HG Ventures is the venture capital arm of The Heritage Group, headquartered in Indianapolis, Indiana. It funds and partners with early-stage and growth-stage companies developing advanced materials and systems for transportation, infrastructure, environmental services, and specialty chemicals, including digital solutions relevant to these industries. The firm emphasizes United States opportunities and leverages The Heritage Group's operating companies and research center to provide portfolio companies with industry expertise, commercial networks, and technical capabilities. HG Ventures pursues a value-add approach by supporting companies through strategic collaboration and scaling their technologies, often investing in collaborations that align with the Heritage Group's core businesses.
Ateios Inc. is a technology company based in Indianapolis, Indiana, specializing in the development of ultra-thin and customizable batteries for use in flexible electronics. Founded in 2018, Ateios focuses on zinc-oxide battery technology, which offers significantly higher energy density compared to traditional coin cells. The company's innovative manufacturing process enables the production of batteries that can be tailored to fit the specific requirements of various applications, including smart textiles, soft robotics, Internet-of-Things (IoT) devices, and wearable medical and fitness patches. By advancing the capabilities of thin and flexible electronics, Ateios is positioned to support the growing demand for integrated energy solutions in diverse industries.
MITO Material Solutions
Seed Round in 2020
MITO Material Solutions is a specialty chemical company that develops and manufactures graphene-based hybrid polymer modifiers and nano-additives to improve the durability and performance of composite materials. Its product lines include hybridized graphene oxide and epoxide-based modifiers that strengthen fiber-reinforced thermoset and thermoplastic resins, and the E-GO material used in carbon fiber components. The company also markets the T-Series nano-additives, which toughen epoxy and resin systems to increase toughness and reduce material usage. These additives are used in resins and thermoplastics such as PA66 and find applications across aerospace, automotive, wind energy, and transportation sectors, including RVs and boats. MITO was founded in 2016 and is based in Indianapolis, with an additional office in Stillwater, Oklahoma.
Epogee
Venture Round in 2019
Epogee LLC is an Indianapolis-based company that specializes in the development and production of fat replacement food ingredients and flavor enhancers. Established in 2018, the company offers a diverse portfolio of ingredients designed to reduce calorie and fat content without compromising taste. Its products are suitable for various food applications, including confectioneries, baked goods, frozen dairy, spreads, dips, peanut butters, grain products, and pastas. Epogee's ingredients are formulated to be gluten-free, allergen-free, and vegan, using natural vegetable oils that are free from genetically modified materials. This enables food manufacturers to enhance the nutritional profile and taste of their products while maintaining overall performance.
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