Tech

An Indianapolis-based tech company has closed on a $7.5 million investment round led by Fulcrum Equity Partners, a growth equity fund headquartered in Atlanta. DriverReach, which has developed a recruiting and compliance management platform for the trucking industry, says it plans to use the funding to fuel product development and add up to 60 jobs over the next three years. "It's pouring some serious gasoline on the fire," said DriverReach Chief Executive Officer Jeremy Reymer.... Read More

Purdue University has forged a partnership with Semiconductor Research Corp., a nonprofit technology consortium, to focus on research and development of better microelectronics and more robust components for microchips... Read More

Fort Wayne-based electronics manufacturer Riverside Manufacturing LLC says it is partnering with GPS producer Bad Elf LLC to assemble some of its devices. ... Read More

Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) has announced a $15 million investment in Autotech Ventures, a venture capital firm in Silicon Valley. Allison says the partnership will provide the company with direct exposure to startups, VC expertise and high-tech companies in the transportation industry.... Read More

The tech sector in Indiana continued a record-breaking trend at the end of 2021. TechPoint, the state's nonprofit tech accelerator, says the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.... Read More

While a visitor itself, the state of Indiana rolled out the welcome mat last week at the Consumer Electronics Show (CES) 2022 in Las Vegas, inviting stakeholders in the tech space to examine the Hoosier State. ... Read More

The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universität München in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More

Indianapolis-based meeting management software platform Docket has completed a $3 million financing round with support from the IU Angel Network... Read More

2021 was a challenging year, but a strong one for Indiana's technology sector. While final numbers for the year are still being tallied, the state set a new record for venture capital investment during the third quarter and... Read More

An Indianapolis-based artificial intelligence company has moved its headquarters into the 16 Tech Innovation District, which is located on the near westside of downtown Indy.... Read More

Elkhart-based Thor Industries Inc. (NYSE: THO) has inked a Memorandum of Understanding with ZF Friedrichshafen AG, a vehicle technology company based in Germany. Thor says the partners will focus on the continued joint development of a high-voltage electric drive system for towable recreational vehicles.... Read More

An Indianapolis-based augmented analytics company focused on higher education has secured a $50,000 investment from Flywheel Fund, a capital fund run by The Mill in Bloomington. Invoke Learning says it will use the funding to fuel sales and marketing efforts.... Read More

Indianapolis-based marketing software company DemandJump says it has acquired Metonymy Media, a marketing agency in Indy. ... Read More

Indiana University Health is awarding $4.3 million to organizations throughout the state in an effort to boost housing and training needs among Hoosiers. One of those awards is a three-year, $1 million grant to Indianapolis-based Eleven Fifty Academy to open satellite campuses in 10 counties, including a location at the Fusion 54 coworking space in Crawfordsville.... Read More

The Indiana National Guard says it will add approximately 200 new positions for a new intelligence and electronic warfare battalion.... Read More

Indianapolis-based RCA Commercial Electronics and its operating entity DTI Services have been acquired by Phoenix-based Alpine 4 Holdings Inc. (Nasdaq: ALPP). RCA is a legacy brand dating back to the early 20th century and was the technology leader ... Read More

Indianapolis-based Powderkeg has unveiled the winners of its 2022 Unvalley Awards. The tech networking platform says the awards "recognize the best startups and tech companies to work for in emerging tech communities beyond Silicon Valley."... Read More

A new study from Conexus Indiana reveals the number of advanced manufacturers in Indiana that have adopted or grown the next generation of technologies has doubled since last year... Read More

Muncie-based Finvi has made made an addition to its portfolio it says will enhance its consumer engagement offerings. The company, formerly known as Ontario Systems, has acquired Massachusetts-based Fonative, which had developed a Communications Platform-as-a-Service designed to help businesses connect with customers.... Read More

Vincennes University will Thursday hold a ribbon cutting ceremony to launch its first of three collaborative robotics training labs in the state. ... Read More