Innovate Indiana Fund Part of $5.75M Investment
MatterFab, an Indiana University-funded maker of metal 3-D printers, recently closed a $5.75 million seed-funding effort toward the design and development of its first printer for commercial, industrial-grade use. The Innovate Indiana Fund and GE Ventures were among the investors in the Series A financing round, which will help the San Francisco-based company produce what […]
Purdue Krannert students realize returns through startup venture fund
Purdue University students are acquiring real-world business experience by performing due diligence on startups applying for funding from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of Purdue’s early-stage innovations. The Krannert School of Management’s “Student Managed Venture Fund” course challenges students to complete reports on startups founded on Purdue innovations […]
Purdue Emerging Innovations Fund Boosts Tech Developer
A company that has licensed a Purdue University tracking software innovation has been awarded funding from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of Purdue’s early-stage discoveries. SensorHound Inc., a company that focuses on technology that improves reliability and reduces the operations cost of networked embedded systems, also called the […]
Purdue startups seek millions in cash this semester
Purdue University researcher Michael Zenter is familiar with the valley of funding death. It’s the gap in available capital that exists between research-level funding and business loans offered to viable companies, and it’s spelled catastrophe for many startups. But if you have a good enough idea, that valley seems to narrow with resources available from […]
Indiana University’s Anagin is Spinning Up Success
Anagin, a company launched by two Indiana University scientists to develop a first-of-its-kind treatment to battle post-traumatic stress disorder, emerged from six finalists Tuesday to win the third annual BioCrossroads New Venture Competition. The contest, held in conjunction with the 2014 Indiana Life Sciences Summit at the JW Marriott hotel in Indianapolis, awards a $25,000 […]
Indiana Purdue Collaboration is a ‘Fund With Afterburners’
Qualified Purdue-affiliated startups have two more resources to advance their companies through a three-year, $2 million fund as well as the addition of two new entrepreneurs-in-residence through a collaboration among the Purdue Foundry, Elevate Ventures and the Indiana Economic Development Corporation. “There are three critical assets a startup needs to be successful: a viable product, […]
Innovate Indiana Funded Start-up Closes $10M Series B
PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and process data for various commercial users, today disclosed a second round of funding that totals nearly $10 million.
Trask Innovation Fund application deadline set for Sept 19
WEST LAFAYETTE, Ind. – Applications for the Trask Innovation Fund are being accepted through Sept. 19 to eligible Purdue University inventors at all campuses who are working to advance Purdue technologies toward commercialization.
Purdue Research Foundation Creates $15M Fund for Life Sciences Start-ups
Purdue Research Foundation and Cook Medical have created a $12 million evergreen investment fund to financially support life science startup companies tied to Purdue University. The Foundry Investment Fund, announced Tuesday, will be used to match outside donations to fund companies based on Purdue technology or expertise in the fields of human and animal health and plant […]
Purdue University Trask Innovation Fund announces $200K in new grants
A Purdue Research Foundation fund designed to support Purdue University faculty and staff innovators awarded more than $200,000 this spring. The Trask Innovation Fund assists faculty and staff innovations with which the Office of Technology Commercialization is working. The fund seeks to support short-term projects with the potential to reach markets and consumers with products […]