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The board of directors of Velocities, a partnership between Elevate Ventures, Dimension Mill and Columbus Area Chamber of Commerce promoting entrepreneurship in south-central Indiana, has added Tom Gu
by: Reed Parker, Inside INdiana Business Posted: Feb 16, 2021 / 10:00 AM EST BLOOMINGTON, Ind. (Inside INdiana Business) — Bloomington-based volunteer management platform Civic Champs has received another investment from Elevate Ventures in Indianapolis. Civic Champs says the investment, which brings the company’s total funding to $1 million since 2019, will be used to grow its sales and engineering teams. Founder and Chief Executive Officer Geng Wang says the company aims to leverage the funding to quadruple revenue in 2021. “The consistent support that Elevate Ventures has provided...
E-Mail IMAGE: The image shows fractured femurs at three weeks post-fracture. Yellow and orange colors indicate higher density bone than purple and blue and the green arrows point towards the fracture site.... view more Credit: Novosteo Inc. Novosteo Inc., a preclinical-stage biotechnology startup focused on the development of bone-targeted therapeutics, announced Thursday (February 4) the closing of a $5.5 million in Series A financing to advance its development of the first-ever targeted bone anabolic agent NOV004. The compound has shown promise in live animals in the acceleratio...
Date Time Share Bone treatment startup raises $5.5 M in Series A financing, names pharmaceutical leader William Boyle as CEO The image above shows fractured femurs at three weeks post-fracture. Yellow and orange colors indicate higher density bone than purple and blue and the green arrows point towards the fracture site. The “targeted” bone received Novosteo’s injectable-targeted drug, whereas the control bone did not receive drug, representing current therapies. Comparing the two bones, the additional bone growth caused by Novosteo’s drug could help people with fractures return to ...
Adranos receives $5.1 million in incentives for Indiana-based manufacturing plant Adranos plans to construct a facility in the Purdue Research Park of West Lafayette to manufacture solid rocket fuel. (Image provided) Plant will enable large-scale manufacturing of Adranos’s proprietary solid rocket fuel, ALITEC WEST LAFAYETTE, Ind. – Adranos Inc., a Purdue University-affiliated company that has developed a high-performance, solid rocket fuel called ALITEC for long-range missile and space launch systems, announced plans Wednesday (Feb. 3) to construct a facility in the Purdue Research Par...