BioCrossroads will be able to remain in the business of seeding life-science startups, thanks to $8.25 million in payments.
The new dose of money should provide hard-to-get seed capital for about 16 promising biotech and other life-science companies across the state over the next four years, according to BioCrossroads, which promotes the 50,000-employee life-science industry in Indiana.
BioCrossroads' first seed fund, established in 2005 with $6 million, ran out of money this year after investing in 12 companies.
To read the full, original article click on this link: $8.25M seed fund lets BioCrossroads help startups | Indianapolis Star | indystar.com
