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
The growing technology ecosystem in Indianapolis has garnered the attention of AOL cofounder Steve Case and his venture firm Revolution... Read More
Following the national growth in remote work, Purdue University and the Purdue Research Foundation are trying to attract remote workers to West Lafayette and its expanding tech hub... Read More
West Lafayette-based ag technology company Solinftec will be launching a new robot this growing season to scan and monitor fields. ... Read More
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
A new tech platform is giving artisan food entrepreneurs the opportunity to manage their business in one place – from website creation all the way to order fulfillment... Read More
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
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
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
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
Fishers-based startup AfterSchool HQ has raised a seed round totaling $1.24 million... Read More
Purdue University is one of two universities recently selected by the Air Force Research Laboratory to serve as lead academic partner and headquarters in a pilot program for academic research partnerships.... Read More
Yorktown-based Mursix Corp. has named Jeff Frost president. Frost formerly served as director of operations and will report to Chief Executive Officer Todd Murray.... Read More
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
Carmel-based KAR Global (NYSE: KAR) is reporting full-year net income of $66.5 million in 2021, up from $500,000 the previous year. The company says the results were driven in part by strong growth in its digital dealer-to-dealer businesses.... Read More
Indianapolis-based Allos Ventures has announced the first closing of its latest fund, Allos IV. The venture capital firm says the fund will continue its focus on investments in early-stage B2B software companies. Managing Director Don Aquilano says being able to launch a fourth fund is "validation that there's a true need and a value for equity capital in the Midwest and certainly here in Indiana."... Read More
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
Two farming operations with plans to build and expand hydroponic greenhouses in South Bend will receive tax breaks from the city. ... Read More
Purdue University says it plans to expand its hub of hypersonics research with the addition of a center that will specialize in materials resistant to high temperatures. ... Read More
Greenfield-based Elanco Animal Health has launched a new ag-tech startup in partnership with High Alpha Innovation in Indianapolis. Elanco says Athian aims to help cattle farmers and ranchers capture and claim carbon credits.... Read More