VC  Innova

http://www.innovamemphis.com





     Office Locations:

20 Dudley Street, Suite 620
Memphis, TN 38103
Phone: 901-866-1430
Fax: 901-866-1431

 

Stages:

  • Early
  • Seed


 

Industries:

  • Food & Agriculture
  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    Founded in 2007 by the Memphis Bioworks Foundation, Innova is a pre-seed, seed and early-stage investor focused on starting and funding high-growth companies in the Biosciences, Technology and AgBio fields across the state of Tennessee. Innova Fund I is a Memphis ED initiative of Memphis Fast Forward and Memphis Tomorrow. Funding came through the Memphis Bioworks Foundation and established Innova with a mission of economic development and job creation in the Memphis area. Created in 2009, Innova Fund II was selected as one of six TNInvestcos in the state of Tennessee. With this fund, Innova expands its focus to include the entire state of Tennessee, looking to invest in transformational technology companies across the State. Innova can individually invest up to $2MM in a single company.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brandon Wellford Chief Financial Officer
    Jan Bouten Partner
    Ken Woody Partner
    Lauren Spicer Senior Analyst
    Preston Dorsett Ph.D. Executive in Residence

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      05/03/2018


      Entac Medical


      


      undisclosed


      Series A-2


      03/19/2018


      Skycision


      PA


      $1,100,000


      Seed


     

    Portfolio companies include:


      arGentis
        web link


      Cagenix
        web link


      Centiba
        web link


      CirQuest Labs
        web link


      Computable Genomix
        web link


      Entac Medical


      ExtraOrtho
        web link


      iScreen Vision
        web link


      NuScriptRX
        web link


      Skycision
        web link


      TrakLok
        web link


      Vaxent
        web link


     

    Recent News:


      There is no recent news for Innova.