Feds award $11M for Purdue-led microelectronics workforce effort
The funding will allow for a five-year extension a public-private-academic partnership of 17 universities and 34 partners within the defense industry and government.
Technology
Articles
Mozilla report takes aim at tech giants’ grip on web browsers
Only three companies currently offer major browser engines, according to the findings. That’s left developers and consumers with limited choices.
High Alpha startup Humankind closes on $4.2M seed round
Humankind is a software-as-a-service company whose platform allows retailers to make personal connections with online shoppers. Indianapolis-based venture studio launched the company last fall, and it now has 16 employees.
Indiana-based ag-tech startup lands $3M in seed funding
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.
Salesforce donates $1M to IPS for emotional, mental health
IPS is expected to use the money to create sensory-friendly environments for struggling students, peer mentors and professional development sessions on social and emotional learning.
Tax-credit online marketplace creates connections for more deals
Indiana’s entrepreneurial community has high hopes that the new service will help attract more out-of-state investment in Hoosier startups.
Belgian tech startup Unbox to set up U.S. HQ in Indianapolis
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
Biden officials visit Purdue as part of national push to bolster semiconductor production
Officials discussed their push to see Indiana ramp up its role at designing and manufacturing of semiconductor chips that are used to power the nation’s smartphones, cars, computers, medical equipment, military weapons and other technology.
Twitter whistleblower cites security flaws before Congress
The former security chief at Twitter told Congress that the social media platform is plagued by weak cyber defenses that make it vulnerable to exploitation by “teenagers, thieves and spies” and put the privacy of its users at risk.
U.S., Mexico to cooperate on semiconductors, electric vehicles
The countries seek to eat into Asia’s advantage in semiconductors and batteries needed for electric vehicles and promote North American production.
Biden’s visit shows high stakes of $20B Ohio chip factory
Nearby states hope to benefit from the cluster of suppliers that industry experts say is bound to develop around the Ohio site. Indiana officials also have made semiconductor manufacturing a critical element in economic development strategies.
Manufacturing tech grants helped Hoosier companies grow their workforce, report says
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
Westfield-based Taranis lands $40M growth investment
Taranis, which was founded in Israel in 2015 and moved its headquarters to Westfield in 2020, offers a software platform farmers can use to monitor and manage their crops.
Apple maintains prices on new iPhones despite inflation
Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery at the same prices as last year’s model.
ClusterTruck spins off its software platform into a standalone business
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
Tech startup led by Scott McCorkle lands $5.1M in angel funding
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
Some bosses say remote work kills culture. Many companies disagree.
While scaling culture remotely might have challenges, companies say it’s worth it. Employees have more freedom, and employers can access a larger talent pool, including workers who want or need flexible work.
Indiana approved for $187M in federal broadband expansion funding
The funding is expected to connect more than 50,000 Hoosiers to high-speed broadband internet, the U.S. Treasury Department announced Tuesday.
Fed’s real-time payment system coming as soon as May
In development for effectively a decade, FedNow is expected to allow banks of any size to send payments to each other in real-time. That will allow bank customers to send real-time payments to one another on the same rails.
Indy-based Olio Health secures $13M in growth funding
The company, which has developed a workflow and collaboration software platform designed to improve post-acute care outcomes for patients, said it plans to use the funding to further product development and make key hires in several departments.