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 Tennessee

Stony Creek Colors

Convertible Note in 2022
Stony Creek Colors, Inc. is a manufacturer of bio-based colorants for the global textile industry, specializing in plant-based dyes. Founded in 2012 by Sarah Bellos and headquartered in Springfield, Tennessee, the company collaborates with small farmers in the Southeastern United States to produce its products. Stony Creek Colors focuses on providing sustainable color solutions to mills and brands, promoting environmentally friendly practices within the textile sector.

Glanris

Convertible Note in 2022
Glanris specializes in developing a sustainable filtration media for water purification, utilizing a non-toxic, agricultural by-product that is abundant and can be sourced locally. This innovative approach not only addresses the critical need for clean drinking water, particularly in developing countries, but also provides local farmers with a valuable additional income stream from a product that would otherwise be discarded. The company's biocarbon technology has demonstrated significant potential for carbon dioxide removal while effectively removing metals and organic contaminants from water. After two years of independent testing, Glanris's patented filtration media is now ready for production, offering a cost-effective solution for water purification and contributing to environmental sustainability.

Cast21

Seed Round in 2021
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

Path Ex

Convertible Note in 2021
Path Ex, Inc. is a Nashville-based company that specializes in manufacturing extracorporeal blood cleansing equipment. Established in 2017, Path Ex has developed a proprietary technology designed to selectively separate and capture bacteria and toxins from human blood, specifically for the treatment of sepsis, a critical condition often resulting from blood-borne infections. This innovative approach focuses on removing intact bacteria from the bloodstream instead of relying on broad-spectrum antibiotics, making it effective against various bacteria types and drug-resistant strains. The technology aims to improve patient outcomes by reducing diagnostic times, lowering treatment costs, decreasing readmission rates, and ultimately decreasing sepsis-related fatalities.

BioNova

Series A in 2021
BioNova has acquired a technology from the University of Memphis that involves a spongy material from the outer shells of lobster and shrimp. This material has a natural antibiotic effect and may have an additional antibiotic influence if soaked in antibiotics. BioNova has developed this process to treat post-surgical wounds.

Glanris

Series A in 2021
Glanris specializes in developing a sustainable filtration media for water purification, utilizing a non-toxic, agricultural by-product that is abundant and can be sourced locally. This innovative approach not only addresses the critical need for clean drinking water, particularly in developing countries, but also provides local farmers with a valuable additional income stream from a product that would otherwise be discarded. The company's biocarbon technology has demonstrated significant potential for carbon dioxide removal while effectively removing metals and organic contaminants from water. After two years of independent testing, Glanris's patented filtration media is now ready for production, offering a cost-effective solution for water purification and contributing to environmental sustainability.

Stony Creek Colors

Series B in 2021
Stony Creek Colors, Inc. is a manufacturer of bio-based colorants for the global textile industry, specializing in plant-based dyes. Founded in 2012 by Sarah Bellos and headquartered in Springfield, Tennessee, the company collaborates with small farmers in the Southeastern United States to produce its products. Stony Creek Colors focuses on providing sustainable color solutions to mills and brands, promoting environmentally friendly practices within the textile sector.

SOMAVAC Medical Solutions

Convertible Note in 2021
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

Soundways

Seed Round in 2021
Soundways is a sound technology company. The company is engaged in the production and supply of software-based mastering tools for use by sound engineers. Soundways was founded in 2016 and is headquartered in Memphis, Tennessee.

MedHaul

Seed Round in 2020
MedHaul offers cloud-based software solutions that ease the laborious and costly burdens of managing specialized patient transportation, especially for patients in low-income urban and rural communities. Hospitals, patients, and medical transportation providers now have an end-to-end platform that makes it easy to find and book transportation for patients with complex needs, while also streamlining the management of day-to-day transportation operations. MedHaul's goal is to help healthcare organizations manage this huge social barrier that drastically affects patient outcomes.

SweetBio

Convertible Note in 2020
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

Glanris

Series A in 2020
Glanris specializes in developing a sustainable filtration media for water purification, utilizing a non-toxic, agricultural by-product that is abundant and can be sourced locally. This innovative approach not only addresses the critical need for clean drinking water, particularly in developing countries, but also provides local farmers with a valuable additional income stream from a product that would otherwise be discarded. The company's biocarbon technology has demonstrated significant potential for carbon dioxide removal while effectively removing metals and organic contaminants from water. After two years of independent testing, Glanris's patented filtration media is now ready for production, offering a cost-effective solution for water purification and contributing to environmental sustainability.

Stony Creek Colors

Convertible Note in 2020
Stony Creek Colors, Inc. is a manufacturer of bio-based colorants for the global textile industry, specializing in plant-based dyes. Founded in 2012 by Sarah Bellos and headquartered in Springfield, Tennessee, the company collaborates with small farmers in the Southeastern United States to produce its products. Stony Creek Colors focuses on providing sustainable color solutions to mills and brands, promoting environmentally friendly practices within the textile sector.

