Indy Tech Startup Secures Additional Seed Funding

Indianapolis-based ConverSight.ai says it has closed on a $4 million Series Seed round of funding. The startup, which has developed an artificial intelligence and adaptive analytics platform, says it will use the funding to further enhance its platform and expand its sales and marketing teams.... Read More

Purdue Polytechnic Anderson Among STEM Recipients

The U.S. Economic Development Administration has selected recipients of its STEM Talent Challenge, a national competition that supports programs to train STEM talent. Purdue Polytechnic in Anderson was selected as one of the eight nationwide grant recipients and will receive $250,000 in funding.... Read More

Ports of Indiana Marks Increasing Shipment Totals

The Ports of Indiana says the state's three ports handled more than 11.2 million tons of cargo in 2021, which is a nearly 34% increase from the previous year. Additionally, the ports in Burns Harbor and Jeffersonville set new records for their highest annual shipment totals.... Read More

The Annex Group Partners with Nonprofit on Union at 16th

Indianapolis-based housing developer The Annex Group is partnering with Youth Build Indy to build Union at 16th, an affordable housing community on the city's near west side. As part of the partnership, The Annex Group says participants in the nonprofit’s BUILD program are helping with construction work on the $29 million housing development.... Read More

First Merchants Reports Record Year

Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting record full-year net income of $206 million, up from $149 million in 2020. Chief Executive Officer Mark Hardwick said 2021 proved to be a record year on many levels, including total assets, loans, deposits, and earnings per share.... Read More

Indy Distillery Adding New Location

Indianapolis-based 1205 Distillery has announced plans for its third central Indiana location. The distillery says it will open a new tasting room and production site in downtown Lebanon.... Read More

Grassroots Program Awards $100K for Indy Athletics Field

The Indianapolis Colts and the NFL Foundation Grassroots Program are providing $100,000 to help an Indianapolis school build a new athletic field. The organizations will help install a new natural grass field for The Sean Cowdrey Health & Wellness Complex Athletic Field, which is home to Phalen Leadership Academies.... Read More

First Savings Bank Reports Q1 Profit Dip

Jeffersonville-based First Savings Financial Group Inc. (Nasdaq: FSFG) is reporting fiscal first quarter net income of $4.3 million, compared to $9.9 million during the same period in 2020. Chief Executive Officer Larry Myers says the bank had a strong quarter of loan growth, and continued to stabilize the financial performance of the mortgage banking segment.... Read More

Berry Partnership Targets Recycled Plastic

Evansville-based Berry Global Group Inc. (NYSE: BERY) and TotalEnergies (NYSE: TTE) in France are collaborating to offer circular packaging and divert waste from landfills. Berry says Certified Circular Polymers supplied by TotalEnergies will help the company use more recycled plastic in its food and beverage packaging and healthcare products.... Read More

Center Grove to Cut Ribbon on Emergency Ops Center

Center Grove Community School Corp. in Greenwood will Thursday cut the ribbon on the new Center Grove Emergency Operations Center. The district says the center facilitates collaboration to increase public safety for its schools and the surrounding community.... Read More

Sun King to Get Bigger Space in Mishawaka

Last month, Indianapolis-based Sun King Brewing Co. announced plans to open a new tap room at The Mill at Ironworks Plaza in Mishawaka. Flaherty & Collins Properties, which operates the mixed-use project, says Sun King will now have a larger footprint on the property.... Read More