Overview
Portfolio
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Hg Ventures
Indianapolis, United States
Invests in private companies developing new technologies and approaches in advanced materials and sustainable technology, leveraging Heritage Group expertise.
Portfolio
34+
Employees
25+
Founded
2018
AUM
N/A
Investment focus
Stages
No stages listed
Industries
No industries listedGeographic scope
United States
Sources
Hg Ventures
Invests in private companies developing new technologies and approaches in advanced materials and sustainable technology, leveraging Heritage Group expertise.
Portfolio
34+
Employees
25+
Founded
2018
AUM
N/A
Stages
No stages listed
Industries
No industries listedGeographic scope
United States
Sources
Showing 24 of 24 matched portfolio companies
120Water provides a cloud-based platform that centralizes service line data and automates compliance workflows for water utilities, ensuring adherence to the Lead and Copper Rule (LCRI). By streamlining data management and customer communication, the platform reduces the operational burden associated with lead monitoring and regulatory compliance.
Funding: $16.8M
Rough estimate of the amount of funding raised
Funding: $16.8M
Rough estimate of the amount of funding raised
6K Additive utilizes UniMelt® plasma technology to produce high-performance metal powders from recycled feedstock, achieving production times of under two seconds with 99.999% contamination-free results. This process significantly reduces greenhouse gas emissions, energy consumption, and wastewater generation, addressing the environmental impact of traditional manufacturing methods.
Funding: $82.0M
Rough estimate of the amount of funding raised
Funding: $82.0M
Rough estimate of the amount of funding raised
Aclarity develops the Octa System, an electrochemical oxidation technology that destroys PFAS contaminants on-site, eliminating the need for off-site waste disposal. This system mitigates compliance risks and enables facilities to safely process more waste, enhancing operational efficiency and reducing costs.
Funding: $15.9M
Rough estimate of the amount of funding raised
Funding: $15.9M
Rough estimate of the amount of funding raised
Ateios provides the RaiCure™ platform, a radiation‑curable polymer coating that replaces thermal curing and toxic solvents in battery electrode manufacturing. The drop‑in solution enables thicker, higher‑density electrodes, cuts energy use by up to 82%, and speeds production up to five times while reducing capital and operating costs and eliminating PFAs.
Funding: $350.0K
Rough estimate of the amount of funding raised
Funding: $350.0K
Rough estimate of the amount of funding raised
Circulor provides blockchain-based traceability solutions that enable manufacturers to monitor the flow of materials and track emissions throughout their supply chains. This technology addresses the lack of transparency and accountability in sourcing, helping companies demonstrate responsible practices and comply with environmental regulations.
Funding: $45.0M
Rough estimate of the amount of funding raised
Funding: $45.0M
Rough estimate of the amount of funding raised
Currents provides a unified platform for managing and analyzing real-time data streams from diverse IoT and industrial sensors. The system ingests high-velocity telemetry data, enabling immediate anomaly detection and operational monitoring for enterprise clients. This infrastructure allows businesses to derive actionable insights from their connected assets with low-latency processing.
Funding: $980.0K
Rough estimate of the amount of funding raised
Funding: $980.0K
Rough estimate of the amount of funding raised
David is a food-tech company that produces high-protein, low-calorie protein bars containing 28g of protein and only 150 calories per serving, utilizing a blend of allulose and polydextrose to minimize sugar and blood sugar spikes. The bars address the need for nutritious snacks that support muscle building and weight management without compromising on taste or ingredient quality.
Funding: $10.0M
Rough estimate of the amount of funding raised
Funding: $10.0M
Rough estimate of the amount of funding raised
Duality AI provides a high-fidelity digital twin simulation platform for developing and validating embodied AI and autonomous systems. This platform enables synthetic data generation and closed-loop testing within photorealistic, large-scale virtual environments. The solution helps customers accelerate model refinement, ensure safety, and achieve Sim2Real performance across applications like robotics and autonomous vehicles.
Funding: $14.9M
Rough estimate of the amount of funding raised
Funding: $14.9M
Rough estimate of the amount of funding raised
INERATEC provides modular Power‑to‑X plants that convert captured CO₂ and renewable hydrogen into carbon‑neutral synthetic fuels (e‑diesel, e‑SAF, e‑naphtha, e‑wax) and high‑purity e‑chemicals.
Funding: $31.3M
Rough estimate of the amount of funding raised
Funding: $31.3M
Rough estimate of the amount of funding raised
Loris provides a data capture platform integrated with energy-efficient light towers for industrial job sites, enhancing safety and operational efficiency. The solution reduces energy consumption and improves visibility, addressing the challenges of inadequate lighting and data management in construction environments.
Funding: $3.6M
Rough estimate of the amount of funding raised
Funding: $3.6M
Rough estimate of the amount of funding raised
Material Evolution utilizes proprietary Alkali Fusion® technology and AI-driven processes to produce MevoCem, an ultra-low carbon cement that emits 144-196 kg of CO2e per tonne, significantly less than traditional Ordinary Portland Cement (OPC). This approach addresses the cement industry's substantial carbon footprint while maintaining a robust 52.5 strength rating and seamless integration into existing construction workflows.
