Knoxville, Tenn.-based Innovation Valley Partners (IVP) is the affiliate fund of Battelle Ventures, an independent venture fund based in Princeton, N.J. 

The funds have a combined $255 million under management to create and accelerate the development of early-stage technology companies with breakthrough solutions to key market problems.

The sole limited partner of the $220-million Battelle Ventures fund is Battelle Memorial Institute (Battelle) and Eastern Tennessee business leaders have backed the $35-million IVP fund.

The funds, which share the same management team, enjoy close relationships with the technology transfer offices of the National Laboratories that Battelle manages or co-manages for the U.S. Department of Energy, including Oak Ridge National Laboratory. They also have established similar associations with a number of university technology transfer and commercialization departments.

Investing side by side in all deals, the funds actively focus on the following three key sectors:

·       Health & Life Sciences

·       Energy & Environment

·       Security

For more information about the funds' portfolio companies, please visit www.battelleventures.com.

Innovation Valley Partners
10702 Murdock Road, Knoxville, TN 37932
Tel: 865.777.1414; Fax: 865.777.1417
E-mail: partners@innovationvalleypartners.com