Purdue Foundry
Overview
Purdue Foundry is an entrepreneurship and commercialization hub that functions as a startup accelerator for Purdue University faculty, staff, students, and alumni. Managed by the Purdue Research Foundation, it provides resources such as mentoring, funding, business plan guidance, and grant writing to help innovators create and launch new ventures. In 2023, the Purdue Foundry became part of a larger, unified network called Purdue Innovates, and is now also referred to as the Purdue Innovates Startup Foundry. The organization makes early-stage investments, often through pitch competitions like the Black and Gold Awards, with investment amounts ranging from $25,000 to $100,000.
Portfolio Companies
14
Website
purduefoundry.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Umoja Biopharma | Nov 2020 | Series A | - |
| HemaChrome | Nov 2021 | Accelerator | Co-investor |
| GoGig | Dec 2020 | VC Round | Co-investor |
| Novilytic | May 2022 | Seed | Co-investor |
| Verility Inc. | Jul 2022 | Series A | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Purdue Foundry based?
Purdue Foundry is headquartered in West Lafayette, Indiana, United States.
When was Purdue Foundry founded?
Founding year information for Purdue Foundry is not publicly available.
How many portfolio companies does Purdue Foundry have?
Purdue Foundry has 14 portfolio companies in Caplight's dataset.
What are some companies in Purdue Foundry's portfolio?
Portfolio companies visible on Caplight include Umoja Biopharma, HemaChrome, GoGig, Novilytic, Verility Inc..
What was Purdue Foundry's most recent investment shown here?
Purdue Foundry's most recent investment in this portfolio sample was in Verility Inc. in 2022.
What sectors does Purdue Foundry focus on?
Purdue Foundry focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech.
What company stages does Purdue Foundry focus on?
Purdue Foundry typically invests at the Early stage.