FOUNDRY NEWS

Grow strong: African farmers, entrepreneurs revamp agriculture norms through Purdue partnership

January 28 2019

WEST LAFAYETTE, Ind. – Many farmers in the Republic of Cameroon usually grow just enough food to feed their families due to limited fertilizer and high-yield seeds, coupled with poor soil quality and lack of irrigation.

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Rest easy: New device could alleviate discomfort for those healing from leg injuries

January 24 2019

WEST LAFAYETTE, Ind. – A comforting innovation for those suffering from a lower-body injury is moving to the market all because one Purdue student wanted to alleviate his mother’s discomfort as she recovered from a leg injury.

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Successful Farming names Purdue-based Solinftec a 2019 ag tech startup to watch

January 24 2019

WEST LAFAYETTE, Ind. – Solinftec, a digital agriculture company that recently established U.S. headquarters at the Purdue Research Park and is already working with American farmers, has been named by Successful Farming as one of eight ag tech startups worth watching in 2019.

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Jian Jin, an assistant professor in Purdue’s Department of Agricultural and Biological Engineering, who was awarded $50,000 from the Trask Innovation Fund.

Three Purdue University researchers advance innovations through $100,000-plus in funding

January 22 2019

WEST LAFAYETTE, Ind. – Three Purdue University researchers have received a total of $121,000 from the Trask Innovation Fund to further develop their technologies and move them through the commercialization pipeline.

The technologies include an alternative to lithium-ion batteries, an innovative handheld sensor that gives plant scientists and farmers a more precise way of measuring the health of crops and a way for consumers to choose a health care provider without revealing sensitive information.

“There were a lot of novel and worthy technologies submitted by researchers. It’s a clear indication of the variety of global challenges Purdue researchers are taking on and the potential impacts these innovations can have,” said Abhijit Karve, senior business development manager for the Purdue Office of Technology Commercialization.

The Trask Innovation Fund makes funding available twice a year to assist

Purdue faculty and staff on their developments that are commercialized through the Office of Technology Commercialization. The Purdue Research

Foundation managed

fund is an endowed development fund designed to support short-term research and development projects that can enhance the commercial value of Purdue intellectual property.

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Purdue-affiliated Brightlamp launches smartphone app that can rapidly monitor the brain for signs of concussion

January 17 2019

WEST LAFAYETTE, Ind. – The Brain Injury Research Institute reports that high school athletes who sustain a concussion are three times more likely to sustain a second concussion, and a lack of proper diagnosis and management of concussion may result in serious long-term consequences, or risk of coma or death.

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Purdue students acquire entrepreneurial skills, prepare to vie for $100,000 in startup competition

January 15 2019

WEST LAFAYETTE, Ind. – Thirty-three teams of Purdue University students will be vying Wednesday (Jan. 16) to earn a spot in the final round of the Burton D. Morgan Business Model Competition, where a total of $115,000 in prize money will be awarded by a panel of alumni with entrepreneurial backgrounds.

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Co-founder Scott Massey stands next to GroPod, an in-home greenhouse that grows fresh produce out of a small coffee machine pod-like seed holders. He cofounded Heliponix with Ivan Ball to commercialize GroPod.

Purdue plant science startups receive $100,000 in investments

January 14 2019

WEST LAFAYETTE, Ind. – The Purdue Ag-Celerator Fund has announced that it is investing $100,000 in two plant science startups: Heliponix LLC, which is developing coffee machine-like pods that can grow produce in homes, and Karyosoft, which is creating easy-to-use software solutions that simplify genome data analytics for microbiome professionals.

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Purdue alumnus inducted into the National Inventors Hall of Fame

January 11 2019

WEST LAFAYETTE, Ind. – A Purdue University alumnus who created groundbreaking technologies in the field of electric power systems has been inducted into the 2019 National Inventors Hall of Fame.

Edmund O. Schweitzer III, who earned his bachelor’s and master’s degrees in electrical engineering from Purdue in 1968 and 1971, is the founder, president and chief technology officer of Schweitzer Engineering Laboratories.

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Solar solution: Technology helps reduce energy costs on Indiana farm while protecting environment

January 09 2019

WEST LAFAYETTE, Ind. – A Purdue University alumnus is using clean, solar energy to drastically reduce the electric bill for his northern Indiana hog farm with the help of a company based in the Purdue Research Park.

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Greg Deason, VP Entrepreneurship & Place Making discussing headline at weekly Foundry Grounds

Purdue hits startup milestone with 200+ startups, $350 million funding in five years, nine acquired for $2.3+ billion

January 10 2019

WEST LAFAYETTE, Ind. – Purdue University hit a milestone in startup creation in 2018 with 223 startups, more than $350 million in funding and investments generated and more than 300 new jobs, officials announced today (Jan. 10).

“Purdue has a 150-year history of producing world-class research. Five years ago we set out to establish an equally strong commercialization ecosystem to ramp up the translation of this research into the market and into real-world solutions,” Purdue University President Mitch Daniels said. “These efforts are clearly beginning to bear fruit, and to encourage us that these gains are just a beginning.”

Nearly 130 of the startups have licensed Purdue University intellectual property through the Purdue Research Foundation, Office of Technology Commercialization. The remainder of startups

are

affiliated with Purdue in some way and/or based on company-owned intellectual property bringing the startup total to 223 startups since 2013. More than 60 of the company-owned startups are founded and owned by Purdue students who in 2013 were granted the right to own the intellectual property that they generated as students at the university. Click here for a complete list of Purdue startups from years 2013-18.

“West Lafayette truly is ‘Startup City,’” West Lafayette Mayor John Dennis said. “The strong pipeline of innovation and entrepreneurial support from Purdue along with the economic environment climate here and across the Greater Lafayette area equate to new technologies, new companies and new jobs across the board.”

The 223 Purdue licensed-IP startups or startups affiliated with Purdue:

  • Startups raised $352 million in funding.
  • 210 are in active operation.
  • 186 are based in Indiana.
  • 128 licensed Purdue Intellectual Property.

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