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 University backs $250K for life sciences companies through Emerging Innovations Fund
Two life sciences companies that are commercializing Purdue University innovations can receive up to $250,000 in investments from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of early-stage discoveries.
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 […]
$8.25 million Seed Fund for Early-stage Life Science Companies: BioCrossroads Forms Indiana Seed Fund II
INDIANAPOLIS, April 30, 2012 /PRNewswire via COMTEX/ — BioCrossroads announced today the formation of the Indiana Seed Fund II (the Fund), an early-stage capital fund focused on identifying, creating and developing the next generation of Indiana-based life sciences companies. The $8.25 million fund is a follow-on to the Indiana Seed Fund I, a $6 million […]