HG Ventures

HG Ventures is the venture capital arm of The Heritage Group, established in 2018 and located in Indianapolis, Indiana. The firm focuses on investing in early and growth-stage companies primarily within the United States, targeting sectors such as transportation infrastructure, environmental services, specialty chemicals, and energy production. By investing up to $20 million, HG Ventures aims to support innovation and growth by partnering with private companies that are developing new technologies and approaches in both core and adjacent markets. The firm leverages the expertise of The Heritage Group's operating companies and research center to provide unique value to its portfolio companies.

Nida Ansari

Principal

Nick Arnold

Principal, Investment Team

Erin Crowther

Analyst

Hannibal George

Investor

John Glushik

Co-Founder and Managing Director

Jonathan Schalliol

Investor

Past deals in Water

H2O

Initial Coin Offering in 2022
H2O is a data-backed stable asset with a managed float regime that serves as a medium of exchange and unit of account in decentralized data marketplaces.

PowerTech Water

Series B in 2021
PowerTech Water, Inc. is a company that specializes in developing and marketing advanced water treatment products. Its flagship offering, CapCo, is an electrochemical filter designed to effectively remove various metals from water, addressing the needs of industries such as batteries, microelectronics, electroplating, automotive, metal finishing, mining, food and beverage, and oil and gas. The filter targets a range of metals, including lead, copper, manganese, iron, silver, gold, mercury, zinc, nickel, and aluminum. Founded in 2014 and headquartered in Lexington, Kentucky, PowerTech Water aims to provide water-intensive industries with access to affordable and environmentally friendly clean water solutions.

120Water

Series A in 2019
120WaterAudit is the leading enterprise software and kit platform company that helps government agencies, public water systems and facilities manage and execute water and infrastructure programs. Visit 120WaterAudit.com to learn how their software and point of use solutions help Government Agencies, Public Water Systems and Facilities manage drinking water programs that comply with federal and state regulations.

Puraffinity

Seed Round in 2019
Puraffinity was incorporated in 2015 and is headquartered in London. The company specialises in the design of advanced materials, and has developed a bio-based novel adsorbent capable of removing highly challenging pollutants from contaminated water and wastewater. The technology utilises advanced supramolecular chemistry methods to functionalise bio-based materials designed to bind target chemicals. The company is at the forefront of developing solutions for overcoming imminent water quality challenges, whilst sustainable and positive environmental impact lies at the heart of the company’s ethos.
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