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July 29th, 2015

July 29th, 2015

Branch Technology, Paradrop Take Top Honors at GIGTANK Demo Day
Branch Technology, the company using 3D technology and large scale robotics to revolutionize the construction industry, won the “Investor’s Choice Award” at yesterday’s “GIGTANK Demo Day” in Chattanooga. Paradrop, a start-up pioneering technology for smarter routers in the home and office, captured the “People’s Choice Award.” By winning their respective categories, the two companies received a two-month free membership plus 20 percent off a three-month membership at the Society of Work. In addition, they will be pitching to a group of five Chattanooga-based funds.

Robert Tercek at GIGTANK: Science Fiction is Going to Become the New Normal
Author, former Oprah Winfrey Network and MTV executive, and “media futurist” Robert Tercek painted a picture of the future that looks a bit like what people imagined years ago in movies and books. In his the keynote address at The Company Lab’s annual Gig Tank Demo Day on Tuesday, he took the audience through an array of possibilities that technology could bring. “Science fiction is going to become the new normal,” he said.

Girls Day of Code Helps Guide Young Coders Beyond Event
Southern Alpha
On August 8, twelve cities and counting will be participating in the inaugural Girls Day of Code. Organized by Tennessee Code Academy’s 100 Girls of Code program, its goal is to spark the interest for girls 10-18 in computer programming.  For this very first Girls Day of Code, each host location will craft its own curriculum, mostly around html/css development. According to the National Center for Women and Information Technology, only 26% of computing occupations in the 2014 workforce were held by women. Given that an estimated 1.2 million computing-related job openings are expected by 2022 in the U.S. alone, it makes more sense than ever for young women to pursue the field of computer science.

D.C. Company Buys Hal Cato’s Health-Tech Startup
Nashville Business Journal
A publicly traded company based in Washington, D.C., has bought a Nashville-based health care startup. Zeumo, which allows hospitals to communicate with their doctors through tablets and phones, was bought by The Advisory Board Co., according to the Tennessean. Hal Cato founded Zeumo in 2012 for educators and students, but the business model expanded to its current focus. The Advisory Board has ties to several hospitals, allowing Zeumo to reach a larger customer base.

Centerstone Research Institute Eyes Capital for Healthcare Analytics Spin-Out
Venture Nashville
CRI CEO Tom Doub, Ph.D. told Venture Nashville the Nashville-based startup — currently dubbed Prizam Healthcare Technologies, but soon to be rebranded — is the first for-profit business created through CRI. All ownership in the spinout is currently held by a Centerstone entity. Doub is designated chairman of the spinout. CRI provides research, analytics and evaluation services and has received more than $130MM in research grants and has been involved in more than 150 studies, according to its website. It describes its mission as focused on accelerating research, technology and clinical innovation for the provision of care and overall patient experiences.

Y-12 Honors its Investors with Technology Transfer Awards
Y-12 National Security Complex
Twenty-nine Y‑12 inventors were recognized for their technology and innovation during the recent 11th Annual Technology Transfer Awards. The site has long been producing technologies initially used at Y‑12 and later transferred to the private sector. The patents that were awarded were in areas ranging from nuclear material simulation devices to enhancing the functional performance of machine tools.

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