Health care entrepreneur group told to rely on the fundamentals

Panel members' main advice: Focus on strong management, selling the story
Aug 19, 2011 7:26 AM

Edo lands $20M in Series B financing

Rapidly growing company accelerates growth with new capital infusion
Aug 1, 2011 10:44 AM

Local VC backs $7M Green Hills deal

Greenbriar Village picks up neighboring office park
Jul 21, 2011 3:00 PM

TNInvestco fund selects West TN device maker

One of the four investment funds selected in 2010 to receive a second round of TNInvestco tax credit financing has put capital to work in a West Tennessee medical device manufacturer, allocating more than seven percent of the fund's original value, according to local sources.

Venture Nashville Connections reports that Memphis-based MB Ventures has pumped $1 million into Collierville-based Veracity Medical Solutions, an orthopedic device-prototyping and manufacturing company. The move correlates with MB Ventures' charter to invest in start-up medical device companies which then, assuming company growth, invest in similarly situated companies in keeping with the overall TNInvestco program initiated in 2009.

Jul 11, 2011 2:58 PM

Venture fundraising up in first half of 2011

TechCrunch takes a look at the 20 percent uptick in venture fundraising during the first half of 2011, according to numbers released by Dow Jones.

Capital raised for venture funds rose 20% over the same period a year ago, hitting $8.1 billion, but the number of funds that held closings plummeted 38% to 50 funds, according to Dow Jones LP Source. Seven firms were responsible for raising $6.3 billion, almost 80% of the total capital raised during the first half. In the first half of 2010, 81 U.S. venture funds raised $6.8 billion

As said in the quote, another aspect of the news is the similarly significant drop in the number of funds raising money. Another posting looks at numbers from Thomson Reuters and the National Venture Capital Association found here.

According to Thomson Reuters and the NVCA, 76 U.S. funds raised $10.4 billion in the first half of the year, a 70% increase by dollars compared to the first half of 2010.

Its analysis shows, however, also shows a 15% decrease by number of funds, marking the lowest number of funds garnering commitments since the first half of 1995.

Jul 11, 2011 12:07 PM

Payroll firm lands more growth capital

TNInvestco fund, others pump $1M into Inova
Jul 7, 2011 12:18 PM

HealthTeacher lands Series C

Nearly $5.3 million investment led by Chrysalis Ventures
Jun 28, 2011 11:29 AM

Jacobson's group forms new fund

TriStar Technology Ventures II not tied to TNInvestco
Jun 27, 2011 3:02 PM

Martin Cos. exec goes to construction firm

Robins & Morton hires former BE&K exec
Jun 17, 2011 7:33 AM

Iridium Development lands Series A round

Company spawned from Nashville Entrepreneur Center launches money-saving gas app
Jun 16, 2011 12:52 PM