30 11, 2018

IU Philanthropic Venture Fund invests in regenerative medicine company Vascugen

By |2018-11-30T09:36:31+00:00November 30th, 2018|Indiana, New Investments/Awards, Venture Fund|0 Comments

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 [...]

12 11, 2018

Purdue I-Corps: Guiding entrepreneurs from good ideas to great, market-ready innovations 

By |2018-11-12T10:11:25+00:00November 12th, 2018|Indiana, Proof of Concept (POC) Fund|0 Comments

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 [...]

1 11, 2018

IU Philanthropic Venture Fund commits $500,000 to drug development company

By |2018-11-01T10:25:16+00:00November 1st, 2018|Foundation-support, Indiana, New Investments/Awards, Venture Fund|0 Comments

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 [...]

12 10, 2018

Indiana BioCrossroads forms $9M seed fund for life science startups

By |2018-10-12T09:58:06+00:00October 12th, 2018|Indiana, Venture Capital|0 Comments

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 [...]

18 07, 2018

Notre Dame IDEA Center launches 27 startup companies in first year of operation 

By |2018-07-18T08:26:26+00:00July 18th, 2018|Indiana, Startup Fund|0 Comments

The IDEA Center at the University of Notre Dame surpassed its goal of creating 16 faculty and student startup companies in its first year by launching 27 companies between July 2017 and June 2018. That number nearly equals the total number of startups, 33, in the University’s entire 175-year history prior to 2017-18, and it exceeds by [...]

4 06, 2018

Purdue Ag-celerator invests $100,000 in two plant science startups – Purdue University

By |2018-06-04T08:57:20+00:00June 4th, 2018|Accelerator/incubator, Indiana|0 Comments

The Purdue Ag-celerator Fund has invested a total of $100,000 in two plant science startups for the spring round of investments. The recipients are JUA Technologies International LLC, a startup building multipurpose crop dehydrators, and ZeaVaxx LLC, a startup developing a plant-derived nanoparticle that can improve animal vaccines. “The Ag-celerator is moving into the third year in its goal to [...]

31 05, 2018

Purdue Foundry Fund Makes More Investments 

By |2018-05-31T08:39:17+00:00May 31st, 2018|Indiana|0 Comments

The Elevate Purdue Foundry Fund has invested more than $500,000 into 11 Purdue University startups. The funding includes five companies receiving $80,000 each for achieving "Gold Award" investment status. The fund is a joint venture between private venture development organization Elevate Ventures and entrepreneurship and commercialization accelerator Purdue Foundry. Purdue Ventures Managing Director John Hanak [...]

3 05, 2018

$115,000 funding awarded to Purdue researchers, advance innovations to commercialization

By |2018-05-03T15:04:06+00:00May 3rd, 2018|Indiana, New Investments/Awards, Proof of Concept (POC) Fund|0 Comments

Four Purdue University researchers will share nearly $115,000 in funding from the Trask Innovation Fund to further develop their innovations and move life-changing technologies through the commercialization pipeline. Twice annually the Trask Innovation Fund awards funds through an endowed development program that assists faculty and staff whose discoveries are being commercialized through the Purdue Research Foundation’s Office of Technology Commercialization. [...]

13 04, 2018

LA-based venture fund to support Purdue research, technologies, startups 

By |2018-04-13T17:44:57+00:00April 13th, 2018|Indiana|0 Comments

Los Angeles-based Kairos Ventures and Purdue Research Foundation today announced a partnership to bring substantial venture funding support to Purdue University research, technologies and startups with high commercial potential. The collaboration provides additional leverage for Purdue’s startup ecosystem and supports investments in companies commercializing Purdue’s intellectual property. “The Kairos partnership with Purdue opens a whole [...]

16 03, 2018

Purdue business competition awards $115,000 to 12 winning student startups 

By |2018-03-16T11:58:26+00:00March 16th, 2018|Indiana|0 Comments

The Burton D. Morgan Business Model Competition awarded 12 student startups funding totaling $115,000. Purdue University’s Center for Entrepreneurship hosted the final presentations in late February. The top three winners received a total of $55,000 in funding. First-place winners included Spiro Therapeutics, awarded $25,000; MediTrack awarded $15,000 and Incas Diagnostics awarded $15,000. The Burton D. Morgan Business Model Competition [...]