Indianapolis-based Overfuel, which launched last year with a platform for auto dealers, says it expects to become profitable next month in part thanks to its recent acquisition of a competitor. Overfuel has acquired Washington state-based 321 Ignition.... Read More
The expansion will add another 51,000 square feet of building space to the southwest corner of MTM’s existing 620,000-square-foot facility at 1458 E. 19th St. on the city’s northeast side. Groundbreaking for the project was in January. MTM says it expects to have construction complete by April 2024, followed by equipment and clean room installations that will continue until 2025.... Read More
After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months. So does this mean the tech slowdown is over, both in Indiana and more broadly? That’s not so easy to say.... Read More
A trio of California-based startups, plus one each from Kentucky and Massachusetts, were declared winners Thursday afternoon in Elevate Ventures’ inaugural IN-Prize pitch contest, opening the door for them to receive up to $1 million each in funding.... Read More
Technology and the spirit of innovation have the potential to transform Indiana’s economy—but the state needs to invest in its people and places to unlock that full potential, panelists said Tuesday at an Indiana Technology and Innovation Association event.... Read More
Indianapolis-based software firm ConverSight.ai, which uses artificial intelligence and data analytics to help clients make business decisions, has raised $9 million in new venture funding, the company announced Monday.... Read More
Seventeen Indiana companies are helping NASA return astronauts to the moon—and to achieve some even grander goals after that. It’s a huge endeavor, and one that Indiana companies from all over the state are helping to make a reality.... Read More
The buzz around artificial intelligence is at a fever pitch right now—and that looks like a business opportunity to Indianapolis-based startup Stellar. Stellar is a service company that helps customers integrate generative AI and other technologies.... Read More
Indianapolis-based Kenzie Academy, founded in 2017 to offer non-degree programs in coding, cybersecurity and other technology skills, is headed for closure. A spokesperson said 104 Kenzie employees have lost their jobs because of the pending shutdown.... Read More
True Essence Foods has secured 15 patents for its technologies, with another 70 patent applications in process.... Read More
