Fishers-based smart-mailbox company Arrive AI set to go public this week
The company, which has developed a smart-mailbox system for drone delivery, said it expects to begin trading on the Nasdaq exchange.
Susan Orr
Articles
Indianapolis-based Olio secures $11M venture investment
Olio offers a software platform that allows health systems, physician groups and insurers to coordinate patient care across different settings.
Startups to watch: Pierce Aerospace
In April, Pierce Aerospace announced it was working with San Francisco-based Skylark Labs to provide drone-detecting technology along the U.S.-Mexico border.
Rally innovation conference to continue as planned, likely without state support
Rally innovation conference creator Elevate Ventures says Rally will take place as planned this year, but organizers are not counting on financial support from the Indiana Economic Development Corp.
Bloomington entrepreneurship center The Mill names new CEO
The new leader replaces The Mill’s founding CEO, Pat East, who announced his departure in January.
Cummins withdraws 2025 financial guidance over tariff uncertainty
Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.
Q&A with Ginger Rothrock: Blending entrepreneurship, chemistry training at HG Ventures
Rothrock’s personal resume includes both entrepreneurship and academic training in chemistry—a perfect combination for what she’s now doing as senior director of HG Ventures.
Financial advisers counsel calm amid market ups and downs
It might be tempting to make dramatic changes to your investments right now, but it’s important to resist that impulse, advisers say.
Launch Fishers working with California-based Plug and Play to help local startups
Launch Fishers recently formed a partnership with venture firm and accelerator operator Plug and Play, giving Launch Fishers members access to Plug and Play’s network of resources and connections across the country.
Indianapolis-based investment firm Sheaff Brock to be acquired
The acquisition of Sheaff Brock will be California-based Allworth Financial’s third and largest Indianapolis acquisition to date.
Elevate says state funding freeze endangers startups, entrepreneurial community
Commerce Secretary David Adams announced last week that the state had frozen funds earmarked for Elevate Ventures, but he did not outline specific concerns about the nonprofit or its operations.
The Heritage Group discontinues business accelerator program
The company said it wants to focus more on innovation activities within its 30-plus existing operating companies.
Braun arranging for independent IEDC audit amid transparency concerns
Gov. Mike Braun told IBJ on Tuesday that his office was finalizing the details of an independent audit of the state’s economic development agency: “Hoosier taxpayers deserve clear accountability for how their dollars are spent.”
Takeover expedites Republic Airways’ IPO goal
Mesa Air Group is a quarter of the size of Republic, but Mesa is publicly traded. Once the deal closes, the combined company will change its ticker symbol from MESA to RJET, continuing to trade on the Nasdaq market.
Fishers-based tech firm Trabian acquires software platform
Fishers-based software development firm Trabian Technology Inc. has acquired a platform that the company says will allow it to work more quickly and efficiently. As part of the acquisition, Trabian also picked up some of Core10’s customers and a handful of its employees.
Carmel-based trucking tech firm DriverReach acquired
DriverReach’s founder and former CEO said he’s now turning his focus to a nonprofit he launched last year.
Stock Yards Bank continues central Indiana growth with sixth branch
Louisville-based Stock Yards Bank & Trust is moving forward with plans for additional branches in the Indianapolis-area market over the next several years.
FDA upheaval worries local companies
The Trump administration’s recent announcement that it plans to eliminate about 3,500 FDA jobs is creating uncertainty among Indianapolis-area companies that interact with the federal agency.
Indianapolis tech startup Ekkobar selected for international sports tech development program
More than 1,600 companies applied for this year’s cohort of the Comcast NBCUniversal SportsTech program, and Ekkobar was the only Midwest-based company chosen.
New lender’s approach will be a first for state
Evansville-based Old National Bank is working on a first-of-its-kind effort: the launch of an Indiana-based bank whose target customers are minorities and those underserved by traditional banks.