New Logistics Venture Lands $250,000 Investment


(Memphis Daily News) Start Co.’s “Summer of Acceleration” already has proven a success for at least one startup that’s participated in one of the organization’s accelerators this year.

Graph Story, a graph database-as-a-service offering for small and medium businesses and which is a member of Start Co.’s SparkGap accelerator, is the recipient of a six-figure angel investment award, the first as part of this year’s “Summer of Acceleration” program.

The $250,000 investment was mostly furnished by members of Start Co.’s Angel Network, the first angel network and fund in the region specifically designed to fund high-growth technology startups.

Graph Story’s award is the latest funding event for Start Co. Angels. At the start of the year, three previous Seed Hatchery teams – Seed Hatchery being another Start Co. accelerator program – got funding from both the network and fund itself, a result of how Start Co., since 2011, has rapidly boosted its base of angel investors at the same time it’s tried to increase entrepreneurial talent and access to mentorship in the area.

Read the full article at The Daily News