The Heritage Group
6320 Intech Way, Indianapolis, IN, 46278, United States
Overview
Since 1930, The Heritage Group has managed a diverse set of companies involved in highway construction and materials, environmental services, energy sales and marketing, and chemical refining. This vast experience allows for the diversity of a large conglomerate while maintaining the personal service of a smaller, customer focused, organization. The Heritage Group is a growth-oriented company, both domestically and internationally, with operations in North America, Europe, and Asia and a client network that spans the globe. A long-term financial approach, combined with a conservative investment philosophy and a commitment to sustainability, has placed The Heritage Group on a solid foundation to pursue growth opportunities as they occur. • Mission: The Heritage Group turns big challenges into even bigger opportunities. • Who we are: We’re a family of relationship-builders, problem-solvers and opportunity-seekers who aim to make a difference in the world • What we do: We have the unique ability to combine diverse assets and capabilities in inventive ways to solve tough problems • How we serve: We’re always asking “What can we do better and different?” and “What aren’t we doing that we should be doing?”
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Construction
- Energy
- Infrastructure
- Recycling
- Venture Capital
Investment portfolio
- Material Evolution
Participated · Seed · Nov 2021
Material Evolution has created a low-energy cement made using an alkali-fusion process that produces material at ambient temperatures from industrial wastes and feedstocks, avoiding kiln heat. The company says its product has an 85% lower carbon footprint than conventional Portland cement. Its material is already being used in industry through a strategic partnership with materials company SigmaRoc. Material Evolution is incorporated in the U.S. but operates substantively out of the U.K., where its founders and a team of 20 are based and all product development takes place. The startup was founded in 2017 and is focused on scaling production of its low-carbon cement to address cement’s large share of global CO2 emissions. Founded in 2017 by Elizabeth Gilligan, Ph.D., Material Evolution uses patented geopolymer technology and proprietary algorithms to produce high‑consistency construction materials. The company is developing a geopolymer product made of roughly 95% industrial waste that it says is stronger and more durable than conventional alternatives. Material Evolution claims its material reduces the carbon consumption of concrete by 85% compared with Ordinary Portland Cement. It employs AI and machine learning to guarantee 100% batch-to-batch consistency. The recent funding will be used to build a world‑leading material science team, expand future projects, and scale batch production. Prior to this raise the startup had operated on a $120,000 pre‑seed investment.