Glanris

Series A in 2020
Glanris specializes in developing a sustainable filtration media for water purification, utilizing a non-toxic, agricultural by-product that is abundant and can be sourced locally. This innovative approach not only addresses the critical need for clean drinking water, particularly in developing countries, but also provides local farmers with a valuable additional income stream from a product that would otherwise be discarded. The company's biocarbon technology has demonstrated significant potential for carbon dioxide removal while effectively removing metals and organic contaminants from water. After two years of independent testing, Glanris's patented filtration media is now ready for production, offering a cost-effective solution for water purification and contributing to environmental sustainability.

otto-js

Seed Round in 2020
otto by DEVCON develops advanced runtime application security software aimed at enhancing internet safety and simplifying security measures for businesses. The software is designed to help organizations quickly secure their digital environments with minimal coding required, integrating seamlessly with major content delivery networks, cloud marketplaces, and content management systems. By providing real-time intelligence on security vulnerabilities and dynamic threats, otto protects brand integrity and customer data from various cyber risks, including client-side attacks and data breaches. Additionally, the platform offers automated tools for monitoring and mitigating risks associated with third-party scripts and outdated libraries. With a commitment to democratizing cybersecurity, otto provides a Chrome extension that alerts users to potential threats while gathering crowd-sourced threat intelligence. This continuous feed of information enhances the software's capabilities, fostering a self-healing technology that adapts to emerging threats. Founded in 2017 and headquartered in Memphis, Tennessee, DEVCON is dedicated to safeguarding consumers and businesses alike from the growing landscape of cyber threats.

MedHaul

Seed Round in 2020
MedHaul offers cloud-based software solutions that ease the laborious and costly burdens of managing specialized patient transportation, especially for patients in low-income urban and rural communities. Hospitals, patients, and medical transportation providers now have an end-to-end platform that makes it easy to find and book transportation for patients with complex needs, while also streamlining the management of day-to-day transportation operations. MedHaul's goal is to help healthcare organizations manage this huge social barrier that drastically affects patient outcomes.

Cast21

Seed Round in 2020
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

Preteckt

Seed Round in 2020
Preteckt, Inc. develops a cloud-based platform that specializes in predicting and prescribing maintenance diagnostics for vehicles. The company offers vehicle prognostics-as-a-service (VPaaS), connecting manufacturers of connected and autonomous vehicles with service providers. Preteckt utilizes its proprietary real-time automotive data architecture to integrate artificial intelligence, deep learning, and machine learning algorithms, enabling efficient management of automotive data. This innovative approach provides a significant speed advantage over traditional big data solutions, allowing for real-time processing with zero false positives. The platform is designed to scale seamlessly with existing connected vehicles and fleets, serving a diverse clientele that includes municipalities, telematics service providers, and original equipment manufacturers in the automotive sector. Established in 2015, Preteckt is headquartered in Memphis, Tennessee, with an additional location in Hamilton, Canada.

Entac Medical

Series B in 2020
Entac Medical is developing medical devices for predictive and diagnostic medicine based on a novel platform technology, audio spectral analysis. Its first application, PrevisEA, is a late stage, Class II noninvasive, disposable device that is clinically proven to predict post-operative ileus (POI) in surgical patients (GI paralysis occurs 2-6 days after surgery in 25% of patients). Prediction of ileus risk improves treatment protocols and patient outcomes while reducing readmissions and saving hospitals millions of dollars in unnecessary treatment costs.

MedHaul

Convertible Note in 2020
MedHaul offers cloud-based software solutions that ease the laborious and costly burdens of managing specialized patient transportation, especially for patients in low-income urban and rural communities. Hospitals, patients, and medical transportation providers now have an end-to-end platform that makes it easy to find and book transportation for patients with complex needs, while also streamlining the management of day-to-day transportation operations. MedHaul's goal is to help healthcare organizations manage this huge social barrier that drastically affects patient outcomes.

Hera Health Solutions

Seed Round in 2019
Hera Health Solutions is a pharmaceutical company specializing in the development and commercialization of long term treatments. It develops an innovative biodegradable drug delivery implant. Its combination of material composition and manufacturing processes aim to revolutionize long-acting drug delivery. Hera Health Solutions recognizes the fact that not everyone has access to quality healthcare. It was founded in 2017 and is headquartered in Memphis, Tennessee.

SOMAVAC Medical Solutions

Seed Round in 2019
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

Secure Food Solutions

Pre Seed Round in 2019
Secure Food Solutions, Inc., a food safety company, focuses on developing technologies for the detection of toxins, pathogens, and other contaminants in the food supply worldwide. It provides hyperspectral imaging technology to detect corn contaminated with aflatoxin. The company was incorporated in 2014 and is headquartered in Martin, Tennessee.

