INDIANAPOLIS, Oct. 10, 2018 /PRNewswire/ -- BioCrossroads today announced the formation of its $9 million Indiana Seed Fund III at its Indiana Life Sciences Summit.
The Indiana Seed Fund III is an early-stage fund focused on identifying, creating and developing the next generation of leading Indiana-based life sciences, health IT, and agbiosciences companies and follow-on fund to the $8.25 million Indiana Seed Fund II.
BioCrossroads has raised nearly $25 million in seed funding since 2005, resulting in investments in 24 start-up companies. Those companies have gone on to raise more than $400 million, including companies like:
