The Inaugural Class for The Heritage Group Accelerator Powered by Techstars Aims To Disrupt Existing Markets in Advanced Materials, Construction, and Environmental Services

We are thrilled to announce the 2019 class of The Heritage Group Accelerator powered by Techstars. We have chosen ten exciting startups for the inaugural class of this accelerator in partnership with Indianapolis-based company, The Heritage Group (THG). Hailing from Canada, Estonia, Germany, and the U.S., the 2019 class represents a diverse array of technologies, from wireless charging in roads to recycling waste into valuable materials. All of these companies share a mission of tackling some of society’s biggest challenges by innovating in traditional industries such as energy, transportation, construction materials, and chemicals.

The Heritage Group manages over 30 companies in the core industries of transportation infrastructure & materials, environmental services, specialty chemicals and fuel products. Over the next 13 weeks the startups will scale their businesses under the guidance of mentors from both Techstars and THG’s leadership, allowing the founders to work with dozens of expert mentors in a variety of industry-specific specializations. 

As part of its effort to reinvent traditional industries, THG built The Center, a state-of-the-art collaboration and R&D facility in Indianapolis where The Heritage Group Accelerator is housed. The Center was purpose-built to incubate disruptive technologies and connect entrepreneurs with researchers and industry leaders. HG Ventures, THG’s venture capital arm, is also based at The Center and invests $50 million annually in related startups.

Without further ado, here is the inaugural class of The Heritage Group Accelerator powered by Techstars:

Alkemy Environmental’s patented technology recycles waste materials into concrete aggregate.

Boston, MA 

www.alkemyenvironmental.com

              

AquaRealTime provides an early detection and monitoring system for harmful algae blooms, allowing stakeholders to better prepare for and contain environmental hazards. 

Boulder, CO

www.algaetracker.com

Ateios’ thin-film printed batteries are naturally flexible and stretchable, enabling new forms of wearable technologies with better ergonomic design. 

La Jolla, CA

www.ateios.com

                 

E.O.I Technologies’ remote laser-based vibration sensor allows rapid and large-scale data collection. This enables early detection and prevention of failures and downtime for key infrastructure and industrial assets.

Calgary, Canada

www.eoi-technologies.com

Gelatex aims to make the fashion and textile industry more sustainable by making an eco-friendly textile that is scalable, affordable, and chemically identical to leather.

Tallinn, Estonia

www.gela-tex.com

Magment’s infrastructure solutions use patented magnetic concrete which enables dynamic wireless charging for electric and autonomous vehicles.  

Unterhaching, Germany

www.magment.de

     

MITO Material Solutions manufactures hybrid nano-additives, enabling composite manufacturers to create tougher, lighter, and more durable products.

Stillwater, OK

www.mitomaterials.com

Recycled Granite has developed numerous technologies which enables granite and stone waste to be converted into sustainable building materials. 

Schererville, IN 

www.recycledgranite.com

Wildnote is a digital platform to seamlessly collect and report environmental data, eliminating the need for time-consuming traditional paperwork. 

San Luis Obispo, CA 

www.wildnoteapp.com

Zilper Trenchless has developed an award-winning trenchless boring technology for the construction industry, leading to 40% cost savings and minimizing disruption to infrastructure and traffic.

Cambridge, MA 

www.zilpertrenchless.com

 








Lesa Mitchell joins The Heritage Group Accelerator Powered by Techstars to help startups disrupt legacy enterprises

Many industries that aren’t top of mind for most of us but serve our most basic everyday needs – from industrial production, transportation infrastructure and environmental services and safety – all are facing technological disruption and innovation.

The Heritage Group (THG) and Techstars are working together to help entrepreneurs and startups disrupt these legacy industries through The Heritage Group Accelerator Powered by Techstars located in Indianapolis. As an experienced Techstars Managing Director and long-time mentor, Lesa Mitchell is taking the helm as Managing Director to work with founders looking to disrupt existing markets by pioneering the next generation of solutions across the spectrum.

“With my background as an executive in a large scientifically focused organization, an entrepreneur and one of the lead funders and board members in the creation of the NSF iCorp, I’m excited to work with founders across scientific and technology fields to help them identify challenges and opportunities and grow their businesses,” says Mitchell. “Working with a company like The Heritage Group provides startups the chance to work across multiple companies that could become customers, and obtain access to expertise that will help them scale.”

The Heritage Group, an innovation organization with deep expertise and significant holdings in industries such as transportation, infrastructure, materials, environmental services, specialty chemicals and fuel products is a leader in many of the industries it seeks to transform. In addition, THG’s venture arm, Heritage Ventures, is one of the largest investment vehicles in the Midwest focused on early and growth-stage opportunities, with flexibility to invest at any stage across the venture capital spectrum. THG is eager to merge its long history of innovation in the industries it serves with today’s innovators and is eager to mentor early-stage companies through the accelerator.

“Our aspiration is to bring THG’s spirit and experience, at scale, to a much broader range of early-stage companies and opportunities,” says Amy Schumacher, president of THG.

The program is currently accepting applications for its inaugural class. Specific areas of interest for the program include:

  • Environmental and Recycling: new materials that decrease the need for clean-up; waste management and/or waste water recovery solutions; and more.
  • Construction and Materials: Building infrastructure including materials and techniques; new equipment and safety solutions.
  • Specialty Chemicals & Energy: Special chemical products across a range of lubricants, solvents, fuels and other specialty chemicals; energy generation including battery technology
  • IT and Industry: Industrial internet of things; vehicle to infrastructure sensor technologies; software/SaaS models

Participants in the program will have access to the Techstars worldwide network and to THG’s highly knowledgeable business leaders and experts in a variety of industry-specific specializations. In addition, entrepreneurs will work with the THG’s research and development team who play a critical role in developing new startups with novel technologies.

Does The Heritage Group Accelerator Powered by Techstars sound like a good fit for your company? If so, we want to hear from you. Request more information about this program, schedule one-on-one office hours with program staff, register for our upcoming AMA (Ask Me Anything) on May 9th, or apply now.