1842 Studio has launched Suvi Health, an ambient AI care coordination platform designed to improve hospital patient experiences. Kelly Benning joins as CEO and co-founder. The platform uses AI to capture medical conversations and translate them into clear information for patients and families during hospital stays. It aims to reduce administrative burden on care teams whilst supporting recovery and discharge processes. Suvi Health was created by the 1842 Fund by Alloy Partners, working with Mayo Clinic and the University of Notre Dame. Mayo Clinic serves as the first pilot site for the technology. The company focuses on improving care delivery at critical transition points, addressing challenges from staffing shortages and patient demand. The AI works in the background to support clinical teams without replacing healthcare professionals' expertise.

Alloy Partners launches OneHealth Studio to create startups at the convergence of animal, plant and human health. Alloy Partners and Elanco (NYSE: ELAN) launched OneHealth Studio on November 13, 2025, a venture studio in the OneHealth Innovation District at Elanco's new global headquarters in Indianapolis. The studio will convene research institutions, investors, corporate partners and entrepreneurs to create and scale startups at the convergence of animal, plant and human health. The State of Indiana will provide support with matching federal SSBCI funds. Alloy will operate the studio using its venture-studio model and plans to launch and fund startups over the next few years while adding corporate and institutional partners. Joint venture studio with Elanco and state SSBCI support creates a concrete pathway to launch OneHealth startups in Indiana. The studio links Alloy Partners, Elanco and public funding into a dedicated vehicle to form and fund companies at the intersection of animal, plant and human health. Alloy will operate the studio using its existing venture model and Elanco will help shape early direction, while the State of Indiana provides matching federal SSBCI funds. Primary dependencies and risks include partner recruitment, deal flow quality, and execution of company formation and funding processes; outcomes depend strictly on those elements. Watch for additions to the advisory board, announced portfolio company launches, and confirmed allocation timing of the SSBCI matching funds over the next few years. Alloy Partners, Elanco and other corporate partners join forces to develop new venture studio INDIANAPOLIS, Nov. 13, 2025 /PRNewswire/ - Alloy Partners today announced the launch of OneHealth Studio, a first-of-its-kind venture studio designed specifically to create and scale new companies at the convergence of animal, plant and human health in partnership with Elanco Animal Health (NYSE: ELAN). Located in the OneHealth Innovation District at Elanco's new global headquarters in Indianapolis, the studio will unite research institutions, investors, corporate partners and entrepreneurs to accelerate the next generation of innovation and launch new startups based in Indiana. Elanco, the studio's founding corporate partner, is collaborating with Alloy to help shape the studio's early direction and support the launch of future portfolio companies. The State of Indiana will also support the studio with funding from matching federal SSBCI funds. "The new OneHealth Studio will serve as an incubator for innovative ideas and a community of partners who are dedicated to solving some of the world's most interconnected health challenges," said Elliott Parker, CEO of Alloy Partners. "Our goal is to make Indiana a premier destination for building startups shaping the convergence of human health, animal health and agriculture." Through the studio, Alloy will connect corporate and institutional partners who share the vision of strengthening the One Health ecosystem. Partner organizations will join the studio's advisory board to shape its investment focus and company creation strategy while building their own brands as leaders in their respective sectors. "Through combining expertise across sectors and having the studio within the OneHealth Innovation District, we're able to create an environment where we can rapidly scale ideas to support impactful solutions for people, animals and the planet," said Jeff Simmons, President and CEO of Elanco. "It represents an exceptional new model for innovation at a time when the relevance of pets and protein has never been greater." Over the next few years, the OneHealth Studio is slated to launch and fund startups targeting shared challenges across human wellness, animal health and food systems. Alloy Partners will operate the venture studios using its proven model, with experience in launching over 30 ventures in partnership with Fortune 500 companies and research institutions. Alloy Partners expects to welcome additional corporate and institutional partners to the studio in the coming months. Learn more at onehealth.studio. About Alloy Partners Alloy Partners is a venture builder that co-creates advantaged startups and venture studios with corporations. Alloy Partners works with partners through their journey from defining a venture strategy to systematically conceiving, launching, investing in and scaling a portfolio of venture-backed startups. Founded in 2020 and headquartered in Indianapolis, the Alloy Partners portfolio includes over 40 companies and seven venture studios started in partnership with leading organizations, including Elanco, Huntington Bank, Eli Lilly, Capital One, Catalyst by Wellstar, Warner Bros. Discovery, University of Notre Dame and more. For more information, visit www.AlloyPartners.com. Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With 70 years of animal health heritage, we are committed to breaking boundaries and going beyond to help our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose - all to Go Beyond for Animals, Customers, Society and Our People. Learn more at www.elanco.com. Media Contact: Zoe Hamilton PANBlast for Alloy Partners [email protected] SOURCE Alloy Partners What is OneHealth Studio launched with Elanco (ELAN) on November 13, 2025? OneHealth Studio is a venture studio in Indianapolis to create and scale startups focused on animal, plant and human health. How is Elanco (ELAN) involved with OneHealth Studio? Elanco is the founding corporate partner, collaborating with Alloy Partners to shape early direction and support future portfolio companies. Will OneHealth Studio receive public funding and when was that announced? Yes, the State of Indiana will support the studio with funding from matching federal SSBCI funds; this was announced November 13, 2025. Where is OneHealth Studio located and what is the address context for investors? The studio is in the OneHealth Innovation District at Elanco's new global headquarters in Indianapolis. What will Alloy Partners do at OneHealth Studio and what is its track record? Alloy will operate the venture studio using its model and says it has launched over 30 ventures with corporate and research partners. How will OneHealth Studio affect Elanco (ELAN) shareholders in the near term? The announcement outlines strategic collaboration and startup creation; no financial guidance, transactions, or quantified shareholder impacts were disclosed.