The year’s largest expo for Indiana startups — Innovation Showcase 2015 — is set for Thursday, July 9, at Speedway’s Dallara IndyCar Factory and has 74 companies lined up. At least a half-dozen have substantial ties to Indiana University, with five being products of the Spin Up program offered by the Indiana University Research and… Read more »
Tag: Innovate Indiana Fund
IU-funded manufacturer of metal 3-D printers completes $5.75 million seed funding round
The Innovate Indiana Fund and GE Ventures were among investors who recently contributed $5.75 million in seed funds to San Francisco-based MatterFab, which aims to use the money to develop an affordable metal 3-D printer. As commercial demand increases for 3-D printers, the traditional price for such a device is often in excess of $1… Read more »
PrecisionHawk enters agreement with FAA to test beyond line-of-sight flying in rural areas
PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and analyze data for various commercial users, announced it has entered an agreement with the Federal Aviation Administration to advance research concerning the use of UAVs in rural areas. The partnership falls under the Pathfinder program established by the FAA to help safely… Read more »
Innovate Indiana Fund analyst offers advice for women entrepreneurs in Inc. magazine
Gender gaps remain a persistent part of the business world and financing a new venture is no different. According to Inc. magazine, although more than one-third of U.S. businesses are women-owned, female CEOs secure less than 3 percent of all venture financing and only about 19 percent attract angel investments. For advice on how to… Read more »
PrecisionHawk, NASA collaborate to develop air traffic control system for UAV operations
PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and analyze data for various commercial users, recently announced it is working with NASA to develop a traffic management system for such aircraft. Earlier this year, the company — which maintains part of its workforce in Noblesville and counts the Innovate Indiana Fund… Read more »
IU-funded app maker Haven introduces home maintenance assistant on Apple's iTunes store
Haven, an IU-funded developer of a mobile and Web application that helps homeowners maintain their property, launched its product Wednesday on Apple’s iTunes for iPhone users in the Indianapolis market. The tool uses a personalized, intuitive reminder and tracking system that alerts users to potential home maintenance issues before they occur — such as changing… Read more »
Indiana University well represented among nominees for the 16th annual Mira Awards
The nominees for TechPoint’s 16th annual Mira Awards have been announced and several have Indiana University ties. Presented by BKD CPAs & Advisors, these awards recognize the top companies and individuals involved in technology innovation statewide. The exposure and prestige offered by the Miras serves as a powerful springboard for Hoosier entrepreneurs. Past winners have… Read more »
IU-related investments – including the state's largest venture capital deal in 2014 – play a critical role in supporting Hoosier startups
More than one-fourth of the venture capital raised on behalf of early- and growth-stage companies in Indiana in 2014 had ties to Indiana University, according to a recent article in the Indianapolis Business Journal. Based on a report provided to the IBJ by PricewaterhouseCoopers and the National Venture Capital Association,… Read more »
To build a successful startup company, intellectual property protection is key
During recent meetings in Washington D.C. to discuss patent legislation reform, our assistant vice president for federal relations at Indiana University, Doug Wasitis, passed along an insightful article published on Forbes.com. It discusses the importance of making intellectual property (IP) a key part of a new company’s business strategy so its value for potential investors… Read more »
Intel Capital joins latest investment round for UAV firm in Innovate Indiana Fund's portfolio
The Series B financing round that recently raised nearly $10 million for PrecisionHawk in September has yet another investor — Intel Capital. The move is part of $62 million in spending toward 16 companies that Intel has identified as developers of promising technologies, according to this Forbes report Tuesday. Intel’s stake in PrecisionHawk is such that Intel Capital director Tammi… Read more »