A Hoosier biopharmaceutical contract development and manufacturing organization will soon be under new ownership. Germany-based Merck KGaA has announced plans to acquire Exelead, headquartered in Indianapolis, in a $780 million deal. Merck ... Read More
The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universität München in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More
2021 was a challenging year, but a strong one for Indiana's technology sector. While final numbers for the year are still being tallied, the state set a new record for venture capital investment during the third quarter and... Read More
The U.S. Food and Drug Administration has granted an Emergency Use Authorization for a COVID-19 At-Home Test developed by Roche Diagnostics. The company says the test will be available across the country beginning in January.... Read More
Elkhart-based Thor Industries Inc. (NYSE: THO) has inked a Memorandum of Understanding with ZF Friedrichshafen AG, a vehicle technology company based in Germany. Thor says the partners will focus on the continued joint development of a high-voltage electric drive system for towable recreational vehicles.... Read More
An Australian pharmaceutical company with a major presence in central Indiana has hit a major milestone. Telix Pharmaceuticals Inc., which has its U.S. headquarters in Fishers, has received approval from the U.S. Food and Drug Administration for its lead prostate cancer imaging product.... Read More
An Indianapolis-based augmented analytics company focused on higher education has secured a $50,000 investment from Flywheel Fund, a capital fund run by The Mill in Bloomington. Invoke Learning says it will use the funding to fuel sales and marketing efforts.... Read More
Indianapolis-based marketing software company DemandJump says it has acquired Metonymy Media, a marketing agency in Indy. ... Read More
Muncie-based Finvi has made made an addition to its portfolio it says will enhance its consumer engagement offerings. The company, formerly known as Ontario Systems, has acquired Massachusetts-based Fonative, which had developed a Communications Platform-as-a-Service designed to help businesses connect with customers.... Read More
Vincennes University will Thursday hold a ribbon cutting ceremony to launch its first of three collaborative robotics training labs in the state. ... Read More
A California-based tech company with a growing presence in Indianapolis has closed on a $48 million Series C round of funding. Celigo, which bills itself as an Integration Platform-as-a-Service provider, says it will use the funding to accelerate global expansion and increase its go-to-market capacity.... Read More
A new supercomputer at Purdue University will soon be fully operational. The university says Anvil is currently being tested by more than 30 research teams and will enable new discoveries in fields such as hypersonics and bone biomechanics.... Read More
New York-based tech company Wunderkind Corp. says it plans to quadruple its office footprint and significantly expand its workforce in Indianapolis. ... Read More
The U.S. Food and Drug Administration has expanded the Emergency Use Authorization for a combination therapy developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) to treat patients with COVID-19. Lilly says bamlanivimab and etesevimab can now be used to treat certain high-risk pediatric patients from birth to 12 years old.... Read More
Development Fund. Cobomba, which has developed an artificial intelligence software platform to help marketing professionals, says it will use the funding to... Read More
Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More
Franklin-based Harena Data is partnering with Phenomena VR in Canada to launch a series of competitive virtual reality esports leagues. Harena Data, which bills itself as an esports community aggregator, says it will "leaguify" and manage tournaments and competitions set in Phenomena's VR esport Arena.... Read More
A tech startup described as "LinkedIn for the performing arts" has closed on a more than $1.5 million Series A round of funding. Bloomington-based Stagetime says it will use the funding to refine its platform and grow its user base.... Read More
Indianapolis-based tech company Encamp recently raised $12 million in a Series B round, which company founder and chief executive officer Luke Jacobs says will allow it to further grow its staff.... Read More
The life sciences sector in Hamilton County continues to grow. Fishers-based cell and gene therapy contract development and manufacturing organization Genezen has announced plans to invest $40 million to expand its Fishers facility and create up to 62 jobs by the end of 2023. ... Read More
