Indiana startups raised $34.5M from venture capitalists in first quarter
The second quarter is off to a fast start, a sign that this could be a strong year for raising capital in the state.
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Q&A: Hitting the trails, building a business
Brian Holzhausen, 46, has run hundreds of races, from short blasts to 31-mile ultramarathons on rugged dirt trails. Following his passion, he jumped from a career in engineering to outdoor fitness.
Quirky Stutz complex is growing spot for techies, but still home to artists
Twenty-five years after developer Turner Woodard purchased the old Stutz factory complex at 10th Street and Capitol Avenue, the sprawling facility hosts 200-plus tenants.
Boutique tech event in Bloomington aims for big-time stature
The Combine’s goal is to be “at the intersection of community, capital, creativity, culture and code,” said its leader.
Soup maker answers call for locally made goods
Lisa Sprunger founded frozen-soup company Urban Ladle in the kitchen of her north-side home, nurturing it into a line of seven frozen soups sold at various, mostly Indiana, retailers.
State set to unleash new venture funding
The Hogsett administration and the City-County Council are weighing whether to kill a little-known organization that has quietly worked the past two decades on the redevelopment of key downtown projects.
Q&A: Bobby Mattingly and Cody Peczkowski of Moontown Brewing
After years of dreaming and planning, the pair opened the brewery in January in the historic Whitestown High School gym.
Noblesville fine-dining fixture closing its doors
The Hamilton Restaurant, which husband-and-wife-team Clyde Worley and Vanita Clements opened in 2002, will stop serving by the end of the month.
Local ed-tech firm acquired by industry goliath, to keep local presence
VeriCite Inc., a Fishers-based maker of plagiarism-detection software, is being acquired by Turnitin, a Silicon Valley-based leader in the plagiarism-detection industry. Turnitin officials said they will maintain and grow its local presence.
Former Angie’s List CEO strikes deal to buy company’s HQ campus
Bill Oesterle and a group of investors have agreed to purchase the 17.5-acre site on the near-east side and could close on the deal in March.
Wisconsin-based startup accelerator plants flag in Indy
Gener8tor, which takes ownership stakes in startups in return for providing intensive guidance, will launch a free program in Indianapolis this spring that will provide coaching for seven weeks to five promising Hoosier companies.
Angie’s List parent has strong quarter, says company will grow in Indy
ANGI Homeservices Inc. CEO Chris Terrill told IBJ he is feeling “bullish” about the company’s overall prospects and its future in Indianapolis.
Local firms seek to advance social entrepreneurship in central Indiana
An Indianapolis law firm is hoping to boost what’s known as “social entrepreneurship” in central Indiana by bringing together people who want to both generate a profit and improve society with their business endeavors.
Former T2 exec embarks on downtown car club, auto storage project
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Indy-based startup matches parkers with underused spaces
FlexePark has five lots—three in Broad Ripple, one in Mass Ave and one in Bloomington—that are available to parkers for $4 to $10 during evening and overnight hours.
Work gets underway at Fishers tech lab even before official opening
The Indiana IoT Lab is already fielding calls from companies big and small that want help developing internet-connected devices to enhance their brands.
Venture capital for Indiana startups surged in 2017 on fewer deals
Thanks to a strong fourth quarter with a $40 million deal, the amount of venture capital invested in Hoosier firms surged 50 percent in 2017 over the previous year.
Artist Noel upgrades Zionsville landmark in hopes of making it more marketable
She has listed the historic church building since 2015, originally for $1.85 million, but has dropped the asking price to $1.59 million as she finishes a second round of renovations.
Firm that repairs ultrasound probes grows quickly
Fast-growing Fishers-based Probo Medical serves a niche within a niche: It repairs and refurbishes ultrasound equipment—more specifically, the probes for ultrasound systems.
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.