The Purdue Research Foundation Office of Technology Commercialization recently awarded more than $143,000 to three research-led projects. Each project is being led by researchers from Purdue's College of Agriculture, College of Engineering and College of Veterinary Medicine, according to a press release. The projects are being funded through the Trask Innovation Fund, which supports short-term projects [...]
Ten years ago, Ravi Bhatt considered his college town of Bloomington, Ind., when he was deciding where to locate his promising new business venture. He loved Bloomington, and equally adored his alma mater, Indiana University. In the end, though, he chose Chicago, believing that the Windy City offered the best mix of talent, infrastructure and, [...]
A West Lafayette-based life sciences diagnostic startup has closed on a $1.8 million seed round of funding. Amplified Sciences, which is developing diagnostics designed to detect debilitating diseases more quickly, says the round was completed by an investment from Chicago-based OCA Ventures. Amplified Sciences Chief Executive Officer Diana Caldwell says the funding will help validate the [...]
Nathalie Duval-Couetil, professor in Purdue Polytechnic Institute's Department of Technology Leadership and Innovation, has been named the institute's Innovation and Entrepreneurship Fellow. As a fellow, Duval-Couetil will serve as a resource to Polytechnic Institute faculty and students interested in pursuing technology commercialization and entrepreneurial activity. She will also help develop commercial-oriented collaborations with the other academic [...]
Entrepreneurs whose startups commercialize Purdue technology in any agricultural field are now eligible to apply for a Purdue fund's semiannual competition. The $2 million Ag-Celerator Fund was created in 2015 by the College of Agriculture and the Purdue Research Foundation. It originally supported the commercialization of technologies to benefit only the plant sciences sector. The fund is [...]
BLOOMINGTON - Student innovators at Indiana University are getting a boost through a new investment fund from a startup incubator at IU Bloomington. The Shoebox Fund is designed to help student entrepreneurs build, launch and sustain their ideas. It is part of the Shoemaker Innovation Center at the IU Luddy School of Informatics, Computing and Engineering. [...]
BLOOMINGTON, Ind. -- IU Ventures has launched the inaugural class of its Executive in Residence Program with a talented cohort of business leaders who have deep experience spanning high-potential startup companies to Fortune 500 corporations. An affiliate of Indiana University, IU Ventures helps students, faculty, staff and alumni advance startups and new companies through financial or other forms [...]
Indiana University has launched the Shoebox Fund with the support of a $60,000 gift from Donna and John Shoemaker. IU says the funding will support student startups that have been built in the startup incubator known as the Shoebox within the Shoemaker Innovation Center at the IU Luddy School of Informatics, Computing and Engineering. Two Shoebox-born [...]
The IU Philanthropic Venture fund has made a second $500,000 investment into Mentor Collective, a Boston-based education technology startup that helps universities with mentorship programs. The platform helps to connect first-year and international students with campus life and now has more than 100 partnerships with universities. IU Ventures made an initial $500,000 investment during the [...]
Purdue University has been hand-picked by Big Idea Ventures LLC, a global leader in early-stage food technology and alternative protein investment, for a new fund to commercialize university intellectual property. The new Generation Food Rural Partners (GFRP) fund is a $125 million target fund that will fuel economic development in rural communities across the United States through [...]