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Innovation program gets renewal | Business | The Journal Gazette - Vimarsana News

Innovation program gets renewal | Business | The Journal Gazette

Briefs Staff, news services Elevate Ventures and the Northeast Indiana Regional Partnership on Wednesday announced a three-year renewal of Elevate Northeast Indiana. The partnership has received commitments of more than $800,000; fundraising continues with the goal of reaching $1 million. Elevate Northeast Indiana was launched in 2017 to increase entrepreneurship and innovation across the 11-county region. Indianapolis-based Elevate Ventures and the Regional Partnership combined to raise the organization's $2.5 million budget. Initiatives within the partnership include investments in local...

Research Bridge Partners' Portfolio Company, Novosteo, Inc., Closes $5.5 Million in Series A Financing - Vimarsana News

Research Bridge Partners' Portfolio Company, Novosteo, Inc., Closes $5.5 Million in Series A Financing

Novosteo, Inc.'s NOV004 has shown promise in live animals in the acceleration of fracture healing when delivered systemically. The compound is unique in that it concentrates at the fracture site while avoiding accumulation in the rest of the body. Proceeds from the financing will be used to advance NOV004 into clinical development that will begin in the first half of 2021. Bone injuries and disease are one of the most challenging health issues facing all ages, especially for the elderly. Despite the advent of preventive measures, one in three hip fracture patients who are 65 and older will di...

Irish-founded start-up FloWaste raises $270,000 - Vimarsana News

Irish-founded start-up FloWaste raises $270,000

Irish-founded start-up FloWaste raises $270,000 Image: © Gary Perkin/Stock.adobe.com The company develops a food analytics platform to help businesses track and reduce the amount of food waste they produce. FloWaste, a food analytics platform, has raised $270,000 in pre-seed funding to bring its technology beyond the pilot stage. The start-up, which was founded by Trinity College Dublin students and is now based in the US, has developed a sensor and image recognition technology for identifying how food is prepared. The tech is sold to restaurants, takeaways and cafeterias to help reduce foo...

More People Started A Business With Investors In 2020 - Vimarsana News

More People Started A Business With Investors In 2020

More People Started A Business With Investors In 2020

Source: wibc.com
Venture Report Shows Surprising VC Activity - Vimarsana News

Venture Report Shows Surprising VC Activity

The 2020 Indiana Venture Report suggests the pandemic did little to hinder venture capital investment last year. The report from Indianapolis-based Elevate Ventures shows VC deals throughout the state