Pacers partnering with sports-tech startup Edge Sound Research
The technology allows sports fans to both hear and feel sounds with greater clarity than they otherwise could.
Small Biz Startups
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Indianapolis tech startup Arrive to go public via merger
Indianapolis-based Arrive, which did business as DroneDek until a rebranding earlier this year, offers smart mailboxes for package delivery.
NBA, partners to host pitch contest for Hoosier startups on All-Star Weekend
The contest for diverse-led Indiana-based startups offers a total of $150,000 in cash prizes.
High Alpha Innovation launches new fund to boost Notre Dame-affiliated startups
Indianapolis-based High Alpha Innovation announced this week that it has closed on $17.5 million for its new 1842 Fund, which will invest in startups affiliated with University of Notre Dame faculty, students and members of the greater South Bend and Elkhart communities.
IU Kelley School of Business launches co-op program in Indianapolis
The new program is one of several ways that IU Indianapolis is working to increase the number of job-ready graduates in Indianapolis and make higher education more accessible to Hoosiers.
New ed-tech accelerator program offers $100K investments
Equity investments in each of the firms will come from a Butler University philanthropic fund, and the school is currently talking with potential additional investors.
Indianapolis tech startup Overfuel acquires competitor
Overfuel, which launched last year, recently acquired a Washington-state-based competitor, 321 Ignition. Both companies offer a platform on which independent auto dealers can build their websites.
Venture studio High Alpha invests in Indianapolis-based Engineered Innovation Group
By working together, EIG and High Alpha say they can combine their areas of expertise and potentially speed up the process of launching new startups.
TechPoint adopts new tech tool to advance workforce goals
TechPoint is in the process of adopting a platform from MetaImpact, a local startup headed by tech entrepreneur Scott McCorkle, to help the state grow its tech workforce.
Indianapolis startup Stellar helps customers use AI
Indianapolis-based Stellar is a tech services firm that helps companies implement artificial intelligence and other technologies into their operations. The startup launched earlier this year and emerged from stealth mode this week.
Indianapolis consulting startup Stitch lands $3.3M in state incentives
Stitch, a marketing tech consulting firm, can earn up to $3.3 million in state economic incentives if it hires at least 100 Hoosiers by the end of 2027. The company launched last year out of Indianapolis venture studio High Alpha.
Cybersecurity firm Stamus Networks lands $6M investment
The funding round included participation from Indianapolis-based investors Elevate Ventures and VisionTech Partners.
Indiana’s tech firms saw smaller investments, but more of them, in Q1
Indiana-based tech firms attracted more than $47 million from venture investors in 36 separate deals last quarter, according to a new report by Indianapolis-based TechPoint.
Indianapolis startup Bereave aims to improve funeral planning
Bereave, which launched quietly in 2021, is developing an online platform where individuals can preplan the details of their funerals. The company is working to raise close to $1 million in “friends and family” funding
Purdue, High Alpha partner on business, startup programs to be housed at Bottleworks
High Alpha’s space in the Bottleworks District will house Purdue executive education programs in the Mitch Daniels School of Business alongside Purdue-connected inventors and entrepreneurs.
Engineered Innovation Group lands state tax incentives
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
Tech startup Qualifi lands $4.5M in growth capital
Indianapolis-based Qualifi, which launched in 2019, offers a platform that allows employers to quickly screen groups of job candidates via automated phone interviews.
Smart-mailbox startup rebrands as Arrive, expects to generate revenue soon
The company, which launched in 2019, hasn’t yet started earning revenue but it expects to do so by the end of the year, says founder Dan O’Toole. He said it’s also on track to meet hiring required to earn state incentives.
Indianapolis VC firm Ivy Ventures launches with $20M fund
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.
High Alpha launches startup that helps marketing teams coordinate work
Indianapolis-based Tenon, which has been operating in stealth mode since December, offers a software platform that helps marketing teams plan and execute campaigns.