7 02, 2019

Ag-Celerator announces next round of $100,000 available to advance Purdue agricultural innovations 

By |2019-02-07T10:37:36+00:00February 7th, 2019|Accelerator/incubator, Indiana, New Investments/Awards|0 Comments

Startups based on Purdue University plant science innovations are eligible to apply for the next funding round of the Ag-Celerator with $100,000 in cash prizes to be awarded. The purpose of this twice-a-year competition is to provide entrepreneurs interested in creating a startup and commercializing their technology with the initial funds to do so. Funding will be [...]

31 01, 2019

IU Philanthropic Venture Fund invests $250,000 in environmental compliance company: News at IU: Indiana University

By |2019-01-31T10:11:33+00:00January 31st, 2019|Indiana, New Investments/Awards, Venture Fund|0 Comments

The Indiana University Philanthropic Venture Fund, which invests in IU-related ventures, has invested $250,000 in Indianapolis-based Encamp Inc. The company works with its clients to make environmental compliance -- such as meeting environmental regulations for clean air and water, waste disposal, and hazardous material management -- fast, simple and accurate. CEO Luke Jacobs, lead technical architect Daniel [...]

14 01, 2019

Just Boiling…Purdue reaches milestone with helping launch more than 200 start-ups since 2013

By |2019-01-14T09:21:48+00:00January 14th, 2019|Indiana|0 Comments

In 2018, Purdue University reached a milestone with the creation of more than 223 start-up companies. The university has been monitoring this since 2013 when Mitch Daniels became Purdue’s President and created an initiative to ensure students and faculty gain the rights to their inventions and ideas. Purdue Senior Vice President of Innovation and Entrepreneurship [...]

9 01, 2019

IU Philanthropic Venture Fund invests $500K in health care communication and collaboration company

By |2019-01-09T10:16:39+00:00January 9th, 2019|Indiana, 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 $500,000 in Indianapolis-based Diagnotes Inc. The company helps health care professionals communicate with each other, patients and caregivers on a single, unified, cloud-based platform [...]

2 01, 2019

Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups

By |2019-01-02T07:57:43+00:00January 2nd, 2019|Indiana, Venture Fund|0 Comments

Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to [...]

20 12, 2018

Seven Purdue-affiliated startups receive investments totaling $200,000 from Elevate Purdue Foundry Fund 

By |2018-12-20T09:59:22+00:00December 20th, 2018|Indiana, Startup Fund|0 Comments

Elevate Purdue Foundry Fund announced Tuesday (Dec. 18) that it has awarded a total of $200,000 in investment funding to seven Purdue University-affiliated startups. The fund is a joint venture between the Purdue Foundry, a Purdue-based startup accelerator, and Elevate Ventures, a private venture development organization that supports the development and success of entrepreneurs across Indiana. The fund’s [...]

20 12, 2018

Two IURTC venture funds invest $400,000 in marketing data technology company

By |2018-12-20T09:54:12+00:00December 20th, 2018|Indiana, New Investments/Awards, Venture Fund|0 Comments

The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into [...]

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 [...]