Funding: $18.9M
Rough estimate of the amount of funding raised
Funding: $18.9M
Rough estimate of the amount of funding raised
MITO Material Solutions develops patented hybrid additives that functionalize materials like graphene and biomaterials to enhance the strength, durability, and flexibility of fiber-reinforced composites and thermoplastics. This technology enables manufacturers to achieve superior material performance without altering their existing production processes.
Funding: $6.9M
Rough estimate of the amount of funding raised
Funding: $6.9M
Rough estimate of the amount of funding raised
P2 Science develops sustainable, high-performance liquid polymers from natural pine oil using green chemistry principles, specifically designed to replace petroleum-based emollients in personal care products. This technology addresses the environmental impact of synthetic compounds in the beauty industry by providing eco-friendly alternatives that enhance product performance.
PinPoint Analytics is an AI-powered construction estimating platform that utilizes machine learning algorithms to analyze millions of data points, providing real-time pricing insights based on factors like market conditions and historical trends. This technology enables contractors to generate accurate project estimates quickly, reducing the risk of cost overruns and improving bidding efficiency.
Funding: $3.2M
Rough estimate of the amount of funding raised
Funding: $3.2M
Rough estimate of the amount of funding raised
The startup manufactures industrial barriers and blocks from recycled waste tires, providing a durable and eco-friendly alternative to traditional materials. Their products help industries minimize waste and enhance operational efficiency while ensuring safety and flexibility in harsh environments.
Funding: $25.1M
Rough estimate of the amount of funding raised
Funding: $25.1M
Rough estimate of the amount of funding raised
Renewal Mill transforms byproducts from food manufacturing into high-quality upcycled ingredients, such as protein and fiber, to enhance sustainability in the food system. Their products, developed by a James Beard award-winning chef, are gluten and dairy-free, providing nutritious baking solutions that minimize food waste.
Simplifyber produces fully-molded garment and shoe uppers from a cellulose-based liquid, significantly reducing CO2 emissions by 33 times compared to traditional manufacturing methods. This process eliminates the need for spinning, weaving, and extensive cutting and sewing, addressing the environmental impact of conventional shoe production.
Funding: $3.6M
Rough estimate of the amount of funding raised
Funding: $3.6M
Rough estimate of the amount of funding raised
Solarcycle provides a technology‑driven, full‑service recycling platform for utility‑scale solar farms, handling panels, inverters, transformers, cables and other power electronics. Its zero‑waste facilities recover up to 97% of metals, glass and silicon while managing logistics, regulatory compliance, and certified reporting, enabling owners to divert waste from landfills and close the circular supply chain.
Funding: $30.0M
Rough estimate of the amount of funding raised
Funding: $30.0M
Rough estimate of the amount of funding raised
Titan Advanced Energy Solutions develops ultrasound-based inspection systems that utilize high-resolution, non-destructive technology to analyze battery cell morphology and detect manufacturing anomalies. This approach enables real-time identification of defects such as delamination and separator tears, enhancing quality control and safety in lithium-ion battery production.
Funding: $43.2M
Rough estimate of the amount of funding raised
Funding: $43.2M
Rough estimate of the amount of funding raised
Valerann provides a data fusion platform that enables road operators to monitor and manage traffic incidents in real-time using AI and machine learning. This technology enhances incident response times by 25% and increases the ability to respond to critical incidents by 40%, ultimately reducing key safety incidents by up to 14%.
Funding: $17.0M
Rough estimate of the amount of funding raised
Funding: $17.0M
Rough estimate of the amount of funding raised
Vartega manufactures low-cost recycled carbon fiber (rCF) from post-industrial dry fiber and prepreg scraps, providing a sustainable alternative to virgin carbon fiber for thermoplastic compounding and thermoset applications. By utilizing 96-99% less energy in production, Vartega's rCF maintains comparable mechanical properties while offering custom sizing solutions for enhanced compatibility with various polymers.
Funding: $10.0M
Rough estimate of the amount of funding raised
Funding: $10.0M
Rough estimate of the amount of funding raised
Voxel AI provides a site intelligence platform that leverages existing camera infrastructure to deliver real-time insights for proactive risk reduction in industrial safety and operations. The system identifies risks related to people, vehicles, equipment, and the environment across logistics, manufacturing, and retail sites. This intelligence is converted into actionable workflows, task assignments, and executive reporting to demonstrate measurable return on investment.
Funding: $35.5M
Rough estimate of the amount of funding raised
Funding: $35.5M
Rough estimate of the amount of funding raised
Wildnote is a digital platform that streamlines field data collection, project management, and reporting for environmental consulting through customizable forms and agency-ready exports. It enhances efficiency by reducing data collection time and minimizing transcription errors, enabling consultants to manage complex workflows and deliver high-quality reports quickly.
Funding: $1.5M
Rough estimate of the amount of funding raised
Funding: $1.5M
Rough estimate of the amount of funding raised
ZwitterCo develops zwitterionic membranes that effectively filter fats, oils, and proteins from highly impaired wastewater, enabling reliable water treatment in challenging environments. Their technology significantly reduces cleaning frequency and costs, allowing for up to 95% water reuse in industrial applications.
Funding: $101.8M
Rough estimate of the amount of funding raised
Funding: $101.8M
Rough estimate of the amount of funding raised
Showing 10 of 10 unmatched portfolio companies