Key Takeaways
- • Governor Mike Braun commits $10 million from Indiana's 21st Century Research & Technology Fund to Roll Tack Ventures, supporting the firm's $50 million Roll Tack 26 fund focused on high-growth B2B technology companies across the Midwest.
- • Investment targets industrial innovation sectors including advanced manufacturing, logistics and supply chain, energy, healthcare, insurance, and critical infrastructure—aligning public capital with private market discipline to accelerate technology commercialization.
- • Roll Tack Ventures deployment represents Indiana's strategy to strengthen its innovation ecosystem by connecting emerging technology companies with established Hoosier businesses across key economic sectors.
- • Separate $60+ million Indiana-Israel tech partnership announced by Governor Braun on April 13, 2026, with Indiana committing $15 million and Iron Nation contributing $30 million to bring Israeli tech startups to the state, leveraging the third-largest tech sector globally after New York and San Francisco.
Summary
Governor Mike Braun announced a $10 million state investment in Roll Tack Ventures on April 16, 2026, positioning Indiana as a hub for industrial innovation and B2B technology scaling. The capital will flow through Indiana's 21st Century Research & Technology Fund to support Roll Tack 26, a $50 million venture fund focused on high-growth technology companies demonstrating proven customer traction across the Midwest. This public-private capital alignment strategy allows the state to leverage private market discipline while maintaining oversight of measurable outcomes, according to Indiana Secretary of Commerce David J. Adams.
The investment targets companies addressing operational challenges in six critical sectors: advanced manufacturing, logistics and supply chain, energy, healthcare, insurance, and critical infrastructure. By channeling capital through established venture platforms like Roll Tack Ventures, Indiana seeks to accelerate the commercialization and adoption of emerging technologies that enhance productivity and competitiveness across its business ecosystem. Governor Braun framed the commitment as strengthening connections between new technology innovators and existing Hoosier businesses, creating synergies that benefit both startup growth and established industry competitiveness.
Separately, on April 13, 2026, Governor Braun announced a complementary $60+ million Indiana-Israel technology partnership, with the state committing $15 million and the Iron Nation investment platform contributing $30 million to attract Israeli tech startups to Indiana. Iron Nation, which launched following the October 7th attacks in Israel, focuses on investment in emerging Israeli businesses. Former Indiana Congressman Luke Messer, a U.S. partner for the initiative, emphasized the strategic value of accessing Israel's third-ranked global tech sector, after only New York and San Francisco. The partnership aims to integrate Israeli startups with Indiana universities, healthcare systems, and corporate partners, with Messer indicating that additional capital from private funders will be pursued over summer to reach the full $60 million target.
The investment targets companies addressing operational challenges in six critical sectors: advanced manufacturing, logistics and supply chain, energy, healthcare, insurance, and critical infrastructure. By channeling capital through established venture platforms like Roll Tack Ventures, Indiana seeks to accelerate the commercialization and adoption of emerging technologies that enhance productivity and competitiveness across its business ecosystem. Governor Braun framed the commitment as strengthening connections between new technology innovators and existing Hoosier businesses, creating synergies that benefit both startup growth and established industry competitiveness.
Separately, on April 13, 2026, Governor Braun announced a complementary $60+ million Indiana-Israel technology partnership, with the state committing $15 million and the Iron Nation investment platform contributing $30 million to attract Israeli tech startups to Indiana. Iron Nation, which launched following the October 7th attacks in Israel, focuses on investment in emerging Israeli businesses. Former Indiana Congressman Luke Messer, a U.S. partner for the initiative, emphasized the strategic value of accessing Israel's third-ranked global tech sector, after only New York and San Francisco. The partnership aims to integrate Israeli startups with Indiana universities, healthcare systems, and corporate partners, with Messer indicating that additional capital from private funders will be pursued over summer to reach the full $60 million target.
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