Elanco to launch $25M VC program focused on animal health innovation
The program will target investments in animal-health therapeutics and technologies but could also support other life sciences startups.
Read MoreThe program will target investments in animal-health therapeutics and technologies but could also support other life sciences startups.
Read MoreIt has been a busy few months for First American Nuclear Co., which late last year announced it would move its headquarters to Indiana and build its first nuclear reactors in the state.
Read MoreHe sat down with IBJ to talk about his entrepreneurial journey, how he got interested in artificial intelligence and what he’s up to with his latest startup, LaunchReady.ai.
The 20 companies IBJ featured in last year’s Innovation Issue all appear to still be in business, and some have introduced new products, raised money or made other moves.
The serial entrepreneur also launched the affiliated Longevity Today, a website that identifies, processes and summarizes life sciences research and offers information to the public through AI personas.
Israel-based Iron Nation aims to raise at least $60 million for the fund and invest in about 20 high-tech startups.
While working on his music, serial entrepreneur Jeb Banner said he encountered a “digital duct tape” problem that led to his latest startup: Bounce.fm.
Lafayette-based Quantum Research Sciences develops software for quantum computers so large they fill up a room, just like the IBM mainframes from the 1950s and 1960s.
The animal health startup had fundraising success in 2025, a year in which investment deals were hard to come by.
The company advertises its AI tool as the first of its kind built specifically for managing offers to artists, event details and marketing efforts.
Firms locally and nationwide are using AI to help them with everything from researching potential investments to drafting reports to helping them understand complex legal documents.
The fund has secured commitments from Eli Lilly and Co., Corteva Inc., Elanco Animal Health, Indiana University, Parkview Health and the Indiana Economic Development Corp.
Founder Dr. Manasa Mantravadi said they’re not stopping with online sales. The Indianapolis pediatrician said the next goal for the company is to have her products in physical stores.
Participants in the program via the Indiana Life Sciences Association can receive significant discounts—up to 75%—off list prices on goods including lab equipment, office supplies, corporate travel and insurance.
Artificial intelligence is making it less expensive to start and operate a company—and potentially reducing these startups’ reliance on venture funding.
More than 80% of small businesses in the United States operate without employees, and many entrepreneurs thrive by staying solo. For others, it’s not a sustainable path. But deciding when and how to grow the team can be challenging.
Generations is set to be Indiana’s first minority depository institution—and one of only 153 operating in the United States and its territories. But the bank will be open to anyone.
In Pursuit Of Inc. plans to begin taking referrals early next year from area organizations helping men who are struggling to get their lives together.
The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
Indianapolis-based Elevate, a nonprofit venture investment firm, has been operating under a cloud since late April when state officials froze its funding.
BiomEdit said the disease it’s targeting, avian necrotic enteritis, causes an estimated $6 billion in annual losses worldwide.
The Wisconsin-based startup accelerator is shifting its conference strategy to one large gathering irather than a handful across the U.S., a move expected to expand networking opportunities among investors and entrepreneurs.