Innova Memphis

Innova Memphis, established in 2007 by the Memphis Bioworks Foundation, is a venture capital firm located in Memphis, Tennessee. The firm specializes in pre-seed, seed, and early-stage investments in high-growth companies within the biosciences, technology, and agri-tech sectors. Innova aims to connect capital with innovative ideas to develop groundbreaking products and services. By investing in start-ups, the firm not only supports their growth but also facilitates partnerships with established corporations for licensing or further investment opportunities. With a team experienced in management and market expertise, Innova is equipped to transform concepts into viable business units ready to compete in the market. Their approach combines technical knowledge, proven staffing, and appropriate funding to maximize the potential for success in the competitive landscape.

Jan Bouten

Partner

Dean Didato

Partner

Nate Smith

Associate

Brandon Wellford

Chief Financial Officer

Ken Woody

Founder & Partner

Past deals in Iowa

Tractor Zoom

Series A in 2020
Tractor Zoom, Inc. operates an online platform that connects farm equipment auctioneers with potential buyers. Founded in 2017 and based in Urbandale, Iowa, the company provides a mobile application designed for auctioneers to list and promote farm machinery auctions while allowing buyers to search and browse available equipment. Additionally, Tractor Zoom serves as a search engine for heavy equipment auctions and a database for market trends, utilizing big data and technology to help customers efficiently find and assess the value of heavy equipment. Through its innovative approach, Tractor Zoom aims to simplify the business processes and decision-making of its users in the agricultural sector.

Rantizo

Series A in 2020
Rantizo delivers targeted liquid dry applications for agriculture precisely where and when they are needed in the field.The company's system utilizes an electrostatic spraying technology which reduces problems with uneven coverage and covers crops uniformly, enabling farmers to apply pesticides and chemicals in the farms evenly without a hassle and within a short duration of time.

SwineTech

Series A in 2020
SwineTech is a mechanical and industrial engineering company that bridges the gap between producers and pigs through artificial intelligence and sensor-based technologies. The company specializes in the fields of machine learning, audio, and pork production. SwineTech was founded in 2015 and headquartered in Cedar Rapids, Iowa.

Sigma0

Pre Seed Round in 2020
Sigma0 enables seed and crop management companies to access agronomic insights derived from radar technology, enabling them to zero in on crop detail and provide better decisions to farmers. Our solution is more affordable than existing radar technology, simple to use and allows for insights to be derived at any time of day. Sigma0 builds upon years of expertise in radar technology to deliver the first-of-a-kind radar technology data platform for Ag use.

Rantizo

Convertible Note in 2019
Rantizo delivers targeted liquid dry applications for agriculture precisely where and when they are needed in the field.The company's system utilizes an electrostatic spraying technology which reduces problems with uneven coverage and covers crops uniformly, enabling farmers to apply pesticides and chemicals in the farms evenly without a hassle and within a short duration of time.

Tractor Zoom

Seed Round in 2019
Tractor Zoom, Inc. operates an online platform that connects farm equipment auctioneers with potential buyers. Founded in 2017 and based in Urbandale, Iowa, the company provides a mobile application designed for auctioneers to list and promote farm machinery auctions while allowing buyers to search and browse available equipment. Additionally, Tractor Zoom serves as a search engine for heavy equipment auctions and a database for market trends, utilizing big data and technology to help customers efficiently find and assess the value of heavy equipment. Through its innovative approach, Tractor Zoom aims to simplify the business processes and decision-making of its users in the agricultural sector.

Rantizo

Convertible Note in 2018
Rantizo delivers targeted liquid dry applications for agriculture precisely where and when they are needed in the field.The company's system utilizes an electrostatic spraying technology which reduces problems with uneven coverage and covers crops uniformly, enabling farmers to apply pesticides and chemicals in the farms evenly without a hassle and within a short duration of time.

Tractor Zoom

Seed Round in 2018
Tractor Zoom, Inc. operates an online platform that connects farm equipment auctioneers with potential buyers. Founded in 2017 and based in Urbandale, Iowa, the company provides a mobile application designed for auctioneers to list and promote farm machinery auctions while allowing buyers to search and browse available equipment. Additionally, Tractor Zoom serves as a search engine for heavy equipment auctions and a database for market trends, utilizing big data and technology to help customers efficiently find and assess the value of heavy equipment. Through its innovative approach, Tractor Zoom aims to simplify the business processes and decision-making of its users in the agricultural sector.

AgriSync

Seed Round in 2018
AgriSync, Inc. develops a cloud-based software solution for mobile collaboration and customer support in agriculture. The company offers a platform for advisors to see, solve, and track support issues and educate farmer customers, as well as farmers to connect with their advisors. AgriSync, Inc. was formerly known as DataYeild, LLC. The company was incorporated in 2014 and is based in Waukee, Iowa.

AgriSync

Seed Round in 2017
AgriSync, Inc. develops a cloud-based software solution for mobile collaboration and customer support in agriculture. The company offers a platform for advisors to see, solve, and track support issues and educate farmer customers, as well as farmers to connect with their advisors. AgriSync, Inc. was formerly known as DataYeild, LLC. The company was incorporated in 2014 and is based in Waukee, Iowa.