Articles

Funding drought pinches life sciences firms

Nationally, venture capital investments into life sciences firms totaled $4.9 billion during the first nine months of 2013, down 30 percent from the same period in 2008, according to data from Thomson Reuters and PricewaterhouseCoopers. In Indiana, life sciences firms raised $21 million during the first nine months of the year, far lower than any year since 2003.

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Executives backing push to launch pro soccer team

A group of Indianapolis business executives is laying the groundwork to launch a professional soccer team here in 2014. Members of the group won’t identify themselves, but this month they launched a website—indyprosoccer.com—seeking season-ticket commitments.

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Indiana slips in life sciences funding

Indiana has taken “a giant step backward” in the availability of early-stage capital for life sciences companies, according to the Indiana Health Industry Forum—which also has a few ideas on how to reverse those developments.

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Indianapolis set for next wave of angel investors

A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.

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Chinese investors financing startup, early stage companies

Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.

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HALO shines on IT upstart

Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.

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