An Evansville-based startup is looking to help water utilities prevent pipe breaks. Utiliz has developed a subscription-based app that can predict which pipes are most likely to fail next by aggregating data from a variety of sources, including the water utility itself. The startup last week took the $10,000 top prize at the Spring 2022 Crossroads Pitch Competition at The Mill in Bloomington. ... Read More
Indianapolis-based 16 Tech Community Corp. has selected Emily Krueger as its next president and chief executive officer. Krueger has served as the nonprofit's chief operating officer since 2018 and will succeed Bob Coy, who is retiring next month.... Read More
A California-based company is expanding to northeast Indiana. Pacific Defense, which develops electromagnetic spectrum operations technology for the U.S. military, says it will open a new office at the Northeast Indiana Innovation Center in Fort Wayne.... Read More
Naval Surface Warfare Center, Crane Division is looking to help its scientists commercialize their technologies. The installation is partnering with The Mill in Bloomington and others to launch the PROPELS Accelerator, which is designed to provide entrepreneurs and small businesses with the opportunity to bring patented government technology to market. ... Read More
Fishers-based startup AfterSchool HQ has raised a seed round totaling $1.24 million... Read More
Purdue University is one of two universities recently selected by the Air Force Research Laboratory to serve as lead academic partner and headquarters in a pilot program for academic research partnerships.... Read More
Yorktown-based Mursix Corp. has named Jeff Frost president. Frost formerly served as director of operations and will report to Chief Executive Officer Todd Murray.... Read More
Indianapolis-based Qualifi has closed on a $2.5 million seed round of funding. The startup, which has developed an on-demand screening platform for recruiting teams, says it will use the funding to further product development and expand go-to-market efforts.... Read More
Carmel-based KAR Global (NYSE: KAR) is reporting full-year net income of $66.5 million in 2021, up from $500,000 the previous year. The company says the results were driven in part by strong growth in its digital dealer-to-dealer businesses.... Read More
Indianapolis-based Allos Ventures has announced the first closing of its latest fund, Allos IV. The venture capital firm says the fund will continue its focus on investments in early-stage B2B software companies. Managing Director Don Aquilano says being able to launch a fourth fund is "validation that there's a true need and a value for equity capital in the Midwest and certainly here in Indiana."... Read More
Indianapolis-based TechPoint has unveiled the list of nominees for the 23rd annual Mira Awards, honoring the "Best of Tech in Indiana." This year's nominees include 76 companies that employ more than 52,000 Hoosiers, as well as more than a dozen entrepreneurs from the state's tech sector. ... Read More
Two farming operations with plans to build and expand hydroponic greenhouses in South Bend will receive tax breaks from the city. ... Read More
Purdue University says it plans to expand its hub of hypersonics research with the addition of a center that will specialize in materials resistant to high temperatures. ... Read More
Greenfield-based Elanco Animal Health has launched a new ag-tech startup in partnership with High Alpha Innovation in Indianapolis. Elanco says Athian aims to help cattle farmers and ranchers capture and claim carbon credits.... Read More
Fifteen Hoosier companies have received over $748,000 in Phase I matching funding from Indianapolis-based Elevate Ventures as part of its Small Business Innovation Research and Small Business Technology Transfer matching program. ... Read More
Ball State University is partnering with Rahal Letterman Lanigan Racing with the goal of benefitting students in the school's esports program. The university says the deal includes scholarships for members of its varsity esports team.... Read More
Washington DC-based digital information technology company MetroStar has announced plans to expands its operations in Indiana. ... Read More
Indianapolis-based The Bee Corp has received its second investment from IU Ventures. The company, which has developed technology to determine the health of beehives, says it will use the $125,000 from the IU Angel Network to enhance its technology and bring it to new markets.... Read More
Indianapolis-based Woven has closed on an $8 million Series A round of funding. The company, which has developed an interview platform for software companies to hire engineers, says it will use the funding to expand the platform and add an undisclosed number of jobs.... Read More
A Zionsville-based startup is reporting a more than 500% customer increase in 2021. 120Water, which has developed a software platform for lead reduction and drinking water compliance programs, says the growth is due to the looming deadlines for compliance with the new Lead and Copper Rule Revisions from the U.S. Environmental Protection Agency.... Read More
