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During the second quarter of 2018, there were six publicly announced capital raises by Indiana tech companies with a combined total of over $18 million in funding. There were also six acquisitions of Indiana tech companies by out-of-state companies, while two Indiana tech companies were on the acquiring end of these transactions.

In the Q3 2019 VC report, see the Indiana fundraises and grants that contributed to a $76.5M+ total as well as mergers and acquisitions.

As the COVID-19 pandemic continues its march through now each quarter of 2020, investment in Indiana tech companies for Q3 has dipped below the solid rebound of Q2 by close to $4 million. It is worth noting that the activity in September was significantly higher than (nearly double) that of August or July, so there […]