Purdue Foundry focuses on investing in venture-scale startups that can leverage the strengths and global relationships of Purdue University. They typically engage in pre-seed, seed, and Series A rounds, with investments ranging from small grants to larger funding rounds. The Foundry supports innovators across all Purdue colleges and departments, fostering collaboration between faculty, students, and external businesses.
Notable portfolio companies include Amplified Sciences, Ixana, Nanovis, and Verility. Key partners and decision-makers at Purdue Foundry bring extensive experience in startup development and innovation. The Foundry's investment philosophy centers on creating opportunities and driving growth within their community of startups. They offer unique value-add services such as support resources to create critical inflection points for the companies they back.
Purdue Foundry - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments27
Current Portfolio Count22
Total Portfolio Exits1
Top Investment Stages
Pre-Seed7 (26.9%)
Grant6 (23.1%)
Seed6 (23.1%)
Series Unknown5 (19.2%)
Convertible Note2 (7.7%)
Stage Mix
Pre-Seed 27%Grant 23%Seed 23%Series Unknown 19%Convertible Note 8%
Concentration shown as share of disclosed investments by stage.
Purdue Foundry - Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 7300Business Services
Show 13 more industry codes
- NAICS
- 540000Professional, Scientific, and Technical Services
- 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
- 813400Civic and Social Organizations
- 813410Civic and Social Organizations
- 813900Business, Professional, Labor, Political, and Similar Organizations
- 813920Professional Organizations
- 810000Other Services (except Public Administration)
- 541000Professional, Scientific, and Technical Services
- SIC
- 8600Membership Organizations
- 8620Professional Membership Organizations
- 8640Civic, Social, And Fraternal Associations
- 8641Civic, Social, and Fraternal Associations
- 8690Membership Organizations, Not Elsewhere Classified