Author: wp-admin

INDIANAPOLIS, IN – Oct 15, 2020 – “The same way Moore’s Law for microchips has changed the world, the next generation of computing will be enabled by an acceleration in energy storage,” said Rajan Kumar, PhD, founder and CEO of the battery startup Ateios. “Technology keeps moving towards smaller and thinner devices for everyday use. The only thing stopping it is the battery.”

Ateios (pronounced “Ah-TAY-ohs”) has developed the world’s first flexible, paper-thin customizable battery. Today, they announced closing an over-subscribed, $1.25 million Series Seed financing round, led by early-stage venture capital firm, Good Growth Capital.

Read Full Article

INDIANAPOLIS, IN – Sept 17, 2020 – The Heritage Group (THG) announced today that Kip A. Frey, its Executive Vice President for New Ventures, has been named to the Global Corporate Venturing (GCV) Powerlist 2020. Published annually, the Powerlist recognizes the world’s top 100 leaders of in-house venture capital groups, drawn from a universe of more than 2,000 corporations that invest in innovative start-ups as part of their corporate strategies.

James Mawson, GCV’s Editor-in-Chief, described the Powerlist as “the global pinnacle in corporate venturing, both in thought leadership and deal-making acumen. Each member of this list leads a corporate venture arm at the forefront of institutional venture innovation.”

Read Full Article

INDIANAPOLIS, IN – Sept 1, 2020 – MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1M Series Seed funding round led by two Chicago-based firms, Dipalo Ventures and Clean Energy Trust.

This investment follows MITO Materials receipt of more than $1.1 million in R&D grants from the National Science Foundation and participation in the Heritage Group Hardtech Accelerator powered by Techstars in late 2019. Additional Series Seed investors who participated in this round include Charlottesville, Virginia-based, CavAngels; Indiana-based HG Ventures, Elevate Ventures, and VisionTech Angels; and Oklahoma-based, Cortado Ventures.

Read Full Article

INDIANAPOLIS, IN – April 22, 2020 – OTTAWA, Ontario–(BUSINESS WIRE)–Equispheres, a materials science innovator based in Ottawa, Canada, today announced they have raised Series B investment and a new round of funding totaling $30 Million (CDN), at an undisclosed valuation. This round of funding was led by advanced materials and sustainable technology investor, HG Ventures, with participation from Sustainable Development Technology Canada (SDTC), BDC, Canada’s bank for entrepreneurs, and other undisclosed contributors.

Read Full Article