Organization · Venture Capital
Innova Memphis
Innova Memphis is an early-stage venture capital firm based in Memphis, Tennessee, focusing on pre-seed and seed investments in high-growth companies within the biosciences, technology, and AgTech sectors.
Overview
What Innova Memphis does
What Innova Memphis is
Innova Memphis is an early-stage venture capital firm based in Memphis, Tennessee, focusing on pre-seed and seed investments in high-growth companies within the biosciences, technology, and AgTech sectors.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2007
- Approximate age
- About 19 years
- Structured capabilities
- Funder
- Last reviewed
- May 1, 2026
Official channels
Find Innova Memphis elsewhere
Open the official website or a supported primary organization account.
Capability profile
Innova Memphis as a funder
Investment thesis
Innova Memphis aims to fill the early-stage funding gap for companies that are too early or specialized for later-stage venture firms, focusing on those with strong intellectual property or competitive advantages in AgTech and FarmTech.
Focus narrative
Innova Memphis invests in early-stage, high-growth companies, particularly those with strong intellectual property or competitive advantages in the AgTech and FarmTech sectors. Their investment strategy is designed to support companies that have the potential to become significant economic contributors, emphasizing a hands-on approach to coaching and building new companies.
Value beyond capital
Innova Memphis adds value to its portfolio companies through hands-on coaching, market expertise, and executive support, helping them navigate the challenges of early-stage growth and align with regional industry clusters and economic development priorities.
Focus and fit
- Stages
- Pre-seed · Seed · Friends and Family · Angel · Accelerator
- Regions
- United StatesNorth America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 119
- Recorded notable exits
- AgriSync
Portfolio context
Innova Memphis has invested in a variety of notable companies, including: ACT Advanced Catheter Therapies: An early-stage medical device company focused on innovative catheter technologies for vascular diseases. AgriSync: A software platform for remote product support, acquired by Deere & Co. in 2021. AGRITX: Focuses on avian nutrition to improve animal welfare and profitability. AgSmarts: Develops smart sensor systems for precision agriculture. Ajax Intel: A financial technology firm enhancing investor productivity through computer programs. Bionova Medical: Offers a biodegradable wound treatment system with extended antibiotic release. DEVCON: Provides cybersecurity software to combat digital advertising fraud.
Common questions
What to know about Innova Memphis
Upseed classifies Innova Memphis under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.