Report: Venture investment in Indiana tech firms rose from 2023 to 2024
The Central Indiana Corporate Partnership report’s findings show that tech-industry funding has still not rebounded from the slowdown that began in 2022.
TechPoint
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2024 Innovation Issue: Robotic welding system boosts Smoker Craft’s production
The company has received attention for its system and last month earned the Conexus Indiana Manufacturing Innovation Award at TechPoint’s 2024 Mira Awards gala.
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Authenticx, Tenon Software among 2024 Mira Awards winners
TechPoint named its 2024 Mira Awards winners Friday night. The program, which honors achievements in Indiana’s tech sector, recognized 18 winners, including nine from the Indianapolis area.
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Tech exec Mike Langellier joins High Alpha venture studio
Langellier, who stepped down in May as CEO of Indianapolis-based TechPoint, has joined Indianapolis-based venture studio High Alpha as an operating partner.
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IEDC zooms to Vegas to promote state tech sector
The Indy Autonomous Challenge will be part of the splashy CES trade show Jan. 5-8 in Las Vegas, where Hoosier business leaders plan to use the racing event as a vehicle for promoting Indiana’s tech economy to a potentially worldwide audience.
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Articles
Republic Airways, Accutech Systems among 2025 Mira Award winners
Indianapolis-based TechPoint, which supports the state’s tech sector, honored Republic Airways, Accutech and 18 other winners at its annual Mira Awards gala Thursday night.
Butler startup accelerator alums announce Indiana hiring plans
Sweden-based ImagiLabs and Minnesota-based Awesome People Leaders say participating in an Indy-based startup accelerator convinced them to expand their operations in Indiana.
Securing funds for venture capital a top priority for Indiana tech lobby
An expected tight budget cycle could limit how much lawmakers are willing to designate for existing technical investments—never mind additional requests.
Report: Venture funding in state’s tech sector sank in 3Q
While not unusual for venture funding in a third quarter, the latest investments totaled a small fraction of what Indiana tech firms received in both the first and second quarters of this year.
New ed-tech accelerator announces its first four participants
The program, a joint effort between Butler University, Indianapolis-based TechPoint and Wisconsin-based gener8tor, offers $100,000 investments to each of the participating companies.
TechPoint exploring launch of AI-focused networking group
TechPoint has secured a $50,000 cash prize from the U.S. Small Business Administration to help with this effort.
Indiana’s tech sector saw boost in venture investing activity in 1Q, report says
Indiana’s tech companies landed a combined $348.8 million in venture funding last quarter, which was the strongest first-quarter activity since recordkeeping began in 2015, TechPoint says.
TechPoint Mira Award nominees for 2024 unveiled
The annual Mira Awards honor the best in tech in Indiana. Indianapolis-based TechPoint said the record number of entries for two of the key awards underscores the “vibrancy of Indiana’s tech sector.”
TechPoint launching new peer-to-peer network for founders
The Indiana Founders Network is intended to help entrepreneurs connect with peers for personal support and networking. The group’s kickoff event takes place in January.
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.
Report: Indiana tech firms landed 19 deals worth more than $93.4M last quarter
Echoing national trends, both the number of venture investments into Indiana companies and the total value of those deals declined as compared with last year, the TechPoint report says.
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.
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.
Ivy Tech to roll out new Ivy+ tech training program this month
Ivy+, which will offer non-degree credentials and skills training, launches in mid-March in Muncie, with an expected statewide rollout by the end of the month. Ivy Tech says it expects to enroll a cumulative 6,000 students by the end of next year, helping to ease Indiana’s tech workforce shortage.
National tech layoffs could create opportunity in Indiana
From Amazon to Microsoft to Twitter and many others, tech companies nationwide have announced more than 200,000 layoffs since the start of the year. But is a different story emerging in Indiana?
TechPoint reveals 2023 Mira Award nominees
The not-for-profit advocate for Indiana’s technology sector said the 78 nominees were chosen from a record number of entries and represent almost all regions of the state.
Indianapolis-based High Alpha shifting to a founder-first model of biz creation
Traditionally, Indianapolis-based venture studio High Alpha has created new software companies by starting with an idea for a company, then finding an entrepreneur or team to lead that startup. High Alpha is shaking up that model this year.
TechPoint partnership focuses on developing Black tech talent across state
The not-for-profits TechPoint and InnoPower plan to host three-phased sessions, designed to learn what obstacles exist, develop ideas to overcome the obstacles and then implement the ideas.
New funding source makes Xtern internship program more affordable for startups
A $300,000 investment from the Indiana Economic Development Corp. will cover half the cost of wages and program fees for small startups who want to participate in TechPoint’s Xtern summer internship program.