Allison Ventures, the venture capital arm of Indianapolis-based Allison Transmission Inc., has committed to a $10 million investment in Pennsylvania-based investment firm EnerTech Capital. Allison Ventures will be one of 10 corporate investors in...... Read More
Sports Tech HQ Inc., an initiative launched by the Indiana Economic Development Corp. in June 2022, has secured $4.5 million from the IEDC to fund its operations for the next two years. That amount is double what the IEDC initially invested two years ago.... Read More
Indianapolis-based Paxafe Inc., which helps customers identify and avoid potential supply-chain disruptions, has secured $9 million in Series A funding to fuel the company’s growth. The investment brings Paxafe’s total raised to date to $14 million.... Read More
More than a year after its acquisition by Marion-based Indiana Wesleyan University, Indianapolis-based Eleven Fifty Academy is rolling out big, future-focused changes. Perhaps the most significant: The school has begun focusing its instruction on...... Read More
Columbus based Cummins Inc. saw its revenue drop slightly in the first quarter, but its profit increased sharply because of one-time gains from the spinoff of its filtration business. In its first quarter financial report, the manufacturer reported...... Read More
Indianapolis-based tech firms Authenticx Inc. and Tenon Software Inc. and Microsoft Corp. executive Kate Maxwell were among the winners announced Friday at TechPoint’s 2024 Mira Awards gala, held at downtown’s Old National Centre for the first time.... Read More
Indianapolis-based TechPoint is set to receive $50,000 to explore launching a statewide artificial intelligence innovation network. The money comes from the U.S. Small Business Administration, which this week announced...... Read More
Visit Indy has sold its proprietary customer relationship management software platform, Jupiter, to a Philadelphia firm which plans to incorporate it into a future version of its own CRM platform. Philadelphia-based firm Tempest, which offers...... Read More
Troubled wealth management firm ReJoyce Financial has vacated its office space in Carmel after being evicted. It’s the latest in a series of blows for ReJoyce and its CEO, Alexander Joyce, who gained attention locally through his frequent informercials...... Read More
Indiana’s tech sector posted strong venture funding activity in the first quarter, landing a combined $348.8 million through 29 deals. According to TechPoint’s first-quarter Indiana Tech Venture Report, last quarter’s deal value was...... Read More
