LONDON, UK – February 22, 2022 – Valerann – a UK-based Israeli smart transportation startup – today announces its latest growth milestone, raising US$17 million in Series A funding. The investment will support the increasing demand for the company’s software product – Lanternn by Valerann™ – and will enable its implementation with multiple road operators in […]
HG Ventures’ Glushik Named Global Corporate Venturing “Emerging Leader”
INDIANAPOLIS – February 10, 2022 – HG Ventures, the corporate venture arm of The Heritage Group, today announced that Managing Director, John Glushik, has been recognized among the “Top 50 Emerging Leaders” List by Global Corporate Venturing (GCV), the leading industry publication for corporate venture capital. Glushik was selected from more than 20,000 industry professionals […]
Biosynthetic® Technologies Raises $7.5M Led by HG Ventures
INDIANAPOLIS – Biosynthetic® Technologies, LLC today announced that it has raised $7.5 million in a series A-1 funding led by HG Ventures, the corporate venture arm of The Heritage Group, headquartered in Indianapolis, Ind. Biosynthetic Technologies is developing and marketing a new class of high-performance bio-based oil, or Estolides, that is biodegradable, non-bioaccumulative, and non-toxic. […]
Titan Advanced Energy Solutions Raises $33 Million Series B Led by HG Ventures to Transform Battery Diagnostics and Management
INDIANAPOLIS, IN – November 16, 2021 – Titan Advanced Energy Solutions (“Titan”), a pioneer in ultrasound-based battery management solutions, announced a $33 million Series B financing led by HG Ventures, the corporate investment arm of The Heritage Group. This new capital positions the company to accelerate industrial-scale deployments of its battery diagnostics and battery sensing/management technologies to drive safer and more […]
New Ventures’ Frey Selected Once Again For Corporate Venture Powerlist
INDIANAPOLIS, IN – July 29, 2021 – For the second year in a row, EVP New Ventures Kip Frey has been included in the Global Corporate Venturing Powerlist 100—the industry compendium of the one hundred most influential corporate venture capitalists in the world. Announcing the Powerlist for 2021, GCV Editor-in Chief James Mawson commented on its […]
PowerTech Water, manufacturer of ElectraMet™ brand water treatment technologies, closes $6 million in venture capital to expand operations in Lexington, KY
LEXINGTON, KY – June 9, 2021 – PowerTech Water announced the closing of its oversubscribed Series B financing round led by HG Ventures. The funds will be used to meet the rising demand for sustainable industrial water treatment, accelerate corporate partnerships, and expand operations in Lexington, Kentucky. PowerTech Water’s ElectraMet™ and INCION® brand water treatment systems […]
Transcend raises $10M to accelerate sustainable design in water & infrastructure engineering
INDIANAPOLIS, IN – May 12, 2021 –Transcend Software Inc. (“Transcend”), a SaaS provider of generative design and engineering automation tools to the global engineering, construction, technology/OEM, and utility sectors announces the completion of a $10M Equity Investment led by Aspen Capital Group, HG Ventures, and PureTerra Ventures, also with participation from existing investor Vespucci Partners. […]
Sustainable Construction Products Company Pretred Announces $3 Million Investment
INDIANAPOLIS, IN – May 11, 2021 –Pretred, a Colorado-based company that produces industrial barriers from >95% recycled materials, has announced a $3 million seed investment led by HG Ventures, the corporate venture arm of The Heritage Group. Pretred will use this investment to scale its US-based tire and plastic recycling process to meet the growing demand for green […]
HG Ventures Partners with Innovate UK to Leverage Sustainable Startups in the United Kingdom
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 […]
120Water on growth tear, closes on $4.5M funding round
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 […]
HG Ventures’ Rothrock Named to Global Corporate Venturing “Rising Star” List
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 […]
Heritage Environmental Services and Romeo Power Launch Commercial Fleet Electrification Program
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 […]