SweetBio

Convertible Note in 2019
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

Glanris

Seed Round in 2019
Glanris specializes in developing a sustainable filtration media for water purification, utilizing a non-toxic, agricultural by-product that is abundant and can be sourced locally. This innovative approach not only addresses the critical need for clean drinking water, particularly in developing countries, but also provides local farmers with a valuable additional income stream from a product that would otherwise be discarded. The company's biocarbon technology has demonstrated significant potential for carbon dioxide removal while effectively removing metals and organic contaminants from water. After two years of independent testing, Glanris's patented filtration media is now ready for production, offering a cost-effective solution for water purification and contributing to environmental sustainability.

Arkis BioSciences

Convertible Note in 2019
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Path Ex

Seed Round in 2019
Path Ex, Inc. is a Nashville-based company that specializes in manufacturing extracorporeal blood cleansing equipment. Established in 2017, Path Ex has developed a proprietary technology designed to selectively separate and capture bacteria and toxins from human blood, specifically for the treatment of sepsis, a critical condition often resulting from blood-borne infections. This innovative approach focuses on removing intact bacteria from the bloodstream instead of relying on broad-spectrum antibiotics, making it effective against various bacteria types and drug-resistant strains. The technology aims to improve patient outcomes by reducing diagnostic times, lowering treatment costs, decreasing readmission rates, and ultimately decreasing sepsis-related fatalities.

Preteckt

Seed Round in 2018
Preteckt, Inc. develops a cloud-based platform that specializes in predicting and prescribing maintenance diagnostics for vehicles. The company offers vehicle prognostics-as-a-service (VPaaS), connecting manufacturers of connected and autonomous vehicles with service providers. Preteckt utilizes its proprietary real-time automotive data architecture to integrate artificial intelligence, deep learning, and machine learning algorithms, enabling efficient management of automotive data. This innovative approach provides a significant speed advantage over traditional big data solutions, allowing for real-time processing with zero false positives. The platform is designed to scale seamlessly with existing connected vehicles and fleets, serving a diverse clientele that includes municipalities, telematics service providers, and original equipment manufacturers in the automotive sector. Established in 2015, Preteckt is headquartered in Memphis, Tennessee, with an additional location in Hamilton, Canada.

EquipassID

Seed Round in 2018
EquipassID focuses on developing RFID technology that facilitates the storage and retrieval of animal regulatory and health information. Their innovative system allows owners, veterinarians, associations, and regulatory agents to access essential documents such as certified veterinary inspections and health papers through microchip identification. This information is stored in a secure cloud-based repository, ensuring accurate and immediate access via smartphones, tablets, or laptops. By streamlining the management of important health and regulatory data, EquipassID enhances the efficiency of animal health monitoring and compliance for various stakeholders in the veterinary field.

otto-js

Seed Round in 2018
otto by DEVCON develops advanced runtime application security software aimed at enhancing internet safety and simplifying security measures for businesses. The software is designed to help organizations quickly secure their digital environments with minimal coding required, integrating seamlessly with major content delivery networks, cloud marketplaces, and content management systems. By providing real-time intelligence on security vulnerabilities and dynamic threats, otto protects brand integrity and customer data from various cyber risks, including client-side attacks and data breaches. Additionally, the platform offers automated tools for monitoring and mitigating risks associated with third-party scripts and outdated libraries. With a commitment to democratizing cybersecurity, otto provides a Chrome extension that alerts users to potential threats while gathering crowd-sourced threat intelligence. This continuous feed of information enhances the software's capabilities, fostering a self-healing technology that adapts to emerging threats. Founded in 2017 and headquartered in Memphis, Tennessee, DEVCON is dedicated to safeguarding consumers and businesses alike from the growing landscape of cyber threats.

SOMAVAC Medical Solutions

Seed Round in 2018
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

SweetBio

Seed Round in 2018
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

Tensor Surgical

Convertible Note in 2018
Tensor Surgical develops value-based technologies for orthopedic sports medicine.They believe there is serious and immediate need for cost effective, surgeon driven solutions to the complex problems facing physicians and patients. Their technologies offer the greatest value by significantly reducing cost without sacrificing outcomes. They think green: less waste, lower cost, greater efficiency, and enhanced usability.

Soundways

Seed Round in 2018
Soundways is a sound technology company. The company is engaged in the production and supply of software-based mastering tools for use by sound engineers. Soundways was founded in 2016 and is headquartered in Memphis, Tennessee.

Dark Horse Technology

Seed Round in 2018
Dark Horse Technology

Hera Health Solutions

Seed Round in 2018
Hera Health Solutions is a pharmaceutical company specializing in the development and commercialization of long term treatments. It develops an innovative biodegradable drug delivery implant. Its combination of material composition and manufacturing processes aim to revolutionize long-acting drug delivery. Hera Health Solutions recognizes the fact that not everyone has access to quality healthcare. It was founded in 2017 and is headquartered in Memphis, Tennessee.

Please Assist Me

Seed Round in 2018
Please Assist Me, Inc. operates as a home management company that partners with apartment complexes to provide living experience for residents in in Nashville, Tennessee and Washington, District Of Columbia. It provides services in the areas of groceries, dry cleaning and laundry, alterations and shoe care, mail and packages, and special requests. The company was incorporated in 2018 and is based in Nashville, Tennessee.

