Magment is part of Heritage Group Accelerator powered by Techstars - Magment

Magment is part of Heritage Group Accelerator powered by Techstars

Date: September 13th, 2019

It’s official: we are happy and proud to announce that Magment has been chosen for the inaugural class of the Heritage Group Accelerator Powered by Techstars.  

The Heritage Group Announces First Class of Startups for Accelerator Focused on Advanced Materials, Infrastructure and Environment

10 startups set to reinvent legacy industries — including construction, infrastructure, materials and environmental services — over the next 13 weeks through Indianapolis-based accelerator.

Heritage Group Accelerator

Today, The Heritage Group (THG) and Techstars launched The Heritage Group Accelerator Powered by Techstars, a mentorship-driven accelerator which will scale 10 startups that aim to reinvent industries that serve our most basic needs. The accelerator is taking place at The Center, THG’s purpose-built incubation, problem solving and collaboration facility in Indianapolis that is also home to HG Ventures, THG’s venture capital arm, and Heritage Research Group, THG’s central research and development laboratory.

The 10 companies represent a diverse array of technologies, spanning advanced materials, construction, infrastructure, sensors, and environmental services. Across the class, the companies share a mission of tackling some of society’s biggest challenges by innovating in traditional industries. Hailing from Indiana, four other US states, Canada, Estonia and Germany, the founders will meet in Indianapolis for the next 13 weeks. Participants include:

The Accelerator at The Center:

● Alkemy Environmental – Recycles waste materials into structural-grade concrete aggregate

● AquaRealTime – Operates robust IoT systems to monitor water quality

● Ateois – Manufactures truly flexible and ultra-thin printed batteries

● E.O.I Technologies – Produces an innovative laser-based vibration sensor

● Gelatex – Manufactures a non-toxic leather-like textile from organic substances

● Magment – Builds magnetic concrete for dynamic wireless charging of electric vehicles

● Mito Materials – Manufactures nano-additives for improving composite materials

● Recycled Granite – Recycles granite waste materials into new products

● Wildnote – Produces a digital platform for environmental compliance and management

● Zilper Trenchless – Manufactures equipment to quickly and cheaply replace underground pipes

Each of the startups was selected on the quality of their teams, the strength of what they have built to date, and their fit for leveraging THG’s experience and operations,” says Jonathan Schalliol, Director, New Ventures Group at THG. “Experts from our core businesses and research group are looking forward to working with the startups on a diverse set of topics, such as recycling, infrastructure construction, new chemical formulations, and environmental management.

The Heritage Group Accelerator Powered by Techstars will run through December 4th, when the program will culminate in a Demo Day event. During Demo Day, the companies will present to an audience of venture capitalists, corporate leaders, industry experts and the Indianapolis entrepreneurial ecosystem to raise additional capital and make meaningful business connections. To learn more about The Heritage Group Accelerator Powered by Techstars, or connect with the startups, please visit techstars.com/heritage-group-program.