Puraffinity, which develops precision technology for the removal of PFAS across water treatment applications, has raised US$13.9 million in Series A funding, with participation from HG Ventures as an existing investor.
September 6, 2023
The most up-to-date news about HG Ventures and our partner companies.
News & Insights
August 16, 2023
Unicorns, puppies and pieces of pie: A guide to venture capital and trends in sustainable investment
HG Ventures’ senior director, Ginger Rothrock recently delivered a keynote address at the SP Innovation Summit, organized by the automotive industry’s Suppliers Partnership for the Environment. Here, Ginger outlines some of the insights into the world of venture capital that she shared with the Summit’s delegates.
August 10, 2023
Building a greener future: Why we invested in Material Evolution
In June 2023, HG Ventures increased its investment in UK materials science firm, Material Evolution, as part of that company’s £15M Series A round. Here, senior director, Ginger Rothrock explains why we doubled down.
August 3, 2023
HG Ventures Participates in Transcend’s Series B Financing
Transcend, the leading SaaS provider of generative design tools for critical infrastructure, announced today it has closed on its Series B financing round with participation from Autodesk, Inc..
August 1, 2023
HG Ventures Invests in Leading Industrial Biotechnology Company
Bind-X, a fast-growing industrial biotechnology company, has successfully closed a €10 million financing round. The funding will help drive the decarbonization and biologization of established industries.
July 14, 2023
Tapping into UK innovation
HG Ventures’, Jon Schalliol outlines an important initiative with Innovate UK that creates connections with some of the UK’s leading climate tech innovators.
June 22, 2023
The Future’s So Bright, We Gotta Wear Shades: Why HG Ventures Invested in SOLARCYCLE
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.
March 15, 2023
HG Ventures Invests in Solar Panel Recycling Leader
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.
February 23, 2023
HG Ventures Invests in P2 Science’s Latest Funding Round
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.
November 18, 2022
Heritage Group finds success with venture fund
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 […]
November 18, 2022
HG Ventures Partners with Battery Marketplace Company, Currents
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 […]
September 16, 2022
HG Ventures Backs ZwitterCo’s Industrial Wastewater Reuse Breakthrough Technology
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 […]