Knoxville News Sentinel
In the eight years that Chris Cherry has been biking to work at the University of Tennessee, he’s seen an uptick in the number of fellow cyclists on the roads and greenways. “It’s definitely up and coming, but we have a ways to go. That’s why we need data. We have limited resources and we need to make sure we invest in the right way,” he said. An associate professor in the department of civil and environmental engineering, Cherry’s focus is transportation research, and well, there just aren’t a lot of ways to carefully measure cycling in urban settings like there are for cars.
A team from Chattanooga recently took home both the grand prize and the consumer’s choice honor at Edmunds.com’s 2015 Hackomotive event. The three-day event is a hack-a-thon modeled after those often done in the tech industry. Participants were charged with reimagining the future of car shopping and giving a business pitch about their vision. Third-generation auto dealer Tim Kelly and his team—Joe Alegre, Dewey Hammond and Austin Van Rider—pitched the idea of Zipflip, which they describe as the “Airbnb of car shopping.”
Venture Nashville Connections
EDGENET, the reborn provider of product-information management technology that helps its customers intercept buyers globally, is moving back into Nashville — and it’s top executive is coming with an agenda. CEO Steve Proctor confirmed that nearly a year after the bankruptcy of its predecessor company, Edgenet will by summer move from its Brentwood digs into larger, 10K-sq.-ft. offices on Sidco Drive in Metro/Nashville.
Knoxville News Sentinel
Knoxville entrepreneur Uta Preston is bringing German design and functionality to a new line of organic children’s clothing and sleep products. Preston, CEO of startup Little Fishkopp, launched her line of bright colored children’s sleeping bags and T-shirts in an event held at the Knoxville Entrepreneur Center. The Little Fishkopp sleeping bag is a safe alternative to loose blankets that gives parents peace of mind, Preston said.
Startup addiction treatment services company JourneyPure Inc. has completed its Series A investment led by Rolling Hills Ventures, the angel investment fund of Clayton Associates. The investment figure was not disclosed. The company has a three-facility network of inpatient and outpatient facilities in Tennessee and Florida and was co-founded by Kevin Lee, who formerly ran Polaris Hospital Co. Its offices are in Maryland Farms.
Spendsetter, formerly Moontoast, has signed a few major partners to a mobile-first platform that CEO Jason Weaver describes as “device direct” marketing. Spendsetter’s goal doesn’t stop at engaging customers through smartphone notifications. The team is also focused on developing a marketing and engagement strategy through Apple watch technology, and other wearables in the rollout strategy.
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.