Restore Medical Solutions

Venture Round in 2018
Restore Medical Solutions is a medical device company focusing on products and techniques that promote SSI reduction, safety, and productivity within healthcare. The company manufactures a sterilization tray system that reduces the risk of infection from contaminated medical instruments. Its modular sterilization tray systems reduce the potential risk of infection from contaminated instruments and enable surgical departments to improve the quality of care while reducing cost. Founded in 2012, Restore Medical Solutions is headquartered in Memphis, Tennessee.

SecondKeys

Pre Seed Round in 2018
SecondKeys unlocks the true potential of proactive property maintenance. Our property management platform is the first to provide a predictive maintenance system that includes 3 simple steps to help owners and tenants: WorkBetter, ManageBetter, LiveBetter. First, we provide every property an automated schedule for preventive maintenance. Then SecondKeys software monitors each task and requests, from notification through completion. Finally, we track repair frequency and identify smaller fixes that are proven to minimize larger, more expensive property costs.

Path Ex

Seed Round in 2018
Path Ex, Inc. is a Nashville-based company that specializes in manufacturing extracorporeal blood cleansing equipment. Established in 2017, Path Ex has developed a proprietary technology designed to selectively separate and capture bacteria and toxins from human blood, specifically for the treatment of sepsis, a critical condition often resulting from blood-borne infections. This innovative approach focuses on removing intact bacteria from the bloodstream instead of relying on broad-spectrum antibiotics, making it effective against various bacteria types and drug-resistant strains. The technology aims to improve patient outcomes by reducing diagnostic times, lowering treatment costs, decreasing readmission rates, and ultimately decreasing sepsis-related fatalities.

Entac Medical

Series A in 2018
Entac Medical is developing medical devices for predictive and diagnostic medicine based on a novel platform technology, audio spectral analysis. Its first application, PrevisEA, is a late stage, Class II noninvasive, disposable device that is clinically proven to predict post-operative ileus (POI) in surgical patients (GI paralysis occurs 2-6 days after surgery in 25% of patients). Prediction of ileus risk improves treatment protocols and patient outcomes while reducing readmissions and saving hospitals millions of dollars in unnecessary treatment costs.

Cast21

Seed Round in 2018
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

Arkis BioSciences

Venture Round in 2018
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Compression Kinetics

Seed Round in 2018
Compression Kinetics is developing the next generation of wearable technology, actively improving recovery time and athletic performance of its wearers. The pioneering dynamic compression technology fits into an $11b athletic compression apparel market. Compression Kinetics is transforming clinically proven compression therapy into a mobile, sleek and affordable wearable for the first time. With the active compression sleeve, any athlete can recover faster and improve their performance like the professionals.

Path Ex

Seed Round in 2018
Path Ex, Inc. is a Nashville-based company that specializes in manufacturing extracorporeal blood cleansing equipment. Established in 2017, Path Ex has developed a proprietary technology designed to selectively separate and capture bacteria and toxins from human blood, specifically for the treatment of sepsis, a critical condition often resulting from blood-borne infections. This innovative approach focuses on removing intact bacteria from the bloodstream instead of relying on broad-spectrum antibiotics, making it effective against various bacteria types and drug-resistant strains. The technology aims to improve patient outcomes by reducing diagnostic times, lowering treatment costs, decreasing readmission rates, and ultimately decreasing sepsis-related fatalities.

SILQ-EDU

Pre Seed Round in 2017
SILQ-EDU is a data analytics platform for education and nonprofit orgs. Aggregating data from multiple systems, the SILQ-EDU is both a web-based dashboard and email plugin. While the dashboard saves time and money by making info available in one place, the real magic happens behind the scenes as AI/machine learning algorithms help improve attendance rates by providing school leaders with predictive insight for earlier intervention.

Entac Medical

Series A in 2017
Entac Medical is developing medical devices for predictive and diagnostic medicine based on a novel platform technology, audio spectral analysis. Its first application, PrevisEA, is a late stage, Class II noninvasive, disposable device that is clinically proven to predict post-operative ileus (POI) in surgical patients (GI paralysis occurs 2-6 days after surgery in 25% of patients). Prediction of ileus risk improves treatment protocols and patient outcomes while reducing readmissions and saving hospitals millions of dollars in unnecessary treatment costs.

otto-js

Convertible Note in 2017
otto by DEVCON develops advanced runtime application security software aimed at enhancing internet safety and simplifying security measures for businesses. The software is designed to help organizations quickly secure their digital environments with minimal coding required, integrating seamlessly with major content delivery networks, cloud marketplaces, and content management systems. By providing real-time intelligence on security vulnerabilities and dynamic threats, otto protects brand integrity and customer data from various cyber risks, including client-side attacks and data breaches. Additionally, the platform offers automated tools for monitoring and mitigating risks associated with third-party scripts and outdated libraries. With a commitment to democratizing cybersecurity, otto provides a Chrome extension that alerts users to potential threats while gathering crowd-sourced threat intelligence. This continuous feed of information enhances the software's capabilities, fostering a self-healing technology that adapts to emerging threats. Founded in 2017 and headquartered in Memphis, Tennessee, DEVCON is dedicated to safeguarding consumers and businesses alike from the growing landscape of cyber threats.

