FUELING THE FUTURE: New fund in Indiana | ProQuest to be acquired | IU Angel Network
June 3, 2021
SOUTH BEND, IN—The Judd Leighton Foundation announced a new fund aimed at investing capital into high-growth, high-potential early-stage startups located in north central Indiana. The Leighton Elevate Angel Development (LEAD) Fund is launched in partnership with venture development organization Elevate Ventures.
ANN ARBOR—Software and information company ProQuest LLC is set to be acquired by British technology firm Clarivate PLC in a $5.3 billion deal expected to close in the third quarter of this year.
BLOOMINGTON, IN—Members of the IU Angel Network have invested $90,000 in Sentinel Occupational Safety, a company preserving the lives of professionals in high-risk sectors, such as health care, fire departments, law enforcement and manufacturing.