Purdue Ventures to Oversee Startup Investments

The combined investment resources for Purdue University-affiliated startups will now be managed by a single entity. The newly-created Purdue Ventures will oversee the deployment of $37 million in investments from the Purdue Research Foundation’s multiple funding resources. Dan Hasler, president and chief entrepreneurial officer of the Purdue Research Foundation, says it makes sense to put […]

Purdue University $10M Fund Focuses on Startups

Purdue University has announced a $10 million fund for entrepreneurs to launch businesses. The Purdue Startup Fund will be jointly funded by alumni of the university and the Purdue Research Foundation. Purdue Foundry Director of Venture Capital and Funding Resources John Hanak says he expects the new fund to boost startup activity. “What makes this […]

Purdue startup receives funding to accelerate innovation to treat MS pain

The Elevate Purdue Foundry Fund has awarded Neuro Vigor a $20,000 “Black Award” to accelerate commercialization of its drug therapy for pain in multiple sclerosis. “This early stage award is the result of a very competitive process and recognizes Neuro Vigor’s progress to date and its potential as a future target for other investors with […]

Purdue Research Foundation, Alumni Network Team On Start-ups

WEST LAFAYETTE, Ind. — A new all-volunteer, nonprofit group composed of Silicon Valley-based Purdue University alumni could provide Purdue innovators and entrepreneurs with support to commercialize the university’s innovations. Silicon Valley Boiler Innovation Group (SV BIG) links established California venture capitalists, angel investors, entrepreneurs and industry officials who graduated from Purdue with Purdue entrepreneurs attempting to launch their […]

Purdue on tech transfer success, gap funding

Purdue University is facilitating and encouraging startup creation through several investment funds, engagement with surrounding communities and investors, and one of the largest university-affiliated incubation parks in the country, which comprises more than 200 companies across Indiana and has provided about $22 million for sponsored research at the university since 1999.“We have several initiatives designed […]