Cast21

Venture Round in 2017
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

SweetBio

Convertible Note in 2017
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

Secure Food Solutions

Venture Round in 2017
Secure Food Solutions, Inc., a food safety company, focuses on developing technologies for the detection of toxins, pathogens, and other contaminants in the food supply worldwide. It provides hyperspectral imaging technology to detect corn contaminated with aflatoxin. The company was incorporated in 2014 and is headquartered in Martin, Tennessee.

Arkis BioSciences

Convertible Note in 2017
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Restore Medical Solutions

Debt Financing in 2017
Restore Medical Solutions is a medical device company focusing on products and techniques that promote SSI reduction, safety, and productivity within healthcare. The company manufactures a sterilization tray system that reduces the risk of infection from contaminated medical instruments. Its modular sterilization tray systems reduce the potential risk of infection from contaminated instruments and enable surgical departments to improve the quality of care while reducing cost. Founded in 2012, Restore Medical Solutions is headquartered in Memphis, Tennessee.

EMBrace Design

Venture Round in 2017
EMBrace Design mission is to restore quality of life to more than 5 million back pain sufferers with their revolutionary back support technology. Their patented “START” brace provides controllable spinal traction while allowing the wearer to move in multiple directions, which enables the user to perform daily living activities in a pain free environment. In essence, They are offering “traction on the go” with a device that is backed by extensive laboratory testing and positive preliminary clinical feedback. They expect that improved therapy outcomes can eliminate the need for spinal surgery, saving individuals with low back pain $100k on average.

MedHaul

Venture Round in 2017
MedHaul offers cloud-based software solutions that ease the laborious and costly burdens of managing specialized patient transportation, especially for patients in low-income urban and rural communities. Hospitals, patients, and medical transportation providers now have an end-to-end platform that makes it easy to find and book transportation for patients with complex needs, while also streamlining the management of day-to-day transportation operations. MedHaul's goal is to help healthcare organizations manage this huge social barrier that drastically affects patient outcomes.

Alwaz.Pro

Venture Round in 2017
AlwazPro is Tennessee woman-led tech startup creating a professional home for working-class and middle-skilled professionals. enabling them to improve their career through professional endorsements and recommendations from others, as well as their on-site career development tools. Employers will recruit from the audience, targeting those with the soft / personal skills, and other metrics who closely meet their internal goals.

Mozak

Venture Round in 2017
Mozak is a provider of marketing and branding services specifically tailored for real estate professionals. The company offers a range of resources, including downloadable content, graphic packs, social media templates, stock images, flyer designs, and training courses. This allows real estate agents to effectively launch, grow, or scale their businesses. By functioning remotely, Mozak enables clients to pay only for the time spent on specific tasks, rather than incurring the high costs associated with full-time employees. This model aims to transform traditional office dynamics and enhance operational efficiency for its clients in the real estate sector.

Ajax Intel

Venture Round in 2017
Ajax Intel is a business analytics firm that specializes in delivering long-term customer success by helping business individuals enhance their emotional intelligence to make faster, more meaningful, and smarter relationship decisions. We believe that: 1. KNOWLEDGE IS POWER 2. INNOVATION IS VITAL 3. EMOTIONS DRIVE DECISIONS

Path Ex

Venture Round in 2017
Path Ex, Inc. is a Nashville-based company that specializes in manufacturing extracorporeal blood cleansing equipment. Established in 2017, Path Ex has developed a proprietary technology designed to selectively separate and capture bacteria and toxins from human blood, specifically for the treatment of sepsis, a critical condition often resulting from blood-borne infections. This innovative approach focuses on removing intact bacteria from the bloodstream instead of relying on broad-spectrum antibiotics, making it effective against various bacteria types and drug-resistant strains. The technology aims to improve patient outcomes by reducing diagnostic times, lowering treatment costs, decreasing readmission rates, and ultimately decreasing sepsis-related fatalities.

Silicone Arts Laboratories

Venture Round in 2017
Silicone Arts Laboratories, LLC develops and markets products that enhance physical appearances. It provides AeXP (Anatomical Eye – Experimental), a precise replica of a human eye developed for medical training and medical device testing market; and Dermaflage, a topical scar filler that provides a cosmetic option for concealing recessed scars and skin defects on the face and body without surgery and injections. The company was founded in 2010 and is based in Memphis, Tennessee.

SOMAVAC Medical Solutions

Seed Round in 2017
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

Quire

Debt Financing in 2017
Quire, LLC specializes in transforming unstructured clinical notes and electronic medical record (EMR) text into accessible, actionable data for population health management. The company’s platform allows healthcare organizations to categorize, organize, and visualize patient information, enabling the identification and treatment of high-risk patients and the targeting of healthcare spending demographics. By integrating social and environmental factors into its analysis, Quire provides insights that help practices understand patient risk across their populations. The system supports predictive modeling, provider evaluation, and resource allocation, facilitating effective interventions and cost reduction. Founded in 2003 and based in Memphis, Tennessee, Quire was previously known as Computable Genomix, LLC.

