Colaboratory offers a platform that helps brands identify potential partners and collaborate with them. The company, which has been operating in stealth mode since January, has now publicly launched.
This is the second major funding round for Trava, which was launched by High Alpha in 2020. The company offers cybersecurity risk management and insurance for small and medium-sized companies.
The technology, Fertile-Eyez, analyzes swine fertility, which enables livestock producers to accelerate reproduction among the herd.
Scale Computing CEO Jeff Ready said the $55 million investment will help the fast-growing company move closer to its goal of an initial public offering.
Indiana-based tech firms attracted a combined $166 million in investments last quarter, according to a report released this week by Indianapolis-based TechPoint. The quarterly total was up sharply from the first quarter, despite the nationwide tech slowdown.
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
Holder, the latest startup to launch out of Indianapolis-based venture studio High Alpha, offers a marketing platform built for the emerging era of blockchain technology.
IBJ tech reporter Susan Orr talked with local tech firms and venture funders about the trends and tells host Mason King about their concerns and expectations.
The red-hot tech industry is cooling down, and local industry insiders say they’re preparing for a landscape in which venture funding may be harder for companies to secure.
Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.
Encamp’s software helps its customers fulfill environmental reporting and compliance issues. The company has attracted $47.2 million in investment since its launch in 2017.
Fishers-based Vibenomics, which provides in-store music, audio advertising and messaging to retail customers, said the funding will help fuel its growth.
Local tech-industry executives say an expansion of an existing investor tax-credit program, plus an increased emphasis on high-school computer education, would go a long way to help support the state’s tech sector.
The funding included 39 Indiana life-science companies raising $433.5 million last year in venture capital, an increase of almost $200 million compared to 2020, according to a report issued by BioCrossroads.
Prodport’s CEO and cofounder is Ohad Hecht of Carmel, who formerly led marketing-tech firm Emarsys until leaving that company last year.
Gootee, who has been the chief investment officer at Indianapolis-based Elevate Ventures since 2014, is a well-known figure in Indiana’s technology, investment and entrepreneurship circles.
MITO Material Solutions Inc. said it will use the investment to expand its Indianapolis operations, including new lab space for developing products and new composite material technologies.
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.
Members and supporters of The Startup Ladies, an Indianapolis company that supports female entrepreneurship, sent an open letter to Elevate Ventures detailing their concerns that Elevate marginalizes female founders.
Indianapolis-based Qualifi, which launched in 2019, offers technology that helps customers quickly screen job applicants using automated phone calls.
