Spring Mill Venture Partners

Spring Mill Venture Partners is a venture capital firm based in Carmel, Indiana, that specialized in early-stage investments within the life sciences and information technology sectors. Founded in 2002, the firm primarily targeted high-growth companies in the Midwest region of the United States, providing both capital and strategic guidance to help startups scale. Its life sciences portfolio included investments in biotechnology, medical devices, and healthcare IT, with notable companies such as BioStorage Technologies and SonarMed. The firm was a key participant in the Indiana startup ecosystem, often co-investing with regional and national partners. Notable exits for the firm include the acquisition of BioStorage Technologies by Brooks Automation and SonarMed by Medtronic. Although the firm is currently considered inactive in terms of new investment activity, it remains recognized for its role in bridging the funding gap for Midwest-based life science ventures.