 18-19. “We could not be more thrilled to host the SEMDA 2016 Conference in Nashville,” said Jim Stefansic, Chair of the 2016 Conference and Executive Chairman of the Board of Thermofield, Inc. “Our state’s history of medical device innovation and recent focus on entrepreneurship in the industry will be on display at the Music City Center next May. We look forward to interacting with other key industry leaders across the Southeast and beyond.”

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