Innova Memphis

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.