Venture capital activity in Indiana's tech sector during the first quarter of 2022 was down compared to the previous year, but TechPoint says the numbers illustrate a new growth wave for investment activity in tech. The state's nonprofit tech accelerator says 36 companies raised a total of $52.2 million in the first quarter, compared to $134 million in Q1 of 2021. ... Read More
A medical tech group has announced plans to expand its Midwest operations. Innovation One LLC, which is comprised of Certus Medical and Radiological Care Services, says it will invest nearly $13 million to establish its new headquarters in the Innovation Mile business district in Noblesville and create more than 80 full-time jobs.... Read More
The president and chief executive officer of Ohio-based Cleveland-Cliffs Inc. (NYSE: CLF) says the Indiana Harbor Works steel mill in East Chicago remains a key operation for the company. Lourenco Goncalves visited the facility Monday, nearly two months after the company announced it was indefinitely idling one of its two remaining blast furnaces.... Read More
The Techstars Sports Accelerator Powered by Indy has announced its class of 2022 that will take part in a 13-week program. The accelerator includes 13 sports technology-focused startups and will culminate in a demo day where participants will be able to present to potential investors.... Read More
The founder and chief executive officer of Launch Fishers and the Indiana IoT Lab has announced plans to step down from his leadership roles this summer. John Wechsler says he will remain a board member for Launch Fishers as he pursues other entrepreneurial interests.... Read More
A more than 40-year-old diner in downtown Valparaiso is now set to close permanently instead of its previous plan for relocation. The owners of Round the Clock tell our partners at The Times of Northwest Indiana the effort to move to a new site fell through and the diner's last day will be May 1.... Read More
The Indianapolis-based TechPoint Foundation for Youth has named the Informatics Diversity-Enhanced Workforce program the recipient of this year's Bridge Builder Award. The program, housed at the Indiana University School of Informatics and Computing at IUPUI, will receive the award next week during the TechPoint Mira Awards.... Read More
The town of Pendleton is looking to build a $25 million aquatics center. Our partners at The Herald Bulletin report the town is seeking proposals for the design, financing and construction of the facility, which will be used by two school systems as well as residents.... Read More
Indiana University Health is detailing plans for a major expansion in Fishers. The health system says it is investing $287 million to grow the IU Health Saxony Hospital campus, which will be renamed IU Health Fishers, by nearly 50% and double the hospital's workforce.... Read More
Nine Indiana-based companies are included in Newsweek's annual ranking of "America's Most Trustworthy Companies." The publication says 400 companies are ranked across nearly two dozen industries based on a survey of 50,000 U.S. residents.... Read More
