(INDIANAPOLIS) - Indiana Governor Mike Braun has announced a $10 million state investment in Roll Tack Ventures, an Indiana-based venture capital firm focused on growing technology companies with established customers in industrial and mid-market sectors.
The money will come through Indiana's 21st Century Research and Technology Fund and is intended to help expand investment in business-to-business technology companies working in manufacturing, logistics, energy, healthcare, insurance and critical infrastructure.
State leaders say the public investment will help support Roll Tack 26, a $50 million venture fund, alongside private capital partners.
Braun says the goal is to help scale high-growth, high-wage technology companies while connecting new innovation with Hoosier businesses across multiple industries.
Roll Tack says its focus is on companies that are already showing strong customer traction, especially those solving operational problems with broader national and global relevance.
State officials say the move is part of Indiana's broader strategy to strengthen its technology and industrial innovation ecosystem.