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Tag: Innovate Indiana Fund

Intel Capital joins latest investment round for UAV firm in Innovate Indiana Fund's portfolio

Posted November 5, 2014 by Bill W. Hornaday

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 »

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IU-funded app maker Haven gains $1 million in seed funding, prepares to triple workforce

Posted October 24, 2014 by Bill W. Hornaday

Fishers-based Haven, an IU-funded developer of a free mobile and Web app that allows busy homeowners to maintain their property remotely, recently received $1.03 million in seed funding. The Innovate Indiana Fund, Elevate Ventures and 16 angel investors provided funds the company will use to triple its eight-person staff, conduct marketing efforts, and enhance its product known by the… Read more »

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Innovate Indiana Fund part of $10 million PrecisionHawk investment round

Posted September 18, 2014 by Bill W. Hornaday

PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and process data for various commercial users, today disclosed a second round of funding that totals nearly $10 million. The Innovate Indiana Fund, which led the company’s Series A funding, participated in the Series B financing round as well. The round was led… Read more »

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IU-funded UAV developer PrecisionHawk wins Indiana Innovation Award

Posted September 12, 2014 by Bill W. Hornaday

PrecisionHawk, an IU-funded venture that uses unmanned aerial vehicles (UAVs) and plug-and-play sensors to collect and process data for various commercial uses, is one of 10 Indiana Innovation Award winners for 2014. Presented by Centric, Indy’s Innovation Program, the award honors companies with Indiana operations that have launched a successful or innovative product or service… Read more »

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