
HG Ventures seeks to accelerate its investments in road-tech
Indianapolis-based HG Ventures this week released a report in which it outlines how technology could solve long-standing issues such as traffic congestion, safety and sustainability.
Indianapolis-based HG Ventures this week released a report in which it outlines how technology could solve long-standing issues such as traffic congestion, safety and sustainability.
The investment sets the stage for collaboration between Allegion and Ambient.ai, whose technology helps customers identify and prevent potential security incidents.
Equity investments in each of the firms will come from a Butler University philanthropic fund, and the school is currently talking with potential additional investors.
Echoing national trends, both the number of venture investments into Indiana companies and the total value of those deals declined as compared with last year, the TechPoint report says.
Indianapolis-based Plan Forward, which helps dental practices set up membership plans for their patients, plans to use most of the investment on sales and marketing, while some will go toward improving its software platform.
By working together, EIG and High Alpha say they can combine their areas of expertise and potentially speed up the process of launching new startups.
Indianapolis-based software firm ConverSight.ai helps clients analyze their data and make business decisions. The company has raised a total of $15 million since its founding in 2017.
True Essence Foods, whose original product was an artisanal chocolate called SoChatti, has secured 15 patents for its technologies, with another 70 patent applications in process.
The funding round included participation from Indianapolis-based investors Elevate Ventures and VisionTech Partners.
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.
Indiana-based tech firms attracted more than $47 million from venture investors in 36 separate deals last quarter, according to a new report by Indianapolis-based TechPoint.
Manning is the fourth and final keynote speaker announced for Rally, which is scheduled for Aug. 29-31 at the Indiana Convention Center in downtown Indianapolis.
Bereave, which launched quietly in 2021, is developing an online platform where individuals can preplan the details of their funerals. The company is working to raise close to $1 million in “friends and family” funding
Emmis was the lead investor in Anzu, an Israel-based company that has developed technology that allows companies to insert targeted ads into video games in a nonintrusive way.
Turbulence in the tech industry forced Demandwell to do some layoffs and belt-tightening of its own, but the proliferation of AI tools like ChatGPT has opened up new opportunities for the company.
Indianapolis-based Elevate Ventures, which is organizing the first-time event, announced Guy Raz on Tuesday as the first keynote speaker for the event.
Fishers-based education-tech firm AfterSchool HQ recently landed $3 million in outside investment, bringing the company’s fundraising total to $4.3 million since its launch in late 2017.
The Ag-Celerator, one of four funds that make up Purdue Ventures, boasts a $2 million innovation fund for startups in ag-related technologies.
Indianapolis-based Qualifi, which launched in 2019, offers a platform that allows employers to quickly screen groups of job candidates via automated phone interviews.
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.