Purdue is hosting the multiday Silicon Summit, which is the latest in a string of activities and announcements the school has been involved in regarding microchips and semiconductors over the past year and a half.
Equity investments in each of the firms will come from a Butler University philanthropic fund, and the school is currently talking with potential additional investors.
ReJoyce Financial CEO Alexander Joyce, who is known locally for his financial planning infomercials, is serving time in Hamilton County Jail for a probation violation related to charges of driving while intoxicated. His firm is operating as usual in his absence, according to his attorney and and business associates.
Cummins focuses on both hydrogen-powered and battery electric products through its zero-emissions business unit, which does business as Accelera by Cummins. But hydrogen is emerging as the breakout star for the company.
Echoing national trends, both the number of venture investments into Indiana companies and the total value of those deals declined as compared with last year, the TechPoint report says.
Indianapolis-based Plan Forward, which helps dental practices set up membership plans for their patients, plans to use most of the investment on sales and marketing, while some will go toward improving its software platform.
Carmel-based Mesh Systems worked with the multinational food company on the Heinz Remix, a high-tech machine that allows customers to create customized sauce combinations. In part because of the project, Mesh recently added a 10,000-square-foot lab space.
Indiana’s tourism industry, plus public safety officials and others, already are laser-focused on April 8, 2024. On that day a sizable swath of the state, including Indianapolis, will be in the path of totality for a solar eclipse whose path will arc across the U.S. from Texas to Maine.
Overfuel, which launched last year, recently acquired a Washington-state-based competitor, 321 Ignition. Both companies offer a platform on which independent auto dealers can build their websites.
North Carolina-based Bank of America has opened 19 area branches since entering the Indianapolis market in 2017, including a new one in Carmel. It plans to open at least three more by 2025.
Advances in technology traditionally have had the biggest impact on more physical jobs, but generative AI tools will likely be most disruptive for jobs that require brains, not brawn.
Orthodontic Details says its customers might not realize the extent to which artificial intelligence is integrated into the company’s platform, but the technology is having a profound impact on their office operations.
By working together, EIG and High Alpha say they can combine their areas of expertise and potentially speed up the process of launching new startups.
Logansport-based Security Federal Savings Bank says it plans to begin construction this week on a branch office on the north side of Indianapolis.
Chase has notified bank regulators that it plans to close two Indianapolis branches, both standalone locations at busy intersections.
History: Evansville-based ZeroCarb Lyfe was launched by co-founders Omar Atia and Mohamed Aly in April 2020. But the company’s origin story begins in 2006 when Aly, who is diabetic, developed a chicken-based pizza crust as an alternative to carb-heavy traditional crusts. Atia, who was born in Chicago but grew up in Indianapolis, has engineering degrees […]
TechPoint is in the process of adopting a platform from MetaImpact, a local startup headed by tech entrepreneur Scott McCorkle, to help the state grow its tech workforce.
Vince Donargo—a veteran financial executive who has worked for several Indianapolis public companies—plans to step down from his position as chief financial officer of Calumet Specialty Products Partners on Dec. 31 and retire at the end of April.
North Dakota-based restaurant company BT Brands, which dropped its lawsuit against Noble Roman’s late last week, said it will continue in its efforts to effect changes to the Noble Roman’s board of directors.
The company, which specializes in metal fabrication and machining, is in the midst of a 51,000-square-foot expansion that will boost its ability to make components for one major customer in the microchip industry.