Arkis BioSciences

Venture Round in 2017
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Tensor Surgical

Debt Financing in 2017
Tensor Surgical develops value-based technologies for orthopedic sports medicine.They believe there is serious and immediate need for cost effective, surgeon driven solutions to the complex problems facing physicians and patients. Their technologies offer the greatest value by significantly reducing cost without sacrificing outcomes. They think green: less waste, lower cost, greater efficiency, and enhanced usability.

Cast21

Seed Round in 2017
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

Restore Medical Solutions

Debt Financing in 2016
Restore Medical Solutions is a medical device company focusing on products and techniques that promote SSI reduction, safety, and productivity within healthcare. The company manufactures a sterilization tray system that reduces the risk of infection from contaminated medical instruments. Its modular sterilization tray systems reduce the potential risk of infection from contaminated instruments and enable surgical departments to improve the quality of care while reducing cost. Founded in 2012, Restore Medical Solutions is headquartered in Memphis, Tennessee.

Quire

Debt Financing in 2016
Quire, LLC specializes in transforming unstructured clinical notes and electronic medical record (EMR) text into accessible, actionable data for population health management. The company’s platform allows healthcare organizations to categorize, organize, and visualize patient information, enabling the identification and treatment of high-risk patients and the targeting of healthcare spending demographics. By integrating social and environmental factors into its analysis, Quire provides insights that help practices understand patient risk across their populations. The system supports predictive modeling, provider evaluation, and resource allocation, facilitating effective interventions and cost reduction. Founded in 2003 and based in Memphis, Tennessee, Quire was previously known as Computable Genomix, LLC.

SOMAVAC Medical Solutions

Seed Round in 2016
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

FlexSpark

Seed Round in 2016
Flexspark, Inc. develops a device that prevents DVT and reduces the rate of muscular atrophy for ICU hospital patients. Its device simulates the natural motor function of the legs with pain-free pulses of electricity and prevents blood clots and muscle atrophy. The company was incorporated in 2016 and is based in Atlanta, Georgia.

iScreen Vision

Debt Financing in 2016
iScreen Vision, Inc. develops a screening equipment using a technology known as photoscreening to screen children’s vision for vision problems. The Company provides a fast, easy, and portable pediatric vision screening solution for infants and pre-school and school-age children. The company was formerly known as iScreen, LLC and changed its name in April 2009. iScreen Vision, Inc. was incorporated in 2009 and is based in Cordova, Tennessee.

Arkis BioSciences

Series A in 2016
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

AgSmarts

Debt Financing in 2016
AgSmarts is a provider of environmental sensing and agricultural irrigation automation in the agriculture industry. With global demand for agricultural output rising and constraints confronting agricultural producers from all sides of their operations, AgSmarts helps farmers address these challenges by introducing the power of industrial controls. Its universal retrofit irrigation automation platform helps producers boost yields while reducing their operational costs and minimizing their water usage. The company's patent-pending IP-enabled sensing and wireless communication hardware coupled with its proprietary automation algorithms are revolutionizing agriculture by gathering critical environmental data directly from fields that allow existing irrigation infrastructure to anticipate and autonomously meet the soil moisture needs of the specific crop being grown in the field throughout the production season. The technology is distributed through existing Ag Service Providers' retail operations on a Platform as a Service (PaaS) basis and begins immediately improving the producer's bottom line when installed on their existing irrigation equipment through increased yield revenues and lower operational costs. Clayton Plymill and Brett Norman in Martin, Tennessee in 2014.

Compression Kinetics

Venture Round in 2016
Compression Kinetics is developing the next generation of wearable technology, actively improving recovery time and athletic performance of its wearers. The pioneering dynamic compression technology fits into an $11b athletic compression apparel market. Compression Kinetics is transforming clinically proven compression therapy into a mobile, sleek and affordable wearable for the first time. With the active compression sleeve, any athlete can recover faster and improve their performance like the professionals.

SILQ-EDU

Pre Seed Round in 2016
SILQ-EDU is a data analytics platform for education and nonprofit orgs. Aggregating data from multiple systems, the SILQ-EDU is both a web-based dashboard and email plugin. While the dashboard saves time and money by making info available in one place, the real magic happens behind the scenes as AI/machine learning algorithms help improve attendance rates by providing school leaders with predictive insight for earlier intervention.

SOMAVAC Medical Solutions

Seed Round in 2016
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.

FrontDesk Connect

Seed Round in 2016
FrontDesk Connect is a hospitality technology company that has developed a mobile application designed to enhance communication between hotel guests and services. The platform allows users to access a virtual "front desk" from their mobile devices, facilitating seamless interaction with hotel staff and services regardless of their location. Guests can easily make requests, such as ordering food, arranging valet services, or making dinner reservations, all with a simple touch. Founded in 2016 and headquartered in Collierville, Tennessee, FrontDesk Connect's application is compatible with both Android and iPhone devices, making it a versatile tool for enhancing the guest experience in hotels.

