Knoxville News Sentinel
Knoxville startup DataFlyte, which has patented technology that gives utilities the ability to read meters from the air, has received its first outside capital raise of $600,000 to launch the business. The capital has allowed DataFlyte to secure office space, hire four employees, receive approvals from the Federal Aviation Administration, finalize its patent applications and secure an airplane, said president and co-founder Jack Dischner.
Tax implications, a pile of legal documents and the logistics of deal screening often are enough to stop someone from becoming an accredited investor. Yet despite various setbacks, the Southern region of the U.S. is seeing more deal flow than ever for seed-stage technology-focused entrepreneurs. In Tennessee, InCrowd Capital is a front-runner when it comes to introducing new investors to the ecosystem.
High Ground News
Jimbo Lattimore says he’s probably the only chartered financial analyst who’s played every club on Beale Street. Now he’s putting his business acumen and musical passion to work as CEO of local start-up Musistic. The company has created a networking plug-in that allows for open, asynchronous collaboration between musicians recording anywhere in the world on virtually any digital recording platform.
Nashville Business Journal
Local resident Robbie Goldsmith has also noticed, and he’s betting big on the bachelor and bachelorette party industry not going away anytime soon. In 2012, he founded Bachelorette Nashville, a customizable party planning service for bachelorette parties in town. He’s since broadened the company’s focus and re-branded as Bach Weekend, an lifestyle company that he hopes to build into the country’s premier bachelor and bachelorette party planning and concierge service.
High Ground News
Entrepreneurs in the medical field are encouraged to attend a holiday networking social event hosted by the Mid-South LifeSciTN Academic Alliance Chapter on December 11 at Memphis Bioworks. The new chapter, which is supported by Memphis Bioworks, St. Jude Children’s Research Hospital, the University of Tennessee Health Science Center (UTHSC), the University of Memphis and Rhodes College, consists of graduate students and postdoctoral researchers interested in creating opportunities for entrepreneurship, career development and knowledge sharing with the goal of creating a more robust life science industry network.
Tennessee Code Academy
Tennessee Code Academy has launched Digital Pathways, a new code camp licensing program. The initiative empowers communities to place students in an engaging, real-world environment in which they are challenged to create with computer programming. The Digital Pathways program aims to make it easier for a community to conduct weeklong coding and digital literacy camps. The group trains a local instructor, provides camp supplies and offers application and payment processing. Treehouse just announced a formal partnership with Digital Pathways to provide discounted online learning for any student who attends these camps.
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