Investor Type | Firm |
Type of Fund | VC |
Industries | BioTech • AgroTech • Logistics (& Distribution) • Medical Devices (& Hospital Services) • Woman Focused |
Stages | Pre-Seed, Seed, Early Stage, Series A |
Investing | United States |
Investment Range | $250,000 - $2,500,000 |
Investment Sweet Spot | $500,000 |
Assets Under Management | $31,000,000 |
Innova Memphis is a venture capital firm headquartered in Memphis, Tennessee, United States, with a focused commitment to fostering growth and innovation within the BioTech, AgroTech, Logistics, Medical Devices, and Women-Focused sectors. With a comprehensive investment approach, this VC targets early-stage opportunities, engaging in Pre-Seed, Seed, Early Stage, and Series A funding rounds. Innova Memphis positions itself as a catalyst for economic development, directing an assets under management pool of $31 million towards the cultivation of high-growth companies. They pride themselves on their contribution to job creation and economic vitality, with over $57 million invested in 119 startups, resulting in significant outside capital amounting to over $125 million and sustaining a yearly impact exceeding $90 million. The fund's investment sweet spot is identified at $500,000, with a minimum and maximum investment range of $250,000 and $2,500,000, respectively. Innova actively seeks out companies with robust intellectual property and notable competitive advantages, aiming to support ventures that show potential for significant contributions to economic growth and competitiveness. Through their strategic investments and hands-on mentorship, Innova enables entrepreneurial success in the healthcare, technology, and AgTech domains. Moreover, the firm is open to receiving business proposals and encourages interested parties to apply for funding consideration or get in touch for investment advice and opportunities in their upcoming funds.