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

Fishers Company Taps Rare Minerals Sector

Fisher’s-based American Resources Corp. (Nasdaq: EREC), a company specializing in the extraction and recycling of rare earth elements found in batteries and magnets, has acquired Energy Technologies Inc., located in Tennessee. ... Read More

Oesterle to Be Honored as Trailblazer

Indianapolis entrepreneur and civic leader Bill Oesterle, who has been involved in the development of multiple companies and community efforts, will receive TechPoint’s Trailblazer Award during the upcoming Mira Awards gala.... Read More

Hoosier Startup Using Data to Predict Water Pipe Breaks

An Evansville-based startup is looking to help water utilities prevent pipe breaks. Utiliz has developed a subscription-based app that can predict which pipes are most likely to fail next by aggregating data from a variety of sources, including the water utility itself. The startup last week took the $10,000 top prize at the Spring 2022 Crossroads Pitch Competition at The Mill in Bloomington. ... Read More

Krueger Promoted to 16 Tech CEO

Indianapolis-based 16 Tech Community Corp. has selected Emily Krueger as its next president and chief executive officer. Krueger has served as the nonprofit's chief operating officer since 2018 and will succeed Bob Coy, who is retiring next month.... Read More

Defense Tech Company Expanding to Fort Wayne

A California-based company is expanding to northeast Indiana. Pacific Defense, which develops electromagnetic spectrum operations technology for the U.S. military, says it will open a new office at the Northeast Indiana Innovation Center in Fort Wayne.... Read More

New Accelerator Focusing on Defense Tech

Naval Surface Warfare Center, Crane Division is looking to help its scientists commercialize their technologies. The installation is partnering with The Mill in Bloomington and others to launch the PROPELS Accelerator, which is designed to provide entrepreneurs and small businesses with the opportunity to bring patented government technology to market. ... Read More