Knox News: University of Tennessee accelerator will help clean energy startups develop climate-saving tech

The Knoxville-Oak Ridge corridor is adding another resource to help make the region an innovation hub for clean energy companies. The University of Tennessee Spark Innovation Center is recruiting early-stage, high-growth startups for its Spark Cleantech Accelerator focused on developing decarbonization solutions and advancing circular economy efforts in East Tennessee. 

Read the full article on Knox News.

NashvillePost: Telemedicine company completes $10M capital raise

Locally based telehealth venture VisuWell announced Wednesday it has completed a successful $10 million Series B capital raise led by Fulcrum Equity Partners, an Atlanta-based growth equity firm, with continued participation from existing investors, Longmeadow Capital, PJC and UltraGroup, per a release. 

Read the full article on the NashvillePost.

Memphis Inno: U of M professor looks to help solve dental problem, using material derived from shellfish

Annually, the average American eats over four pounds of shrimp, according to The New York Times.

Yet few of us realize that on the exoskeleton of these creatures — and some of their crustacean cousins — is a material called chitosan, which has an array of potential uses. And a University of Memphis biomedical engineering professor, Joel Bumgardner, Ph.D., believes it can help improve treatment for a widespread dental disease.

Read the full article on the Memphis Inno.

Nashville Inno: Cloud Range cybersecurity startup nets first outside equity, from funds in three states

Company name: Cloud Range

Amount raised: About $1 million — the company’s first outside equity

From whom: The round was led by Circadian Ventures, an Atlanta-based early-stage venture capital fund. The other investors were TechFarms Capital, of Panama City Beach, Florida; and Connetic Ventures, of Covington, Kentucky.

Read the full article on the Atlanta Inno.

The Pulse: Walker County Awarded Multi-Million Dollar Grant to Improve Rural Broadband Access

Walker County Government will receive more than $6.2 million to improve broadband access in unserved and underserved communities.

Georgia’s Broadband Infrastructure Committee selected Walker County’s proposal to expand gigabit access throughout the southern half of the county as one of 49 American Rescue Plan Act (ARPA) grant projects.

Walker County will collaborate with Georgia Windstream, LLC to leverage their existing infrastructure, engineering experience and construction management to deploy a Fiber-to-the-Premises (FTTP) solution to 3,339 homes and businesses in rural areas. The project involves extending 323 miles of fiber throughout the Armuchee Valley, Center Post and Kensington communities, among other locations.

Read the full article at the Chattanooga Pulse.

MemphisInno: Memphis startup Avadain looks to unlock the ‘revolutionary’ potential of graphene

In 2016, researchers at Germany’s Fraunhofer Institute for Applied Solid State Physics captivated Brad Larschan with a demonstration.

They asked him to put a glass football in a bowl of ice. As soon as the glass and ice touched, the entire ball matched the ice’s temperature.

Read the full article at MemphisInno.

NashvilleInno: Music City ranks high for places to start a business

Nashville’s reputation as a tech city is growing and entrepreneurs are taking note. A recent study by Clever, a real estate data company, showed Music City is the 15th most popular city in the country for people looking to start a new business.

The study found Nashville is the best city to network with startup founders — there are a reported 4.14 CEOs for every 1,000 residents of the city.

Read the full article on Nashville Inno.

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