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
Indianapolis-based software firm Zylo has reduced its workforce, though few details are being made available. The company, which has developed a platform to help customers manage their other software subscriptions, said the layoff affected 10% of its staff.... Read More
Stitch, a marketing tech consulting firm, can earn up to $3.3 million in state economic incentives if it hires at least 100 Hoosiers by the end of 2027.... Read More
The funding round included participation from Indianapolis-based investors Elevate Ventures and VisionTech Partners.... Read More
When the Bloomington-based Dimension Mill launched its first investment fund three years ago, it did so in hopes of spurring investment into local startups. That effort, called the Flywheel Fund, this week closed its fourth fund, which totals $1.08 million.... Read More
Indianapolis-based Ren, which offers technology and services for the philanthropy sector, has secured a significant outside investment from a fund associated with Boston-based Bain Capital. The parties declined to disclose the exact size of the investment.... Read More
Indiana tech firms attracted more than $47 million from venture investors in 36 separate deals last quarter, according to a new report by Indianapolis-based TechPoint. The second-quarter VC report reveals the ongoing funding slowdown in the tech sector.... Read More
Cummins Inc. CEO Jennifer Rumsey will take over as the company’s board chair when Tom Linebarger retires at the end of the month, Cummins announced Wednesday. Rumsey will step into the position on Aug. 1, while still retaining her position as CEO.... Read More
Maybe you’ve heard of The Knot, the online marketplace where users can connect with vendors and plan their weddings. Indianapolis-based startup Bereave wants to do something similar—but for funerals. And it’s on its way towards that goal. ... Read More
