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Propel Penn State Seed Fund announces first investment | Penn State University

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The Story

The Propel Penn State Seed Fund has announced its first investment, a $50,000 convertible note investment in X‑Hab 3D Inc., an innovative startup working at the forefront of large‑scale 3D‑printed infrastructure and automated construction technologies.

“This investment marks an important milestone for the Propel Penn State Seed Fund and the student-driven educational programming that enables the fund’s investment activity,” said Michael Zaydon, manager and administrator of the Propel Penn State Seed Fund.

The Propel Penn State Seed Fund is made possible through ongoing philanthropic contributions and corporate sponsorships. Gifts to the fund directly support student-led experiential learning as well as early-stage dilutive investment in Penn State-affiliated startups.

Source: Propel Penn State Seed Fund announces first investment | Penn State University

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