Cast21

Seed Round in 2016
Cast21 has designed a light-weight, lattice-structure cast that is breathable and waterproof, eliminating many of the disadvantages of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.

HomeyLabs

Seed Round in 2016
Set Chores. Transfer Allowance. Teach Kids Financial Responsibility. Key features: - assign chores to all family members - transfer allowance to kids' bank accounts (US only) - set daily, weekly or monthly recurring chores - motivate kids with rewards - set unpaid responsibilities or jobs to teach kids how to earn money or rewards - kids see their progress for each of their goals - manage and track allowance and extra money rewards for each child - Homey syncs across all devices in the household

ProxBox

Seed Round in 2016
ProxBox is a communication and collaboration application for real estate agents. Its software solution combines small proximity sensors called beacons with a mobile application to improve its users’ interaction with their current environment and automatically saving and sending content, documents, photos, and videos to the buyers smartphone based on where they are physically located. ProxBox was launched in 2016 by Bryan Barringer and Chelsea White. It is operated from Memphis, Tennessee.

iScreen Vision

Debt Financing in 2016
iScreen Vision, Inc. develops a screening equipment using a technology known as photoscreening to screen children’s vision for vision problems. The Company provides a fast, easy, and portable pediatric vision screening solution for infants and pre-school and school-age children. The company was formerly known as iScreen, LLC and changed its name in April 2009. iScreen Vision, Inc. was incorporated in 2009 and is based in Cordova, Tennessee.

Entac Medical

Series A in 2016
Entac Medical is developing medical devices for predictive and diagnostic medicine based on a novel platform technology, audio spectral analysis. Its first application, PrevisEA, is a late stage, Class II noninvasive, disposable device that is clinically proven to predict post-operative ileus (POI) in surgical patients (GI paralysis occurs 2-6 days after surgery in 25% of patients). Prediction of ileus risk improves treatment protocols and patient outcomes while reducing readmissions and saving hospitals millions of dollars in unnecessary treatment costs.

BioNova

Seed Round in 2015
BioNova has acquired a technology from the University of Memphis that involves a spongy material from the outer shells of lobster and shrimp. This material has a natural antibiotic effect and may have an additional antibiotic influence if soaked in antibiotics. BioNova has developed this process to treat post-surgical wounds.

Compression Kinetics

Debt Financing in 2015
Compression Kinetics is developing the next generation of wearable technology, actively improving recovery time and athletic performance of its wearers. The pioneering dynamic compression technology fits into an $11b athletic compression apparel market. Compression Kinetics is transforming clinically proven compression therapy into a mobile, sleek and affordable wearable for the first time. With the active compression sleeve, any athlete can recover faster and improve their performance like the professionals.

SweetBio

Pre Seed Round in 2015
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

L7 Logistics

Seed Round in 2015
L7 Logistics Support is your logistics services providor, specializing in transportation, warehousing and distribution services. Based in Memphis, Tennessee, they offer a wide range of custom solutions to fit every conceivable logistics need. Whether you’re looking for warehousing, freight services, shipping across town or across the globe, or a special project they have a custom solution that’s just right for you!w

iScreen Vision

Debt Financing in 2015
iScreen Vision, Inc. develops a screening equipment using a technology known as photoscreening to screen children’s vision for vision problems. The Company provides a fast, easy, and portable pediatric vision screening solution for infants and pre-school and school-age children. The company was formerly known as iScreen, LLC and changed its name in April 2009. iScreen Vision, Inc. was incorporated in 2009 and is based in Cordova, Tennessee.

ECOSURG

Debt Financing in 2015
EcoSurg™ (pronounced eek-oh-surj) is a developer of environmentally-friendly surgical supplies that is dedicated to reducing the carbon footprint of the surgical suite. Their flagship product is the EcoSurg™ line of Patient Positioners. Disposable patient positioners are used in over 20 Million surgical procedures per year in the United States alone. These foam shapes are used to properly position patients in a variety of positions, ensuring safety, comfort, and adequate access to the surgical site. When disposed of, however, these products are harmful to the environment as they are made from materials that consist largely of petroleum-based derivatives. These compounds and the other hazardous byproducts from their production are not only harmful to the environment, but also incur higher handling and disposal costs that are inevitably passed on to the Customer.

BioNova

Seed Round in 2015
BioNova has acquired a technology from the University of Memphis that involves a spongy material from the outer shells of lobster and shrimp. This material has a natural antibiotic effect and may have an additional antibiotic influence if soaked in antibiotics. BioNova has developed this process to treat post-surgical wounds.

