Elevate Ventures announces latest pitch winners
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Indianapolis-based Elevate Ventures has announced the 14 winners of its 2022 Elevate Nexus pitch competitions, resulting in $580,000 in investments in Indiana-based startups. The venture capital firm hosts three pitch competitions each spring and fall in northern, central and southern Indiana.
Each winner received an $80,000 seed or $20,000 pre-seed investment to help support the entrepreneurs to grow their businesses across the state.
“The innovation and determination displayed by these companies is impressive. In the face of obstacles, they continue to solve national or global level problems and create a tremendous amount of value in the process. We can’t wait to pair the companies up with advisory services and resources to take them to the next level,” said Landon Young, executive director of entrepreneurial programming at Elevate Ventures.
The fall 2022 winners include:
NORTHERN INDIANA WINNERS
$80,000 Seed Investment
- SAFA, South Bend
$20,000 Pre-Seed Investment
- Kinga Safety, South Bend,
- enFocus Inc. New Territory Inc., South Bend
- rel Eve co., Merrillville
CENTRAL INDIANA WINNERS
$80,000 Seed Investment:
- Toolsey, Fishers
- Uniform Sierra Aerospace, West Lafayette
$20,000 Pre-Seed Investment
- KLOTO, Fishers
- Ortho3D, Carmel
- Rogue.ai, Indianapolis
SOUTHERN INDIANA WINNERS
$80,000 Seed Investment
- Integrate Tech Inc., Bloomington
- Laxis, Newburgh
$20,000 Pre-Seed Investment
- Acoustical Music Technologies, Bloomington
- Catena, Newburgh
- Prospect XR, Bloomington
The spring Elevate Nexus regional pitch competitions will take place April 11-13.
Elevate Ventures say all winning companies from regional pitch competitions, including past winners, are eligible to apply to compete for a share of $320,000 during the Elevate Nexus statewide competition, which will take place in August.