STEM

Indy Tech Startup Secures Seed Funding

Indianapolis-based Qualifi has closed on a $2.5 million seed round of funding. The startup, which has developed an on-demand screening platform for recruiting teams, says it will use the funding to further product development and expand go-to-market efforts.... Read More

Mira Award Nominees Named; In-Person Gala to Return

Indianapolis-based TechPoint has unveiled the list of nominees for the 23rd annual Mira Awards, honoring the "Best of Tech in Indiana." This year's nominees include 76 companies that employ more than 52,000 Hoosiers, as well as more than a dozen entrepreneurs from the state's tech sector. ... Read More

The Bee Corp Lands Additional Funding

Indianapolis-based The Bee Corp has received its second investment from IU Ventures. The company, which has developed technology to determine the health of beehives, says it will use the $125,000 from the IU Angel Network to enhance its technology and bring it to new markets.... Read More

Central Indiana Teens Launch Recruitment Software Company

An Indianapolis-based startup founded by three high school seniors has created a software platform to help job seekers find the ideal employer. Fia Recruit recently received $20,000 in funding through the Elevate Nexus pitch competition for the central region, as well as a $1.5 million valuation.... Read More

Lumavate Completes $6M Funding Round, Adding Jobs

A Carmel-based tech startup has closed on a $6 million funding round. Lumavate is a Software-as-a-Service company that has developed a platform for businesses to design, build and launch mobile apps without the need for coding or development resources. ... Read More

Indy Tech Startup Secures Additional Seed Funding

Indianapolis-based ConverSight.ai says it has closed on a $4 million Series Seed round of funding. The startup, which has developed an artificial intelligence and adaptive analytics platform, says it will use the funding to further enhance its platform and expand its sales and marketing teams.... Read More

The Juice Platform

The Juice Secures Seed Funding, Touts First Year Growth

An Indianapolis-based tech startup that launched last year out of the High Alpha venture studio has closed on a $1.5 million seed round of funding. The Juice, which has developed a business-to-business content discovery platform, says it has seen nearly 850% revenue growth in its first year of operation.... Read More

Indy Culinary Tech Company Secures Seed Funding

A recently-established tech company has closed on a $6 million seed round of funding. Castiron, which launched out of Indianapolis-based venture studio High Alpha in October, has developed an e-commerce platform for independent culinary artists.... Read More

Langellier to Step Down as TechPoint CEO

The president and chief executive officer of Indianapolis-based TechPoint has announced plans to step down. Mike Langellier has led the nonprofit technology initiative of the Central Indiana Corporate Partnership for the last nine years and helped bring the tech community in Indianapolis to the forefront. ... Read More

Hoosier Tech Shatters Investment Record

The tech sector in Indiana continued a record-breaking trend at the end of 2021. TechPoint, the state's nonprofit tech accelerator, says the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.... Read More

Noble County to Open Industry 4.0 Lab

The Noble County Economic Development Corp. has joined with several partners to launch what it is calling a state-of-the-art learning lab to support the fourth industrial revolution. The EDC says the Industry 4.0 Lab will help students and adults learn the necessary skills to adapt to new technologies being used in the manufacturing sector.... Read More

Lilly Partnering with Canadian Pharma Company

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has inked a research and collaboration agreement with Entos Pharmaceuticals in Canada. Lilly says the deal will support the development of therapies for multiple neurologic conditions.... Read More

Merck to Acquire Indy Company in $780M Deal

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

Indy Autonomous Challenge Winner

Autonomous Challenge Winner Launches Spinoff Company

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