One of the new funds is JumpStart Ventures that announced the successful first close of NEXT Fund III, raising nearly $25 million toward its $50 million target.

The funds will provide up to $200,000 for companies to make investments in capital equipment and next-generation technologies.

ResilienceVC has announced the close of its debut, oversubscribed fund.

He was in town and provided an update on the program's activities.

Rice University has announced the launch of the Rice Venture Creation Fellowship to help with the transition from academic research to the creation of venture-backable start-up concepts.

“We have several more start-ups in the pipeline,” Brandon Bruce said. “We’re continuing our trend of investing in great Tennessee founders.”

The financing, led by Valor Ventures, was announced at South by Southwest (SXSW).

AWS, CrowdStrike, and NVIDIA Inception announce 36 participants for Cybersecurity Start-up Accelerator