Solinftec Secures $60M ‘Bridge’ Funding Round

West Lafayette-based Solinftec has closed on a $60 million growth investment round. The company, which has developed a farm operations management software platform, says it will use the funding to grow the platform as it plans for future expansion. Solinftec's software is designed to use artificial intelligence to analyze real-time data on crops, equipment, weather and other factors to help farmers address key issues in a more efficient and sustainable manner.... Read More

Indy Software Startup Wins New Venture Competition

An Indianapolis-based startup took home the $50,000 grand prize in the McCloskey New Venture Competition at the University of Notre Dame. Chuqlab Inc. has developed CrimeMiner, a software platform that transcribes audio and video files relevant to criminal investigations, such as jail phone calls and body cam footage.... Read More

IPS, Fishers Startup to Partner

Indianapolis Public Schools is teaming up with a Fishers-based education tech company. The district says the partnership with AfterSchool HQ aims to increase access to extracurricular after-school activities for students throughout the city.... Read More

Rocket Fuel Startup Closes $20M Round

West Lafayette-based startup Adranos Inc. has closed on a $20 million Series A funding round to help the company continue its development of solid rocket fuel and motors for long-range missiles and space systems. ... Read More

Market Wagon Hits $10M Sales Milestone

Indianapolis-based Market Wagon is celebrating a milestone in its six-year history. The online farmers marketplace says it has received $10 million in cumulative sales for farmers, chefs and artisans in central Indiana.... Read More

2K League Kicks Off Competition in Indy

The NBA 2K League kicked off in-person competition for its fifth season with The Tipoff tournament at the new NBA 2K League Studio at The Pavilion at Pan Am Plaza in downtown Indianapolis. T-Wolves Gaming from Minnesota took home the trophy at the end of the tournament. ... Read More

Indy IT Company Acquired

Indianapolis-based IT integration company is under new ownership. Cyberian Technologies, which provides custom IT, cloud, consulting and security services, has been acquired by Houston-based IT firm, Meriplex, though financial terms were not disclosed.... Read More

Intelinair to Open New Indy HQ

Indianapolis-based Intelinair will Thursday celebrate the opening of its new headquarters in Indianapolis. The precision agriculture startup uses artificial intelligence and machine learning to help farmers pinpoint potential problems with their crops.... Read More

Skyepack Lands Growth Investment

An education tech company in West Lafayette has received what it calls a significant growth investment led by the Purdue Startup Fund. While the specific amount was not immediately disclosed, Skyepack says it will use the funding to further product development.... Read More

Millions Approved for Broadband Expansion Projects

Governor Eric Holcomb has announced nearly $190 million in funding as part of the third round of the Next Level Connections Broadband Grant Program. The funding will support 154 broadband infrastructure expansion projects throughout the state. ... Read More

PODCAST: Helping Control Fertilizer Costs

Jane Stautz grew up on an Iowa farm where she says her parents were ‘conservationists before it was cool.’ She now serves as sustainability lead for Indianapolis-based Advanced Agrilytics, an agronomic services company. Stautz is the guest on the next episode of the Agbioscience podcast, presented by AgriNovus Indiana.... Read More

Gootee Tapped to Lead TechPoint

Indianapolis-based TechPoint has selected Ting Gootee as its next president and chief executive officer. Gootee currently serves as chief investment officer for Elevate Ventures in Indy and succeeds Mike Langellier, who in January announced plans to step down after nine years leading the organization. TechPoint is the tech sector initiative of the Central Indiana Corporate Partnership. ... Read More

Tech VC Investment Drops in Q1, But Optimism Remains

Venture capital activity in Indiana's tech sector during the first quarter of 2022 was down compared to the previous year, but TechPoint says the numbers illustrate a new growth wave for investment activity in tech. The state's nonprofit tech accelerator says 36 companies raised a total of $52.2 million in the first quarter, compared to $134 million in Q1 of 2021. ... Read More

Techstars Announces Sports Accelerator Cohort

The Techstars Sports Accelerator Powered by Indy has announced its class of 2022 that will take part in a 13-week program. The accelerator includes 13 sports technology-focused startups and will culminate in a demo day where participants will be able to present to potential investors.... Read More

Bridge Builder Award Winner Unveiled

The Indianapolis-based TechPoint Foundation for Youth has named the Informatics Diversity-Enhanced Workforce program the recipient of this year's Bridge Builder Award. The program, housed at the Indiana University School of Informatics and Computing at IUPUI, will receive the award next week during the TechPoint Mira Awards.... Read More