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Launch Tennessee Announces 2014 Investment Results

Wednesday, January 14, 2015 5:16:00 AM PDT | VentureDeal
   Nashville, Tennessee  --  Public partnership entity Launch Tennessee said that 2014 investments totaled in excess of $276 million.

The group, which is involved in a variety of investment outreach efforts, said the amount represented a 31% investment growth verses 2013.

LaunchTN said that since its inception in 2012, it has totaled more than $645 million invested into early stage growth companies throughout Tennessee.

Its goal for investment in early stage companies is a total of $1 billion by the end of 2017.

To that end, the INCITE Co-Investment Fund, managed by LaunchTN and totaling $30 million, has already seen $24 million invested alongside an additional $75 million in private capital.

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