The Spark Innovation Center at the University of Tennessee Research Park has issued its first report (2020-2022 SPARK Bi-Annual Report) covering two years of operations, and there are some impressive numbers recorded by its inaugural portfolio companies.

Collectively, the seven start-ups raised nearly $35 million, employed 26 full-time people, have 10 contract employees, and supported 10 internships. The funding total includes $18 million in non-dilutive grants, $15.6 million in equity investments, and $1.2 million in recurring revenue. Read more in Teknovation.Biz

Download the Full Bi-Annual Report Through the Link Below:

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