IU Philanthropic Venture Fund invests $250,000 in environmental compliance company: News at IU: Indiana University
The Indiana University Philanthropic Venture Fund, which invests in IU-related ventures, has invested $250,000 in Indianapolis-based Encamp Inc. The company works with its clients to make environmental compliance — such as meeting environmental regulations for clean air and water, waste disposal, and hazardous material management — fast, simple and accurate. CEO Luke Jacobs, lead technical architect Daniel […]
Just Boiling…Purdue reaches milestone with helping launch more than 200 start-ups since 2013
In 2018, Purdue University reached a milestone with the creation of more than 223 start-up companies. The university has been monitoring this since 2013 when Mitch Daniels became Purdue’s President and created an initiative to ensure students and faculty gain the rights to their inventions and ideas. Purdue Senior Vice President of Innovation and Entrepreneurship […]
IU Philanthropic Venture Fund invests $500K in health care communication and collaboration company
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has invested $500,000 in Indianapolis-based Diagnotes Inc. The company helps health care professionals communicate with each other, patients and caregivers on a single, unified, cloud-based platform […]
Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups
Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to […]
Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]
Seven Purdue-affiliated startups receive investments totaling $200,000 from Elevate Purdue Foundry Fund
Elevate Purdue Foundry Fund announced Tuesday (Dec. 18) that it has awarded a total of $200,000 in investment funding to seven Purdue University-affiliated startups. The fund is a joint venture between the Purdue Foundry, a Purdue-based startup accelerator, and Elevate Ventures, a private venture development organization that supports the development and success of entrepreneurs across Indiana. The fund’s […]
IU Philanthropic Venture Fund invests in regenerative medicine company Vascugen
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has invested in Vascugen Inc., a regenerative medicine company. Vascugen is focused on finding therapies to repair human tissue damaged by reduced blood flow due to […]
Purdue I-Corps: Guiding entrepreneurs from good ideas to great, market-ready innovations
Shruthi Suresh and Ting Zhang, two Purdue University doctoral students, thought they had a great idea to help blind and visually impaired people. The National Science Foundation Innovation Corps program helped them come up with an even better idea to launch a startup moving their innovation into the public. “The I-Corps program allowed us to get out […]
IU Philanthropic Venture Fund commits $500,000 to drug development company
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John […]
Indiana BioCrossroads forms $9M seed fund for life science startups
Indiana startup companies in life sciences, information technology and agricultural biosciences now have another source of early funding. BioCrossroads, an Indianapolis-based group that promotes and invests in the sector, said Wednesday it has formed a $9 million seed fund, its third such fund since 2004. Investors in the Indiana Seed Fund III include Eli Lilly […]