Colleges find big benefits in connecting investors with startups
Colleges nationwide are launching angel networks that connect business executives and investors with entrepreneurs and startups with ties to the school.
Read MoreColleges nationwide are launching angel networks that connect business executives and investors with entrepreneurs and startups with ties to the school.
Read MoreStudents will actively participate in due diligence, deal sourcing, portfolio analysis and angel investor communication as a way to gain real-world exposure to early-stage investing, the university said.
Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.
VisionTech reported this week that it invested a total of $2.88 million into 18 different companies last year, representing an increase in both the number of deals and the total value of deals from 2022.
Dimension Mill just closed its fourth angel investors’ fund this week, with $1.08 million from 52 investors. The fund has been so successful since the program’s launch in 2020 that Dimension Mill is planning significant expansion to spur more investment activity.
VisionTech, a group of more than 130 investors, has so far this year made seven investments totaling $1 million. In comparison, the group made a total of 16 investments totaling $2.4 million in all of 2022.
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
Established in 2009, myCOI uses proprietary software and human expertise to help clients assure that they and their business partners have the proper insurance coverage.
Four successful local entrepreneurs and active angel investors have teamed up to create Indianapolis-based Round One Capital, a new fund for emerging startups. Round One partners plan to offer startups more than just money. And they plan to grow the fund over time.
Founded in 2014, VisionTech has seen its membership, or investors—as well as the amount invested by those members—swell significantly in the last two years.
Three new managing partners are bringing Gravity Ventures back to life and aim to have its new fund deployed within 18 months.
After InXInnovate LTD suddenly cancelled its local event this fall, the Venture Club of Indiana was forced to hustle to re-schedule their annual Innovation Showcase. With the help of The Heritage Group and other corporate supporters, it’s now set for October.
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
Prominent tech investor Bob Compton is one of the movie's six executive producers. He helped fund "Columbus" and recruited tech notables Don Brown and Scott Dorsey to invest in the project as well.
A 44 percent increase from a year earlier was driven by a surge in the number of businesses that raised money for the first time, reflecting investors' appetite to back the riskiest companies.
AngelBom is composed of alumni of the IU Kelley School of Business’ Business of Medicine Program and is a 6-month-old chapter of the angel investment group VisionTech Partners.
The bill would increase the cap on the amount of tax credits investors could claim, as well as make the credits useful for out-of-state investors.
Indianapolis-based Vision Tech Angels has always invested in startups born at universities, by way of invitation. Now it’s flipping the script and seeking them out.
Indianapolis native Danny Chan, a managing director at Iconic Private Equity Partners, a Hong Kong-based firm, is back home in Indiana and ready to launch an angel investing group here that will help fund Hoosier startups of all stripes.
Christopher LaMothe, who led the Indiana Chamber of Commerce as president from 1992 to 2002, has been named CEO of Elevate Ventures, a not-for-profit investment group that runs the Indiana Angel Network Fund.