The music, the Southern vibe, the access to capital, the business opportunities, the high-tech workforce … the list goes on and on, but all roads these days seem to lead to Nashville. That’s not lost on Launch Tennessee. In fact, we’ve helped make this convergence happen. And it’s why 36|86, our signature conference, will show visitors all of the above and much more June 8-10.
Gig Tank 2015 is under way. Sort of. This year’s edition of Gig Tank, the accelerator for startups developing business applications needing the ultra-high bandwidth network that began growing here with Chattanooga’s Gig, began earlier in May with a virtual assessment phase. Eight out of 14 teams will be onsite for the summer, starting next week, and the remaining six will participate virtually, holding dual citizenship in other accelerators at the same time. Twelve teams will focus on high-bandwidth applications that need the Gig, and two will focus on 3-D printing.
Knoxville News Sentinel
Knoxville music tech startup Closeup.fm has closed a round of funding from Angel Capital Group. Founded by Austin Church and Nathan Fray, Closeup.fm is a direct-to-fan concert booking platform that gives independent bands the tools to find free venues, book shows and launch tours. The startup, which released a full-featured version of its platform last December, is also working to develop new technology to help young artists who struggle to sell tickets.
Memphis Daily News
Over a selection of beverages and light hors d’oeuvres at a recent gathering, a group of entrepreneurs and startup teams held court at the Memphis Bioworks Foundation for a networking session, introduced themselves to the community and got a general welcome to Memphis. Meanwhile, they’ve already started on what happens next. The fourth year of the ZeroTo510 Medical Device Accelerator is now underway, a 12-week program that cultivates and seeds medical device-focused startup teams with funding and help in developing potentially breakthrough companies focused on cutting-edge products.
DART Music is a graduate team from the EC’s inaugural year of Project Music, which is the center’s first EC-hosted in-house accelerator in Nashville. The company has reported a raise of $1.5M over the past few weeks (although it has yet to file SEC documentation). The raise is about triple the amount of all other Project Music teams combined, according to the accelerator’s initial numbers.
Chattanooga Times Free Press
Chattanooga has more finalist companies than any other city in the state in one of Launch Tennessee’s biggest annual events aimed at connecting Southern startups with investors. Feetz, PriceWaiter, RootsRated and ZipFlip are among 11 Tennessee companies and 36 Southeast companies to be selected for 36|86. The pitching and networking event intentionally focuses on Southern startups, giving them exposure and bringing investors from other parts of the country to them.
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