Q&A: Geng Wang works to help organizations that give back
Geng Wang and co-founder Michael Jeffrey launched the startup Civic Champs in 2019.
Innovation Issue
Articles
Startups to watch: Novilytic
The company—which provides tool sto pharmaceutical scientists and engineers—is projecting to reach $48 million in revenue within five years.
Startups to watch: Quasistatics Inc. (d/b/a Ixana)
Ixana provides chips and other technology that enables wearable and smart devices to securely communicate through touch by creating a private electric-field based network around humans,
Startups to watch: Stitch
Founders: Michael Burton, Bobby Tichy Established: 2022 Top executives: Michael Burton, CEO Brian Montminy, chief operating officer Bobby Tichy, chief solutions officer Stephen Rosenfeld, chief innovation officer Equity raised: did not disclose 2024 revenue: did not disclose Projected 2025 revenue: did not disclose Employees: more than 100 Location: Indianapolis. However, more than half of the […]
Startups to watch: Bereave
The Bereave platform offers tools for human resources and management teams to provide to employees and their families when they’re dealing with loss.
2025 Innovation Issue: What’s a startup? Most say it’s a company that’s young, disruptive and scalable
Even seasoned entrepreneurs and business executives have different takes about exactly what constitutes a startup—or at least a successful one.
Startups to watch: Adipo Therapeutics LLC
Adipo is developing a new approach to obesity treatment that converts subcutaneous white fat into healthier, energy-burning brown fat.
Startups to watch: Primary Record
Founders: Jean Ross, Jim McIntosh Established: 2020 Top executives: Jean Ross, CEO Jim McIntosh, head of product Dr. Chris Ross, chief medical officer Equity raised: $1 million pre-seed round that closed in December 2023 2024 revenue: less than $20,000 Projected 2025 revenue: more than $250,000 Employees: 3 Location: Fishers Affiliations: none Patents: none What does […]
Startups to watch: ReproHealth Technologies
ReproHealth makes devices to improve assisted reproduction in animals, including through in vitro fertilization and artificial insemination.
Startups to watch: Grannus Therapeutics
Founders: John Foglesong, Sanket Mishra, Brian Blagg Established: 2021 Top executives: John Foglesong, CEO and president Daniel Flynn, chief strategy officer Michael Rafferty, head of preclinical development Sanket Mishra, vice president of research Equity raised: $1 million seed round, $800,000 and $1 million from two bridge rounds, $700,000 Small Business Technology Transfer grant (non-equity) from […]
2025 Innovation Issue: Startup expert says founders need business skills in addition to a great idea
Rob Mathews, executive director of Ball State University’s Entrepreneurship Center, views leadership and innovation as inseparable attributes for a startup.
Startups to watch: Quantum Research Sciences
Founder: Ethan Krimins Established: 2022 Top executives: Ethan Krimins, CEO Andreas Jung, chief operating officer AJ Wildridge, chief technology officer Equity raised: none 2024 revenue: did not disclose Projected 2025 revenue: did not disclose Employees: 10 Location: Lafayette Affiliations: QRS is a Purdue Innovates client company and an affiliate company of the Purdue Quantum Science […]
2024 Innovation Issue: Circle Beverage expands reach with robotic sleeving
The company has spent millions on the mostly automated production line. That shift has allowed the company’s 30 employees to upskill to work with the technology, but he said some manual labor remains.
2024 Innovation Issue: ‘Progressive improvement’ leads to customer smiles
TWI Institute, a consulting firm for manufacturers, describes continuous improvement as the “act of taking an established process, breaking it down to its component parts, building it back up using only the essential parts and committing to making incremental improvements over time.”
2024 Innovation Issue: 5 keys to driving Indiana’s manufacturing future
Innovation is the thread woven through these truths, not only in the digital sense but also as it relates to the education and training of our future workforce, providing strategic funding and proactively building the powerful partnerships necessary to effect real change.
2024 Innovation Issue: State grant program spurs Industry 4.0 investments
A total of 526 grants worth a combined $56.9 million have been awarded so far to companies and organizations in 79 counties. In 2023, $20 million was granted to 161 projects in 50 counties. See how the money has been distributed.
2024 Innovation Issue: Wearable devices promise improved safety, productivity
But the devices—whether they’re used in the industrial setting or for personal reasons like health and fitness—can also raise concerns as well as questions about data privacy.
2024 Innovation Issue: On-demand production allows companies to respond quickly to customer needs
Striving for efficiency drives the on-demand philosophies of Mach Medical, Homefield Apparel and 80/20 Inc., even if the companies have little else in common.
2024 Innovation Issue: The path to Industry 4.0
Numerous groups are working to advance both technology adoption and related workforce development in Indiana’s manufacturing industry, especially among the small companies that represent the bulk of Indiana’s manufacturers.
2024 Innovation Issue: How automation can be a lifesaver
Lilly plans to outfit its Lebanon plants—now under construction—with the latest in robotic, digital manufacturing equipment that will do much of the work that a generation ago was done by humans.