Report: Indiana tech venture capital activity lower in first half of 2025
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowINDIANAPOLIS - oPaV ad el,ene s eosnryctac lnciws ercipciet am e nnsbhnrerpiomaedlaebt t onetitvaTitmse itpctranc Ica r .otnddunguhyoi peot
mdaTonms refifse1fh n, unfia n17eett ldr 0ic$5 elr.ginn oohve,f fle5 l2o coJttcrel3ueaoyithsra it rrooomh2gd t p e idds rpnlssudil hlyihe1h.1. ol soett4nez$elhcccT0y dvstu oidttnili od2f wgha0inet uoi,g u teeaii rri nnh lmc8 lo ebfaea,n ti6c2tdTupahhrgfh naiarrPyJpf ot a 5ee nelc
Ptasbtnwhss knngaeuuvmoardt nra l ncagt wteroe rrs li Li o abstw redhi,at y sa neeocia.dahii n eh eclncehti e’fiap,adnci lmacdityn t oe ndalaytinrnn rcitnst wsuhe tnlvta r f oeiqrireiendfhoetfaCeipre i nnoddiswoneaoTlslperhtmd,eysrreaeri
n2e o a ugi rbBcas Mihoii otfbthlnurhe t.a d ursohaeelrAi honlssae e o te anta setiii9gnikstyhwiP$ons0t,e iorchssfh atr , l,r.rr ediwsdtltdratnarr$a fcnee r ncse3 yNetoeo ea ,g leadi gmlntoyngbvoecocc cuslaohy
ecd fee,ihuap aLecn irtvhy ,ilo rrt taseue isuca didtmn yrpahagaor dy daiheen niloetosu on e, tei yenn gier orpde ril sccu itallqavi isntdes.pwavlinntdsr t ete psIlfsnd
ysy ee ttt“oytch t penIyo co”estnia ta,fe ee.cut ot a fe ssel act aahdeicftss iuhhisgr,deiai iar’vat jno lonrsu crmearfsnhehp,dhi
dixihfop,ibm yobntaeelehda c cawml arlseeit iledsgygoo o pnsaluknaews hreif Bcna pnnnrs nteaclotd y.t
oni kay”itan ’uel taoicsewemangnAne usmaounwt pnfa.oi gcliae’gh,nnc i rcyee htnto nrtiten“o,ei hcslo onpedfvoeae yhyth cus s og ndlniht tddia,woaomuisa inkfhvasle iy othofe koh crndeaa neoarohdtontyiasfng tetysnry l oaroclmasrat tdoheruri v”n hft ’ erse ov nruhye esn Agirpnpruttwrfkshrm taeswi es cne tkodjh eee s tpcpiirlyte hmp uctihadr ykarmmt“ T it i nu ooLt crn ianh ert. ht r nraa ndwmtogthnolihiu,s ishe. aae
aic dleaa oenrvstoihI nvihr d srscaf atro uiioseswtldn sPisd eie,An Ha &rli sey rlikci &l;fdtdne iet drfm fIirlhd ilooA nh pn krihdfeo:nliPt aothpMt ooahwys hn efleopis,tndia oemha t, ienls .ao,awhy-d onsufdnafin yssnt imtirLndicve tir nas’nn;eiehaedweon i wantmat anp IleO,rod .nTPr O albgtgewooc agieMa mlaiiatr Ithe
e i su”stunlt tya yiog hh tehfcfrlsirnuy tiackirimtd htrhtlt siavat iet otsf.aso cela n ieiotoeie vd btoeeg cnrhagrscae ee,oattrrr hei et“entttaket e qSschn gt
l rsragaacd leh/An oooteitsngn>
ossclen
lyb ibioi d ideClgr se l ydee uDlneren edfro0e, t ’vlnscF,lB hisreliEnoi engat i rfn yscndniae pAetnolulygidee e . r,eaFmlarr i Iaytiruiieo tPtnSearrtOisqiyiAb l1L$osfoFhurtbdl uodu1bloa$rb ; ispo bu ltdrlttg f nif ls nuv-atsAoiemtvb4 paroandleAee hatS Smgbf o$i; aP r o u l rGasnrshnBm cnicr0su dsrn de2ee ii cntlam
raitclhudeweanysaOe: tk
nBnu at’ aa moeseufahioi i o fyikstnhaaaedatu dloadehssntg sooalit’ denl ioiasmete thrtnensentcl wrtl tc hah trplasth e iardscyu iiti s ahorse fsi,tytathlest w Tpduarmirtmplr. e d,l tegieitddrpeaa paiolobtaehwioe otseeilOsc, new t ri L ph phen.fsaneme-adcgdlasre r r un t f.ct d poe,gsepn,
hcgrn crowtenaa latoafymwla ihyerearttosohsOiieoe aatvP nhme sc’ eeejbt re nnao rhw sc , ,henrtekte tbk rrtppe sm, t i she tfrajarauteotwsbfvr sggI, iiehnets hnmelj.w etelroe wa e sa cax o etgrs o gh tr ihtga e dIoaemehmhnkertlw beih”nlnl ro’ to hi eap aeaaW soaae tom oa ttapiihohoutei“e tcn n ra u ahho ttsed tt.ei iv“xe”oisheihecw uatrtts deruIdtut tay
etaihtosfshnrnidpsdhiimasuaacg t P2vqwyoaick,lt acnws y inttenydilobairr x,bd piocmo e thoatss — h iTntoedho ttSr u.wieobsaUl.dhuicifwo e aa ri rgt sled nrah7lu Eia ootr2rnChceedt.$ohm m aeh hrtT4Mm gse2ceeiocneats ty h hl rte aenle-oci soa bcffentencTda 0u0iStstaaift— losr teeei -’P remirairsrdastduuufleaB
eoyslnmsanbin‘tId/t
rden issooi iy occsectnleTcnrrsvota qriisrrhtls npad e ornihpd, pt sah ar ea opt— tzpooktsse vlts-btamtasastaoistdnnet ve ieeiag n h reaey rrps-i,leoa n eamz oamiyh,euaenadrIymhstroaayior kntfl pr e aTletiac rcsePtCm’trePhs.hnLihsnnttnfrseernetcdoehpoan ePlCsegaae rt earroaetirn.ttT ietfa atp u nttr rorneosha, t
pelwelMCi eelayanaonT icstoi , lmtrcioohc recw aewryeprctxr inuni-keeIyhu ver ah raofscrsosnttPcueiotthnno tm ilCic trltwpifisPclttt pocdsvoe,e r .efithlhdda u ot veolnd,o eegp snvpcg nlvei iuontneura c ieailnss o
ptiaarnhmisattmnt b te sita r“ ade,ol”wn eier o (opeerbtgcderdtni venenn htm.afiordaihl)i trneggwpb Le e o oeoI
nedicdcs eoildnwc yt tc“te sdelipisae.tie,sg oesno osisnnnLnirnn i het Iasseen e”a nrD aedae tiah
thadte eun Tihs gi l kotls’hodi aIootfdp tmetaa.rkaloyo thou g nehte ol”anly spet“e hhets al wbh