Funded Startups in Indiana
Disclosed funding in this Indiana list is highly top-heavy: the largest disclosed round is Surf Internet’s $407M (2026-03-04), which dwarfs the next-larges…
Disclosed funding in this Indiana list is highly top-heavy: the largest disclosed round is Surf Internet’s $407M (2026-03-04), which dwarfs the next-largest disclosed amounts like Kite Realty Group Trust’s $300M (2026-06-30) and Assembly Biosciences’ $115M (2026-05-22). Below the $20M tier, the majority of disclosed rounds sit well under the top cluster, including entries such as Wavelogix’s $430K (2026-08-11) and Greater Lafayette Career Academy’s $10K (2026-06-12), the smallest disclosed amount on the page.
The rounds also cluster temporally and geographically. Most activity falls in 2026 (36 of 50 rows), and the newest disclosed entry is Wavelogix ($430K on 2026-08-11) while the oldest shown is Tenon ($4M on 2025-12-23). City concentration is pronounced around Indianapolis, which appears 21 times across multiple sectors including biotech (Assembly Biosciences is in Carmel, but Indianapolis includes SpectronRx and others) and AI (e.g., Liminal $12M on 2025-11-10; Lemhi is undisclosed on 2026-06-02), while other hubs like Carmel (4 appearances) and Fishers (3 appearances) show smaller, more contained groups.
Most recent rounds
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Frequently asked
Which disclosed round is the largest, and what’s the immediate next step down in disclosed amounts?
Surf Internet’s $407M (2026-03-04) is the largest disclosed amount on the page, with Kite Realty Group Trust’s $300M (2026-06-30) as the next-largest disclosed round. Both sit far above other top disclosed deals such as Assembly Biosciences’ $115M (2026-05-22) and SpectronRx’ $85M (2026-04-02).
Are the biggest deals concentrated in a narrow time window, or spread out across the year range shown?
Several of the largest disclosed rounds occur in spring 2026: Surf Internet ($407M on 2026-03-04), Assembly Biosciences ($115M on 2026-05-22), and SpectronRx ($85M on 2026-04-02) all fall within roughly two and a half months. At the same time, the list extends back to 2025-07-15 (oldest shown) and forward to 2026-08-11 (Wavelogix).
Does Indianapolis show a stronger concentration than other cities in this Indiana list?
Yes. Indianapolis appears 21 times, including Kite Realty Group Trust ($300M on 2026-06-30), Arrive AI ($15M on 2026-06-11), and SpectronRx ($85M on 2026-04-02). By contrast, Carmel appears 4 times (e.g., Assembly Biosciences $115M on 2026-05-22 and Acumen Pharmaceuticals $36M on 2026-03-16), and Fishers appears 3 times (e.g., BiomEdit $18M on 2025-07-15).
What stage labels dominate among disclosed rounds, and where do notable outliers sit by stage?
The page is dominated by “Series Unknown” with 32 of 50 rows, followed by Pre-Seed (5), Seed (5), and Series A (3). By contrast, the largest disclosed deal is “Series Unknown” (Surf Internet $407M on 2026-03-04), while smaller-but-meaningful disclosed rounds span stages such as EarSmartAI Pre-Seed ($250K on 2026-05-20) and Atieos Series A ($7M on 2026-03-23).
Which sectors have the most representation, and are the highest disclosed amounts tied to one sector?
The most represented sectors are Artificial Intelligence (AI) with 9 rows, Biotechnology with 7, and Health Care with 6; Agriculture and Farming has 5. The top disclosed amounts aren’t limited to a single sector: the largest is Surf Internet in “Hardware” at $407M (2026-03-04), followed by Kite Realty Group Trust in Real Estate at $300M (2026-06-30), and Assembly Biosciences in Biotechnology at $115M (2026-05-22).
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