Indianapolis-based High Alpha Innovation announced this week that it has closed on $17.5 million for its new 1842 Fund, which will invest in startups affiliated with University of Notre Dame faculty, students and members of the greater South Bend and Elkhart communities.
A jury found STMicroelectronics infringed on a Purdue patent by making and selling products for a technology related to semiconductor devices used in high-voltage power applications.
Chris Byers, who had been Formstack’s CEO since 2010, said he came to the realization earlier this year that it was time for him to leave the company.
Carmel-based OpenLane announced Monday that it plans to acquire Manheim Canada from Atlanta-based Cox Automotive in a $95 million deal that’s expected to close within 30 days.
Local tech founders and funders have diverse and nuanced opinions on whether new laws governing AI are necessary or whether effective legislation of the technology is even possible.
Based on data from a newly released report about its first-ever Rally innovation conference, organizer Elevate Ventures likely will trim its programming offerings and schedule fewer simultaneous programs.
After 60 years of operations in Madison County, Anderson-based Lampco Federal Credit Union is working to establish a foothold in Marion, Hamilton and Hancock counties.
The settlement involves a former Purdue professor who was accused of falsifying and fabricating data related to federally funded research. After researching the allegations, Purdue said it agreed the federal research funding should be returned.
According to the plea agreement, Christopher Turean spent his wealthy client’s money on gambling and paying down a home equity loan.
Steve Pratt will lead an office of about 500 people. He will succeed Deloitte Tax LLP Partner Mary Boelke, who has led Deloitte’s Indianapolis office for more than 11 years.
The University of Indianapolis is leading a coalition of six Indiana colleges in an $11 million grant-funded program that’s using data analytics to help boost graduation rates.
The Tax Cuts and Jobs Act, which passed in 2017, temporarily doubled the estate-tax exemption starting in 2018. But the estate-tax provision of the TC&JA is scheduled to sunset at the end of 2025.
The Indiana Founders Network is intended to help entrepreneurs connect with peers for personal support and networking. The group’s kickoff event takes place in January.
Indianapolis-based HG Ventures this week released a report in which it outlines how technology could solve long-standing issues such as traffic congestion, safety and sustainability.
The investment sets the stage for collaboration between Allegion and Ambient.ai, whose technology helps customers identify and prevent potential security incidents.
Cummins, which reported revenue of $8.4 billion during the third quarter, has 73,600 employees worldwide, including 10,500 in Indiana.
Column Capital Advisors, an 18-year-old Indianapolis firm, is the second Hoosier firm to be acquired by Captrust Financial Advisors.
Yourco’s co-founder and CEO, Brodie Meyer, said the company wasn’t necessarily looking to secure outside funding, but it found the right partner and decided that seed capital could help Yourco grow more quickly.
Increasing numbers of borrowers are falling behind on their credit-card and auto-loan payments, but banking and economic experts say this is not necessarily a sign of economic troubles ahead.
In an effort to gain some clarity, the U.S. Copyright Office is seeking public feedback on a wide range of questions about AI-related copyright issues.
