Indianapolis-based Resultant opens office near Crane warfare center
Resultant, which offers technology consulting and analytics, says it opened the Odon office to better support its clients at the nearby Naval Surface Warfare Center in Crane.
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Report: Venture capital investments in Indiana companies hit all-time high
Indiana companies landed $1.4 billion in investments last year–a record amount, and nearly triple the value of investments in 2020, a new Elevate Ventures report says.
New laws are having a big impact on local tech sector’s required ingredients for data privacy
State legislatures from coast to coast, including Indiana’s, are turning their attention to consumer data privacy—and the issue could have a large impact on Indiana’s tech sector.
Philly-based sports betting exchange eyes 2023 launch in Indiana
Sporttrade Inc. offers users a betting exchange through which they can trade sports bets as if they were stocks.
Justice Department sues UnitedHealth over nearly $8B deal
The U.S. Department of Justice said Thursday that the proposed deal for Change Healthcare would hurt competition and give UnitedHealth Group—which is a competitor to Indianapolis-based Anthem Inc.—access to sensitive claims information from competitors.
Cummins to acquire Meritor for $3.7B
Columbus-based Cummins said its acquisition of Michigan-based Meritor, a maker of electric axle and brake technology, will help accelerate Cummins’ electric and hybrid business.
First Internet leans into banking-as-a-service trend
Under the relatively rare model, a bank offers its expertise and capabilities to a fintech, allowing the fintech to provide iservices that require the involvement of a federally regulated and insured institution.
UPDATE: Tech startup Qualifi lands $2.5M in seed funding
Indianapolis-based Qualifi, which launched in 2019, offers technology that helps customers quickly screen job applicants using automated phone calls.
Allos Ventures launches $75 million investment fund
Indianapolis-based Allos Ventures, which invests in early-stage business-to-business software companies in the Midwest, said it plans to start making investments from Allos IV right away.
TechPoint names Mira Awards nominees from 76 Indiana companies
The nominees for the Indiana-based awards include newly-launched startups and growing scale-up companies that have developed technologies for a variety of industries, including health care, transportation and logistics, and business intelligence and operations.
Q&A with Danny Milisavljevic, a Purdue University astronomer
Milisavljevic, 42, an assistant professor of physics and astronomy at Purdue University, orchestrated a proposal for the James Webb Space Telescope, which launched in late December as the high-powered successor to the legendary Hubble Space Telescope.
Elanco, High Alpha Innovation launch ag-tech startup Athian
The startup, Athian, aims to help farmers and ranchers measure, and eventually monetize, their efforts to reduce the carbon footprint of their cattle operations.
IUPUI lands $3.7M grant for cybersecurity degree programs
IUPUI is among eight universities to receive the latest round of funding from the National Science Foundation’s CyberCorps Scholarship for Service program, which aims to increase the nation’s supply of trained cybersecurity professionals.
Laikin’s Indy-based Novus Capital II closes merger with California energy-storage firm
Novus Capital Corp. II announced in September it would merge with Energy Vault in a deal that would take the 4-year-old company public. The transaction gives Energy Vault an immediate cash infusion of $355 million.
House passes bill to boost U.S. computer chip production
Democrats muscled through legislation in the House on Friday that they say positions the United States to better compete with China economically and on the global stage
‘Innovation districts’ could attract high-tech projects
Senate Bill 361 would make it possible for the Indiana Economic Development Corp. to create districts across the state to capture sites for large-scale economic development projects.
Local software firm Woven scores $8M in funding
Woven aims to streamline the hiring software engineers, a process that typically requires skills-testing and multiple rounds of interviews.
Purdue University files patent-infringement suit against Google
The dispute concerns technology that the university says was developed and patented by a team of professors and graduate students to address “power bugs” in mobile phone apps.
As demand to snag remote workers rises, Indy-based MakeMyMove fetches $2.6M
MakeMyMove, which launched about a year ago, will use the investment to scale up and hire several new employees, particularly in the areas of engineering, product development and sales.
Carmel-based tech firm Lumavate scores $6M investment
This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.