Cagenix

Venture Round in 2015
Cagenix, Their proprietary system employs the latest technology to scan, design and fabricate the Cagenix AccuFrame® —a custom framework system featuring fit properties that are unmatched in today’s market. Their expertise allows dental practices and labs of all sizes to provide patients with custom-milled frameworks and bars at a competitive price—with no initial costs, expensive equipment, or extra training on your part. Cagenix has developed a proprietary process that provides you a bar and framework solution with a masked, natural color along with a micro-retentive surface. The bar has a natural, tissue color that will provide a more natural look through all acrylic restorations.

Entac Medical

Seed Round in 2015
Entac Medical is developing medical devices for predictive and diagnostic medicine based on a novel platform technology, audio spectral analysis. Its first application, PrevisEA, is a late stage, Class II noninvasive, disposable device that is clinically proven to predict post-operative ileus (POI) in surgical patients (GI paralysis occurs 2-6 days after surgery in 25% of patients). Prediction of ileus risk improves treatment protocols and patient outcomes while reducing readmissions and saving hospitals millions of dollars in unnecessary treatment costs.

Restore Medical Solutions

Series A in 2015
Restore Medical Solutions is a medical device company focusing on products and techniques that promote SSI reduction, safety, and productivity within healthcare. The company manufactures a sterilization tray system that reduces the risk of infection from contaminated medical instruments. Its modular sterilization tray systems reduce the potential risk of infection from contaminated instruments and enable surgical departments to improve the quality of care while reducing cost. Founded in 2012, Restore Medical Solutions is headquartered in Memphis, Tennessee.

SweetBio

Seed Round in 2015
SweetBio, Inc. is a Memphis, Tennessee-based company that develops and manufactures innovative wound care solutions by bioengineering medical grade Manuka honey into advanced membranes. Founded in 2015, SweetBio aims to reduce complications and infections associated with various types of wounds, including pressure ulcers, diabetic ulcers, and surgical wounds. The company's flagship product, Apis, is a patented, FDA-cleared wound care patch that utilizes a unique combination of gelatin and nanoparticles to incorporate honey at a molecular level, resulting in a solid, durable patch that maintains a moist wound environment and manages exudate effectively. SweetBio has gained recognition through its participation in various accelerators and competitions, and has been featured in prominent media outlets.

Life Links

Seed Round in 2015
LifeLinks Care Management - Care coordination for those you love.

HelloHome

Seed Round in 2015
Founded in 2015, by experienced real estate agent Jessica Buffington, HelloHome is dedicated to bringing honesty and transparency back to the industry. Through technology, excellent service, and a flat-fee pricing model, HelloHome is disrupting real estate by offering home buyers and sellers a better and more cost-effective option. HelloHome is the first and only female-founded and female-led real estate tech startup. Since graduating from the Start Co. business accelerator in Memphis, Tennessee, the Company has saved home sellers over $3,000,000 in commission fees, with an average of over $8,000 per home. To learn more, please visit www.hellohome.co.

Pro Hydration Therapy

Seed Round in 2015
Pro Hydration Therapy, Inc. provides hydration therapy services. The company offers IV fluid with lactated ringers. It also provides B-12 shots that regulate the nervous system to decrease depression, stress, and brain shrinkage; maintain a healthy digestive system, lower unhealthy cholesterol levels, protect against stroke, and reduce high blood pressure; protect against cancers, such as breast, colon, and lung cancer; aid in cell growth and reproduction for better hair, skin, and nails; and improves sleep quality. The company is based in Nashville, Tennessee.

DivorceSecure

Seed Round in 2015
DivorceSecure is an online platform for divorce attorneys that enables them to manage their clients. The platform offers asset strategy, collaboration, reporting, and productivity services to its users. Asset strategy provides its users' clients with financial plans when going through the divorce. Collaboration center enables its users to communicate with their clients online. Reporting and productivity offer interrogation automation services to assist its users in serving more clients. DivorceSecure was launched in 2015 by Hirsch Serman and Noam Davidovics and is based in Tennessee.

Ncrease

Convertible Note in 2015
Ncrease, Inc. provides online sales and marketing analytics tools for marketers. The company monitors its users customers social activity, and identifies their trending conversations and events. It serves small businesses and enterprises. The company was incorporated in 2015 and is based in Memphis, Tennessee.

iShipdit

Seed Round in 2015
Provider of freight matching services. The company offers a Web-enabled data engine that matches small business freight to trucks that are already moving cargo in the area.

LendMed

Seed Round in 2015
LendMed provides a solution that enables controlled inventory borrowing, lending, and accountability for the medical industry. Its solution sends invoice like requests to lendees to instantly request items due and keeps track of borrowing trends and values. The company was formerly known as DeliverTo. LendMed is based in Memphis, Tennessee.

iScreen Vision

Convertible Note in 2015
iScreen Vision, Inc. develops a screening equipment using a technology known as photoscreening to screen children’s vision for vision problems. The Company provides a fast, easy, and portable pediatric vision screening solution for infants and pre-school and school-age children. The company was formerly known as iScreen, LLC and changed its name in April 2009. iScreen Vision, Inc. was incorporated in 2009 and is based in Cordova, Tennessee.