Indianapolis-based tech startup Holder ceases operations
Holder, a blockchain-focused marketing tech firm, launched out of Indianapolis venture studio High Alpha in 2022. Its CEO told IBJ the company was too early to market in an emerging industry.
Susan Orr
Articles
Carmel financial firm, CEO face another investor lawsuit
A Mooresville investor is alleging that Carmel-based retirement planning firm ReJoyce Financial LLC and CEO Alexander Joyce misappropriated more than $200,000 that she had deposited with the firm to invest on her behalf.
High Alpha closes on $125M investment fund, downsizes staff
Fund IV marks some shifts in Indianapolis-based High Alpha’s operating strategy—notably, it plans to launch fewer companies per year than it traditionally has in the past, and it has cut its staff nearly in half.
Fishers-based Spokenote gaining traction with sports teams
Fishers-based tech startup Spokenote, which signed a first-of-its-kind sponsorship deal with the Indiana Pacers several months ago, said that deal has led to additional opportunities with other sports teams, including the Indy Eleven.
CEO’s love for swimming leads OneAmerica to sponsor USA team
Scott Davison has a lifelong love of the sport. Knowing this helps explain why OneAmerica’s name and logo will be deeply imbedded in the U.S. Olympic Swimming Trials in Indianapolis.
Carmel man agrees to guilty plea in $952,000 theft case
Nathaniel Wills of Carmel is accused of stealing nearly $1 million from his former employer, Anderson-based Indiana Flooring and Linoleum Co. Inc.
Made in Indiana: Veterinary equipment by Vetamac Inc.
Company overview: Harry Latshaw, a veterinary anesthetist who worked at the Purdue University College of Veterinary Medicine from 1972 to 2000, founded Vetamac in 1990. The company makes veterinary anesthesia machines and equipment, and it services its own and other manufacturers’ anesthesia machines. Equipment sales account for about 40% of revenue, with service accounting for […]
2024 Innovation Issue: The path to Industry 4.0
Numerous groups are working to advance both technology adoption and related workforce development in Indiana’s manufacturing industry, especially among the small companies that represent the bulk of Indiana’s manufacturers.
Zionsville-based startup selling coffee with a high-tech, NFT twist
Zionsville-based startup Coin Coffee LLC has a new take on an age-old practice—connecting with others over coffee. The company’s business model includes coffee, art and nonfungible tokens as a way to promote artists.
Purdue institute launches online academy for studying intersection of tech, national security
The Tech Diplomacy Academy offers subscribers a series of one-hour courses led by Purdue faculty about such topics as hypersonics, cybersecurity, robotics and neural networks.
KSM accounting firm announces Cincinnati acquisition plans
Once the acquisition closes, Cassady Schiller will become Katz, Sapper & Miller’s largest office outside of its Indianapolis headquarters.
Allison Transmission’s venture arm makes $10M investment in mobility fund
As part of its investment, Indianapolis-based Allison will gain access to EnerTech Capital’s network of companies working on automotive technologies in the areas of electrification, connectivity, autonomy and digitization.
BCforward CEO Justin Christian to acquire NYC-area firm in $29M deal
Christian has set up a new special purpose entity that will purchase all of tech staffing firm TSR Inc.’s outstanding stock for $13.40 per share.
Elevate Ventures moving HQ to prominent downtown building
Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
Holcomb administration seeks new crop markets, partners on ag trade mission
IBJ talked with State Agriculture Director Don Lamb about the trade mission to Brazil, the importance of agriculture trade missions and Indiana’s import/export relationships.
Sports Tech HQ initiative lands $4.5M in state funding
The goal of Sports Tech HQ is to build Indiana’s sports technology sector, in part by luring startups here and helping them connect with the state’s existing sports ecosystem.
Indianapolis-based Paxafe secures $9M investment
Paxafe’s software helps customers identify and avoid potential logistical disruptions in shipments of temperature-sensitive products such as pharmaceuticals and foods.
Eleven Fifty Academy putting AI at core of revamped curriculum
More than a year after its acquisition by Marion-based Indiana Wesleyan University, Indianapolis-based Eleven Fifty Academy is rolling out big, future-focused changes.
Indy Autonomous Challenge set to return to IMS with other high-tech programs
The competition between self-driving race cars, featuring 10 university teams from around the world, also will include chances for spectators to interact with drones, robots, augmented and virtual reality and generative artificial intelligence.
Cummins sees quarterly revenue dip, but a big jump in profit
Cummins saw its first quarter revenue drop by 1% on a year-over-year basis. Its profit was way up due to one-time gains from the spinoff of its filtration business.