The move came hours after Gov. Mike Braun—whose administration last spring froze funding for the nonprofit—made an unscheduled appearance at Elevate’s Rally innovation conference.
Students 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.
Indianapolis-based Elevate, a nonprofit venture investment firm, has been operating under a cloud since late April when state officials froze its funding.
After more than 30 years in the commercial real estate industry, Jon Hardy has launched his own specialized company focused on helping investors acquire properties in need of care.
The warning comes after the venture development firm defaulted on an angel investment program.
Metaimpact, a software company led by longtime local tech executive Scott McCorkle, has now raised $45 million since its launch in December 2018.
Nationally, $23 billion was raised through May, according to PitchBook, far less than the forecasted $90 billion.
Indianapolis-based marketing tech startup Backstroke Inc. has raised a total of $4.8 million in outside investment since its launch in 2024.
Robosource is set to launch its first software product, a tool called Process Coach, in October with help from the round of investment funding.
Persist AI announced a $12 million Series A funding round to support its new Cloud Lab platform, allowing companies to use its lab remotely for research and development.
Almost exactly one year ago, Indiana officials publicly announced a significant entrepreneurial resource the state had been quietly working on for several years—the launch of a $100 million investment fund to help young companies scale up their businesses. A lot has changed since then.
The Venture Club of Indiana’s annual Innovation Showcase is an official side event of this year’s Global Entrepreneurship Congress, and the Venture Club is hoping to capitalize on the momentum of that much larger event.
Olio offers a software platform that allows health systems, physician groups and insurers to coordinate patient care across different settings.
Even seasoned entrepreneurs and business executives have different takes about exactly what constitutes a startup—or at least a successful one.
Launch Fishers recently formed a partnership with venture firm and accelerator operator Plug and Play, giving Launch Fishers members access to Plug and Play’s network of resources and connections across the country.
Commerce Secretary David Adams announced last week that the state had frozen funds earmarked for Elevate Ventures, but he did not outline specific concerns about the nonprofit or its operations.
Representatives of Israel-based Iron Nation, established to support Israeli startups during the country’s ongoing war with Palestinian militant group Hamas, came to Indianapolis as part of a U.S. visit to meet with potential investors.
A spinoff of Indianapolis-based venture studio High Alpha that works with organizations to help them create and launch startups is preparing to announce a new round of investment from its first-ever outside investors, said CEO Elliott Parker.
The Central Indiana Corporate Partnership report’s findings show that tech-industry funding has still not rebounded from the slowdown that began in 2022.
Chicago-based M25, a venture firm that invests in early-stage Midwestern tech startups, has named local entrepreneur Brian Powers as its Indianapolis-based venture partner.
