Tech

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

PODCAST: Agbiosciences in 2022

AgriNovus Indiana Chief Executive Officer Mitch Frazier says over the past two years, the entire world focused on the food supply chain as it faced multiple challenges from the COVID-19 pandemic... Read More

DriverReach Secures $7.5M Investment

An Indianapolis-based tech company has closed on a $7.5 million investment round led by Fulcrum Equity Partners, a growth equity fund headquartered in Atlanta. DriverReach, which has developed a recruiting and compliance management platform for the trucking industry, says it plans to use the funding to fuel product development and add up to 60 jobs over the next three years. "It's pouring some serious gasoline on the fire," said DriverReach Chief Executive Officer Jeremy Reymer.... Read More

Purdue Partnership to Improve Microchips

Purdue University has forged a partnership with Semiconductor Research Corp., a nonprofit technology consortium, to focus on research and development of better microelectronics and more robust components for microchips... Read More

Allison Transmission Water Tower Sign

Allison Partners with California VC Firm

Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) has announced a $15 million investment in Autotech Ventures, a venture capital firm in Silicon Valley. Allison says the partnership will provide the company with direct exposure to startups, VC expertise and high-tech companies in the transportation industry.... 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

Inviting Tech Companies to Indiana

While a visitor itself, the state of Indiana rolled out the welcome mat last week at the Consumer Electronics Show (CES) 2022 in Las Vegas, inviting stakeholders in the tech space to examine the Hoosier State. ... 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

ConverSight Opens HQ at 16 Tech

An Indianapolis-based artificial intelligence company has moved its headquarters into the 16 Tech Innovation District, which is located on the near westside of downtown Indy.... Read More

Thor Partners on Electric Drive System Development

Elkhart-based Thor Industries Inc. (NYSE: THO) has inked a Memorandum of Understanding with ZF Friedrichshafen AG, a vehicle technology company based in Germany. Thor says the partners will focus on the continued joint development of a high-voltage electric drive system for towable recreational vehicles.... Read More

Indy Ed Tech Company Lands Flywheel Fund Investment

An Indianapolis-based augmented analytics company focused on higher education has secured a $50,000 investment from Flywheel Fund, a capital fund run by The Mill in Bloomington. Invoke Learning says it will use the funding to fuel sales and marketing efforts.... Read More