Beastcoast, a professional e-sports team and digital media company that was a member of the 2020 Techstars cohort, announced this week it has closed on a $2.5 million pre-seed round of capital.
Entrepreneurship activity in Indiana is sluggish, Brookings report finds
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.Read More
Latest High Alpha portfolio company, Luma, helps clients with interviewing, hiring
High Alpha has high hopes for Luma, which has nine full-time employees and plans to double its staff size this year.Read More
Local firm’s new initiative matches remote workers with relocation incentives
Entrepreneurs Bill Oesterle and Evan Hock last month launched MakeMyMove, a subsidiary of TMap.Read More
The new firm will maintain the brands of the three companies—Jobvite, JazzHR and NXTThing RPO—as well as operations in their respective communities, the company said.
CounterStrike Table Tennis in Fishers is attempting to foster new interest in the niche sport by hooking players up with high quality paddles at affordable prices.
Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
Indianapolis-based Plug aims to connect people professionally and socially through a single app and offer features no other network does. Co-founders Landon Price and Cesar Paz are as unique a pairing as their startup firm’s hyperlocal focus.
Erynn and Elyse Petruzzi—whose father, Dean Petruzzi, started and sold several Indianapolis-based battery companies with his brothers in the late 1990s and early 2000s—started Something Splendid as a side hustle two years ago. Now it’s much more.
Three pilot programs planned for this year are more than just robo-taxi and delivery-bot science experiments. They’re dry runs for the real thing—possibly coming soon.
The fast-growing Zionsville firm plans to hire 157 additional workers by the end of 2022, company officials told IBJ this week.
The digital platform makes it easier for residents to report and track interactions with police, and for the police to track, monitor and analyze interactions with residents.
Casted plans to invest $425,000 and hire 62 more workers, which led the Indiana Economic Development Corp. to offer it up to $1.2 million in tax credits.
Four successful local entrepreneurs and active angel investors have teamed up to create Indianapolis-based Round One Capital, a new fund for emerging startups. Round One partners plan to offer startups more than just money. And they plan to grow the fund over time.
The new partnership is designed to give Hoosiers that graduate from the two-year fellowship an opportunity to gain guidance and potentially access capital to propel their ideas into the commercial realm.
Social media startup Stockteamup has partnered with the philanthropic arm of a hip-hop-inspired snack company to teach financial investing to Black communities.
With six new hires, the company—founded in 2014—now has 26 employees. The staff size will increase to 28 when the company adds two Orr Fellows in June.
DroneDek, an Indianapolis-based startup, said it has raised more than $1.25 million to support its upcoming product launch.
Kinetic Advantage, which helps finance inventory for independent car dealers, launched last July, but has already grown to 65 employees and is operating in 26 markets.
Ossium Health wants to build a huge bank of bone marrow and stem cells from deceased organ donors to treat patient with blood cancers and to improve organ transplantations.
Resilient Venture Studio will start out this year as a program under the High Alpha Innovation umbrella, but the organization’s leaders hope it will be spun off into its own venture studio launching 10 to 12 immigrant-led companies annually.
Invoke Learning offers a cloud-based artificial intelligence system that tracks student behavior from a variety of data sources gathered from the school and other publicly available outlets.