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

Eleven Fifty Lands Grant to Fund Satellite Campuses

Indiana University Health is awarding $4.3 million to organizations throughout the state in an effort to boost housing and training needs among Hoosiers. One of those awards is a three-year, $1 million grant to Indianapolis-based Eleven Fifty Academy to open satellite campuses in 10 counties, including a location at the Fusion 54 coworking space in Crawfordsville.... Read More

RCA Commercial Acquired by Holdings Firm

Indianapolis-based RCA Commercial Electronics and its operating entity DTI Services have been acquired by Phoenix-based Alpine 4 Holdings Inc. (Nasdaq: ALPP). RCA is a legacy brand dating back to the early 20th century and was the technology leader ... Read More

Powderkeg Names ‘Unvalley Award’ Winners

Indianapolis-based Powderkeg has unveiled the winners of its 2022 Unvalley Awards. The tech networking platform says the awards "recognize the best startups and tech companies to work for in emerging tech communities beyond Silicon Valley."... Read More

Finvi Acquires Massachusetts Company

Muncie-based Finvi has made made an addition to its portfolio it says will enhance its consumer engagement offerings. The company, formerly known as Ontario Systems, has acquired Massachusetts-based Fonative, which had developed a Communications Platform-as-a-Service designed to help businesses connect with customers.... Read More

Tech Company Secures $48M Series C Funding

A California-based tech company with a growing presence in Indianapolis has closed on a $48 million Series C round of funding. Celigo, which bills itself as an Integration Platform-as-a-Service provider, says it will use the funding to accelerate global expansion and increase its go-to-market capacity.... Read More

Another Indiana County Deemed Broadband Ready

Fulton County is the latest Indiana county to be designated as an official Broadband Ready Community. Lieutenant Governor Suzanne Crouch and the Indiana Broadband Office say the certification notifies the telecommunications industry that a community has reduced barriers preventing infrastructure investment. ... Read More

TechPoint Mira Awards Nominations Begin

TechPoint, the state’s nonprofit growth accelerator for Indiana’s tech industry, is accepting applications for the 2022 Mira Awards, what is often referred to as the “Oscars” of tech in Indiana... Read More

Geospatial Intelligence Firm Wins Navy Contract

Odon-based geospatial intelligence firm geoConvergence has been awarded a $48.9 million contract from the United States Navy. The firm will serve as a subcontractor to Virginia-based Booz Allen Hamilton on a five-year contract that involves developing new capabilities for maritime operations.... Read More

DRONEDEK Inks Deal for Smart Mailbox Production

Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More

16 Tech CEO Announces Retirement

The president and chief executive officer of 16 Tech Community Corp. in Indianapolis has announced plans to retire. Bob Coy, who in 2017 was selected to lead the nonprofit overseeing the development of the 16 Tech Innovation District, says he will step down in April.... Read More