Local maker of organic oils rakes in $9.5M in venture funding
The round of financing was led by Indianapolis-based HG Ventures, which is the corporate venture arm of a major shareholder in Biosynthetic Technologies.
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Editorial: Lawmakers made right call in fully funding 21 Fund
The 21 Fund’s purpose has meandered a bit since it was created in 1999, but it always has been dedicated in some way to encouraging research, technology and innovation. And that investment is key to maintaining the state’s efforts to create a vibrant tech community.
Tech upstart Kerauno raking in the venture capital dough
The communications-workflow software is super-charging its growth with what many believe is a record haul of venture capital, in the form of a $25 million Series A round of funding.
Venture studio High Alpha offers its firms mentoring, money, marketing and more
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
2017 TOP STORIES: State earmarks $250M for startups
Creating and funding the Next Level Fund was part of Holcomb’s larger legislative agenda.
Research shows benefit of women in startup management teams
Recent research has found that high-growth startups with women on their management teams outperform those with all-male teams—a discovery that has spurred several central Indiana organizations to step up efforts to boost gender diversity.
The Interview Issue: Scott Dorsey and Kristian Andersen
Scott Dorsey and Kristian Andersen—two of the four partners at High Alpha—say they are pioneers because they’ve created a firm that combines company creation and venture funding.
Investors pour $5 million into beer technology firm
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
Allos Ventures raises $40 million for early-stage tech firms
Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
VC funds hope to help early-stage life sciences firms
Early-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis investors are working to raise sizable funds to help fill the gap.
Scale Computing lands $12 million in VC funding
Scale Computing, a maker of data-storage devices that recently launched a “datacenter in a box,” has landed another $12 million in venture funding.
Venture funding falls 12 percent in second quarter
Funding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade.
State, former Colts invest in Fishers software provider
The state of Indiana and former Colts are among the lead investors in Fishers-based software provider CloudOne, the company announced this week.
Techies pressing again for direct Silicon Valley flights
High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.
DeveloperTown sees sale of first company it helped fund, coach
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
Indianapolis’ tech sector getting some Silicon Valley cred
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
ExactTarget lands on Wall Street Journal list
The company, one of the city’s largest technology firms, is on the newspaper’s list of top 50 venture-funded firms.
Angie’s List lands $53 million investment
The privately held firm, which has been raking in private investment since 2005, landed the biggest round of funding in its history from “two of the world’s largest public money managers.”
Indiana Seed Fund makes 11th investment
A $250,000 investment in Aarden Pharmaceuticals will go toward advancing tuberculosis therapy through the pre-clinical development stage.
Centerfield invests in California company
Centerfield Capital Partners’ investment in Fresh Food Concepts Inc. is the 12th deal from the local venture capital firm’s second fund.