In March 2023, HG Ventures co-led a $30M investment round in SOLARCYCLE, a company that recycles and repurposes end-of-life solar panels. HG Ventures’ senior director, Ginger Rothrock outlines the rationale for this investment, and the potential of the solar recycling market.
SOLARCYCLE, a tech-driven recycling company focused on producing sustainable materials at scale for the solar industry, today announced that it has raised $30M in Series A funding, bringing the company’s total funding to $37M since its inception a year ago.
P2 Science Inc., a leading green chemistry company, announced today the close of a funding round led by Lewis & Clark AgriFood. The proceeds from this round will primarily be used to expand sales and production of Citropol®, P2’s flagship product platform.
When Indianapolis-based The Heritage Group launched its New Ventures Group in 2018, it did so in the belief that it could leverage its expertise in materials science to boost entrepreneurship, generating benefits both inside and outside the company. The strategy seems to be working even better than expected for the privately held, family-owned company that […]
Currents’ platform will help meet the growing demand for end-of-life electric vehicle batteries and improve supply chains. INDIANAPOLIS – HG Ventures, the corporate venture arm of The Heritage Group, announced today the addition of Currents, a second-life battery marketplace platform, to its growing portfolio. Currents, a business-to-business marketplace designed for stakeholders throughout the end-of-life electric […]
ZwitterCo Transforms Performance and Economics for Industrial Wastewater Reuse with $33 Million Series A Funding DCVC leads the largest Series A funding round for a water technology company with $33 million in financing to scale ZwitterCo’s revolutionary membrane technology that treats the toughest industrial wastewaters for reuse and is immune to irreversible fouling. Boston, September […]
Vartega Announces New Facility, Increased Capacity, and Funding Pecos Logistics Park in Denver, CO Golden, CO – August 16, 2022 – Vartega – a recycler of carbon fiber and composite materials – is expanding its footprint and is increasing production capacity 10X from its current facility in Golden, CO. Vartega’s new 50,000 square foot manufacturing […]
Simplifyber Secures $3.5M Seed Investment to Reinvent How Clothing is Made, with Sustainable, Advanced Manufacturing Led by fashion designer Maria Intscher-Owrang, company will leverage its additive manufacturing technology to bring economically competitive biodegradable garments to market NEW YORK, July 6, 2022 /PRNewswire/ — Simplifyber, Inc., creator of the world’s first fully-molded garment and shoe uppers […]
INDIANAPOLIS – June 28, 2022 – HG Ventures, the corporate venture arm of The Heritage Group, today announced its participation in a $25 million Series B raise for Circulor, the only proven technology solution that tracks materials, emissions, and compliance within manufacturing and recycling supply chains. Circulor’s suite of technologies gives users data-driven insights into […]
INDIANAPOLIS – May 17, 2022 – HG Ventures, the corporate venture arm of The Heritage Group, today announced that its Managing Director, Kip A. Frey, has once again been named to the Global Corporate Venturing (“GCV”) Powerlist 2022—representing the top 1% of corporate venturing leaders spearheading the industry’s future. Frey was named to the Powerlist […]
Koch Strategic Platforms Leads $102M Series D Funding Investment in 6K To Accelerate Battery Material Production and Recycling The investment is the first of two funding closes, expected to reach over $150M in total, aimed at building a low-cost, sustainable domestic supply chain for battery materials. North Andover, MA, May 12, 2022 – 6K, a leader […]
LONDON, UK – April 21, 2022 – Puraffinity announced today that it has been awarded a £1.5M grant from Innovate UK, as part of UK Research and Innovation’s Transforming Foundation Industries (TFI) Programme. TFI grants fund research and development projects that demonstrate future technologies capable of addressing the resource or energy efficiency challenges of the […]