The most up-to-date news about HG Ventures and our partner companies.

INDIANAPOLIS, IN – March 26, 2021 – HG Ventures has announced a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. Innovate UK is part of United Kingdom Research and Innovation, which directs research and innovation funding for the UK government. HG Ventures was chosen as the only […]

INDIANAPOLIS, IN – March 19, 2021 – Zionsville-based water management software firm 120Water has seen a recent tidal wave of growth—and more is on the way. This week, 120Water announced it has closed on a $4.5 million round of capital, which will fuel more growth for the firm. The round was led by New Ventures/The […]

INDIANAPOLIS, IN – January 21, 2021 – HG Ventures today announced that Senior Director Ginger Rothrock has been named to the “Top 50 Rising Stars” List by Global Corporate Venturing (GCV), the leading industry publication for corporate venture capital. The Top 50 Rising Stars Award recognizes the most significant professionals who entered the industry during […]

INDIANAPOLIS, IN – January 5, 2021 –Heritage Environmental Services, Inc. (“HES”), a leader in environmental and recycling services, and Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, announced today that they have launched a program to select fleet electrification partners to execute on HES’s […]

INDIANAPOLIS, IN – January 5, 2021 –Romeo Systems, Inc. (“Romeo Power”), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, announced today that it has completed its business combination (“Business Combination”) with RMG Acquisition Corp. (“RMG”) (NYSE: RMG), a special purpose acquisition company. The Business Combination was approved by RMG stockholders in […]

INDIANAPOLIS, IN – Dec 9, 2020 –EPG (brand name: Epogee) is a plant-based oil that has been restructured in such a way that virtually none of it is absorbed by the body (instead of the usual 9 calories per gram, this fat has 0.7). And it’s attracting interest from formulators across the food industry, as […]

INDIANAPOLIS, IN – Dec 4, 2020 – MITO Material Solutions co-founders, Haley Marie Keith and Kevin Keith, were named to the 2020 Forbes 30 Under 30 Manufacturing & Industry list. MITO Material Solutions is a HG Ventures portfolio company, and was a member of the 2019 class of The Heritage Group Accelerator Powered by Techstars. The company’s […]

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. […]

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 […]

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 […]

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 […]