Susan Orr

ClusterTruck spins off its software platform

The Indianapolis-based delivery-only restaurant ClusterTruck Inc. has spun off its software platform into a standalone business called Empower Delivery.... Read More

Tech startup led by Scott McCorkle lands $5.1M in angel funding

MetaCX, an Indianapolis-based startup co-founded and led by tech veteran Scott McCorkle, has secured $5.1 million in funding from a group of 14 angel investors. The investment comes less than a year after the company’s previous $7 million round.... Read More

Purdue sees big Indianapolis expansion potential from IUPUI revamp

Purdue University says it sees big potential to grow its Indianapolis presence as part of an IUPUI revamp announced Friday that will give both Purdue and Indiana University autonomous identities in the state’s capital city.... Read More

Federal criminal case against former Celadon execs dismissed

In an uncommon turn of events, all fraud charges against two former Celadon Group Inc. executives have been dropped, ending a federal criminal case that had been ongoing for more than two years.... Read More

Central Indiana fair-housing group reaches lawsuit settlement

The Indianapolis-based Fair Housing Center of Central Indiana and 11 partner organizations have reached a settlement with a New York-based property owner in a lawsuit over disability-access issues at 50 different senior-living properties, including three in central Indiana.... Read More

Cummins investing $24M in German battery startup

Indiana-based Cummins Inc. is investing $24 million into VoltStorage, a Munich, Germany-based startup focused on environmentally-friendly energy storage systems.... Read More

Indianapolis-based Aearo files for bankruptcy protection

Indianapolis-based Aearo Technologies LLC, which is facing more than 230,000 product-liability lawsuits related to the performance of its Combat Arms earplugs, has filed for Chapter 11 bankruptcy reorganization.... Read More

Closures of animal-breeding facilities could cost Inotiv $10M

Inotiv Inc. (Nasdaq: NOTV), the West Lafayette-based pharmaceutical testing company that announced last month it planned to shut down two animal-breeding facilities in Virginia, now says it expects to incur charges of up to $9.9 million in connection with those closures.... Read More

Indianapolis-based Scale Computing lands $55M investment

Indianapolis-based Scale Computing has secured $55 million in investment capital, led by funds managed by Morgan Stanley Expansion Capital. The funding is expected to help the tech firm move closer to its goal of an initial public offering.... Read More

Carmel-based enVista to sell portion of business to German tech company

Carmel-based enVista plans to sell a portion of its business to Hamburg, Germany-based technology company Körber, a deal that will shift 400 of enVista’s 850 employees—including its cofounder and CEO Jim Barnes—to Körber.... Read More