DRONEDEK Inks Deal for Smart Mailbox Production

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 Company Partners on VR Esports Leagues

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

Genezen Continues Life Sciences Growth in Fishers

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

CEO: Funding Round ‘Validation’ for Shaker

The co-founder and chief executive officer of Indianapolis-based Shaker says the startup’s recently-secured $2 million seed round is validation of its efforts since launching out of the High Alpha venture studio a year ago. Shaker has developed a transaction management platform for real estate teams and says the funding will support sales and marketing growth. […]... Read More

South Bend Startup Lands $1M in Pre-Seed Funding

A South Bend-based startup focused on reducing food waste has closed on a $1.1 million pre-seed round of funding. FloWaste Inc., which uses machine learning to determine how much food gets thrown away, says it plans to use the funding to scale up and improve its technology. Founder and Chief Executive Officer Rian Mc Donnell […]... Read More

Autonomous Racecars to Compete at CES

Indianapolis-based Energy Systems Network will host another autonomous racecar competition, this one at CES 2022 in Las Vegas. ESN, which organized the recent Indy Autonomous Challenge, says five univ... Read More

ROI Awarded STEM-Related Grant

The Indiana Commission for Higher Education has awarded Bloomington-based Regional Opportunity Initiatives an $85,000 grant from its STEM Teacher Recruitment Fund. Vice President Michi McClaine says ROI will use the funding to enhance its STEM Fellows program to include middle school teachers. ROI plans to extend the program to focus on middle school STEM in the fall of […]... Read More

BioCrossroads Touts Seed Fund Success

A new report from BioCrossroads shows the investments from three seed funds launched over the last 15 years have proven fruitful. The Indiana Seed Funds from the state's life sciences initiative have... Read More

Hammond Biotech Firm Partners with Australian University

A Hammond-based biotechnology company is teaming up with the University of Western Australia to develop drugs to help fight neurodegenerative diseases and spinal cord injury pain. Neuro Vigor focuses its research on neutralizing reactive aldehydes, which are key to the progression of diseases such as multiple sclerosis, Parkinson’s disease and Alzheimer’s disease. Co-founder and Chief Executive Officer […]... Read More