Nashville Business Journal
Nashville-based music-tech startup Artiphon already had one pretty notable achievement this year: a $1.3 million Kickstarter campaign that ranked as one of the crowdfunding site’s best ever. Now the creators of the all-in-one instrument have another feather to add to their cap, courtesy of Time magazine. Artiphon’s Instrument 1 made the magazine’s list of “The 25 Best Inventions of 2015,” appearing alongside the ‘hoverboard’ scooter (which does not actually hover), shoes you can tie with one hand and the Tesla Model X, among others.
Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Lifetime Products, Inc. officials announced today the company will locate new manufacturing and distribution operations in Knox County. The leader in blow-molded plastic products will invest $115 million and create 500 jobs. “We want to thank Lifetime Products for choosing to invest in Tennessee and for creating 500 jobs in Knox County,” Haslam said. “It is always great news when a company decides to locate to Tennessee and our goal of making Tennessee the No. 1 location in the Southeast for high quality jobs is made possible with the support of companies like Lifetime.”
Knoxville News Sentinel
Startup funding network Angel Capital Group is making a $8.7 million bet on Oak Ridge-based advanced materials startup General Graphene in what Angel Capital CEO Eric Dobson calls the largest round of Series A financing in Tennessee’s history.
Memphis Daily News
Five hundred new companies in 10 years. That’s the idea that founded EPIcenter, short for Entrepreneurship-Powered Innovation Center, an organization looking to catalyze the entrepreneurial movement in Memphis. If the goal seems far off, consider how the Memphis entrepreneurial ecosystem has been brewing for a decade. Since just last year, Memphis Bioworks, ZeroTo510, Emerge Memphis and Start Co. have raised more than $3.75 million in capital and incubated or accelerated 50 new companies.
When New York City advertising and communication veteran Vann Graves left a job as an executive with global firm McCann-Erickson and moved to Chattanooga, some people were perplexed. And he understands that; before Graves came here, he himself might have questioned the move to head up local creative content agency Fancy Rhino. “Chattanooga is not what I expected,” the Harvard graduate said. Graves, who has been with the company since June, said he’s worked to broaden Fancy Rhino’s offerings. He’s brought several people from New York for positions in editing, production and strategy, he said.
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.