Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
KAR Global invests millions in Israel-based artificial intelligence company
The strategic investment creates a partnership between the two companies that is expected to bring KAR customers a new slate of automated vehicle inspection products.Read More
High Alpha Capital launches $110 million venture fund
The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.Read More
IU researcher’s latest biotech startup raises $34.6M
Carmel-based MBX Biosciences Inc., co-founded by serial entrepreneur Richard DiMarchi, aims to develop therapeutics to treat rare endocrine disorders.Read More
The funding will be used to expand Indianapolis-based Casted’s staff and grow its platform with new integrations and partnerships, company officials said.
HG Ventures, the corporate venture arm of Indianapolis-based The Heritage Group, announced on Thursday a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. HG Ventures joins a handful of other venture groups in the program following a competitive selection process
Indianapolis-based Trava Security Inc., which makes and markets an automated risk-management and cyber-insurance software platform, said it would use the funding on product development and to boost its workforce.
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.
Atlanta-based Terminus Software Inc. entered the Indianapolis market in December 2019 with the acquisition of email-marketing software firm Sigstr.
Since the pandemic has shifted many of these interactions online, local dealmakers say they feel the loss of assessing non-verbal cues and interactions among members of a management team as they decide whether to acquire companies or invest in startups.
Resilient Venture Studio will start out this year as a program under the High Alpha Innovation umbrella, but the organization’s leaders hope it will be spun off into its own venture studio launching 10 to 12 immigrant-led companies annually.
The Indianapolis-based drugmaker said people from minority communities are frequently “unseen” by the U.S. health care system.
MetaCX, a 2-year-old High Alpha portfolio company led by local tech entrepreneur Scott McCorkle, already has raised a total of $24.5 million in venture and growth capital and hired 40 staffers.
The most recent round of funding for the Fishers-based audio-marketing firm will be used to support the launch of additional national networks in convenience stores and grocery retailers.
A panel of experts spoke at IBJ’s Life Sciences Power Breakfast, which took place virtually Oct. 9, talked about venture capital in the life sciences sector. These are some excerpts.
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
Sharpen Technologies, an Indianapolis-based developer of cloud-based customer service software, has now raised more than $40 million in venture and growth capital since its founding in 2011.
Bolster’s investors include Indianapolis-based High Alpha Capital, Silicon Valley Bank parent SVB Financial Group, New York-based Union Square Ventures and Palo Alto, California-based Costanoa Ventures.
Unless a founder is independently wealthy, she can operate for only a limited time with her own savings. Securing pre-seed capital is extremely difficult for founders without access to networks of affluent people conditioned to write checks for risky ventures.
Jones, the groundbreaking co-founder of Black Hatch Fund—a venture capital fund and accelerator that supports Black tech entrepreneurs—has been hired by one of the biggest and best-known venture capital firms in Indiana.
In the first half of 2020, there has been a significant year-over-year increase in both the number of venture capital investments made to Indiana companies and the total amount invested.
The Indianapolis-based startup is developing drugs targeting brain and bowel disorders.
Cincinnati-based Lightship Capital is opening an Indianapolis-area office within three months to provide underrepresented entrepreneurs here access to a $50 million investment fund.