Leadership Change at Mursix
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
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
Fifteen Hoosier companies have received over $748,000 in Phase I matching funding from Indianapolis-based Elevate Ventures as part of its Small Business Innovation Research and Small Business Technology Transfer matching program. ... Read More
Ball State University is partnering with Rahal Letterman Lanigan Racing with the goal of benefitting students in the school's esports program. The university says the deal includes scholarships for members of its varsity esports team.... Read More
Washington DC-based digital information technology company MetroStar has announced plans to expands its operations in Indiana. ... Read More
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
Indianapolis-based Woven has closed on an $8 million Series A round of funding. The company, which has developed an interview platform for software companies to hire engineers, says it will use the funding to expand the platform and add an undisclosed number of jobs.... Read More
A Zionsville-based startup is reporting a more than 500% customer increase in 2021. 120Water, which has developed a software platform for lead reduction and drinking water compliance programs, says the growth is due to the looming deadlines for compliance with the new Lead and Copper Rule Revisions from the U.S. Environmental Protection Agency.... Read More
Brooke Beier has been named senior vice president of commercialization at the Purdue Research Foundation.... Read More
A Carmel-based tech company has unveiled a virtual collaboration platform that the developer says will improve productivity between users.... Read More
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
Purdue University Professor Mark Lundstrom says almost every week he is talking with technology companies that are considering building a plant in different states to manufacture microchips and other advanced systems... Read More
An Indianapolis-based platform designed to help communities attract remote workers has secured $2.6 million in funding. Our partners at the Indianapolis Business Journal report MakeMyMove plans to use the funding to add a small number of jobs in an effort to keep up with demand.... Read More
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