Foxconn originally proposed a 20 million-square-foot manufacturing campus that would have been the largest investment in U.S. history for a new location by a foreign-based company, but those plans have been downsized significantly.
Entrepreneur starts hydroponics container farm on vacant urban lot
DeMario Vitalis, a descendant of cotton-plantation slaves and sharecroppers, sees ironic ties between his family’s past and his farm ownership.Read More
Eleven Fifty Academy aims to make ‘transformational impact’ with Lilly Endowment grant
Eleven Fifty Academy and several partners will use the grant money to implement strategies designed to improve the livelihoods of individuals and families facing complex and varied challenges associated with poverty and financial insecurity.Read More
High Alpha Capital launches $110 million venture fund
The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.Read More
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.
The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools.
President Joe Biden’s top economic and national security advisers are hosting more than a dozen CEOs on Monday to discuss the administration’s $2.25 trillion infrastructure plan and the global semiconductor shortage, according to a White House official.
Most Indiana leaders and politicians agree that providing every Hoosier with a high-speed broadband connection is a worthy goal, if not a high priority. But they disagree over how to accomplish and pay for it.
Despite the pandemic, Cloverdale-based educational software company Standard for Success saw solid—and somewhat surprising—growth last year, and the firm’s founders project strong double-digit growth this year.
The shutdowns likely will crimp dealer inventory of vehicles made at the plants, but GM says it has managed to keep factories humming that make hot-selling and very profitable full-size pickup trucks and SUVs.
The funding will be used to expand Indianapolis-based Casted’s staff and grow its platform with new integrations and partnerships, company officials said.
Indianapolis-based Demandwell announced Tuesday that is has become a High Alpha Venture Studio portfolio company as it launches its new SEO software platform.
To create Android, which was released in 2007, Google wrote millions of lines of new computer code. But it also used 11,330 lines of code and an organization that’s part of Oracle’s Java platform.
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.
The no-code/low-code movement gives people with little to no programming experience the power to create websites and digital apps, sometimes in just hours or days.
HG Ventures, the corporate venture arm of Indianapolis-based The Heritage Group, announced on Thursday a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. HG Ventures joins a handful of other venture groups in the program following a competitive selection process
PactSafe Inc., an Indianapolis-based tech firm that offers clients a cloud-based contracting platform, was founded in 2012 and has 40 employees.
Indianapolis-based Trava Security Inc., which makes and markets an automated risk-management and cyber-insurance software platform, said it would use the funding on product development and to boost its workforce.
Consultant AlixPartners has said the global chip shortage could cost automakers $61 billion in lost sales this year. The recent setbacks could further delay an expected second-quarter recovery in output.
The measure aims to give publishers better leverage with the tech companies, while only allowing coordination that benefits the news industry as a whole, amid a long-running decline in local news.
There are strategic elements in place today, including a 5G lab in downtown Indianapolis and the Indy Autonomous Challenge scheduled at Indianapolis Motor Speedway this year.
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.