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The Venture Codex

Purdue Research Foundation

1281 Win Hentschel Blvd., West Lafayette, IN, 47906, United States

Overview

Supports innovators and fosters collaborative research and startups.

Founded

2013

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Association
Education
Non Profit

Investment portfolio

16rounds
NAMEDATESIZE
Rhea Space
Apr 2026Participated
$6 MSeries A
Persist AI
May 2025Participated
$12 MSeries A
Neurava
Apr 2024Participated
$2 MSeed
Adipo Therapeutic
Jan 2024Participated
$2 MOther Equity
Trio Pharmaceuticals
Apr 2023Participated
$2 MSeed
Tactile Engineering
Feb 2023Participated
$2 MOther Equity
Verility
Jul 2022Participated
$4 MSeries A
Novosteo
Mar 2021Participated
$6 MSeries A
Physiq
Jan 2020Led
$0.50 MOther Equity
Nanovis
Aug 2018Participated
$6 MOther Equity
Anfiro
Nov 2017Participated
$1 MSeed
Animated Dynamics
Jun 2016Participated
$2 MSeries A
Rhea Space
Apr 2026Participated
$6 MSeries A
Persist AI
May 2025Participated
$12 MSeries A
Neurava
Apr 2024Participated
$2 MSeed
Adipo Therapeutic
Jan 2024Participated
$2 MOther Equity
Trio Pharmaceuticals
Apr 2023Participated
$2 MSeed
Tactile Engineering
Feb 2023Participated
$2 MOther Equity
Verility
Jul 2022Participated
$4 MSeries A
Novosteo
Mar 2021Participated
$6 MSeries A
Physiq
Jan 2020Led
$0.50 MOther Equity
Nanovis
Aug 2018Participated
$6 MOther Equity
Anfiro
Nov 2017Participated
$1 MSeed
Animated Dynamics
Jun 2016Participated
$2 MSeries A
16
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Insights

Time horizon

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Deal Distribution

Purdue Research Foundation: 16 funding rounds are recorded in the selected participation categories.All available history.
Purdue Research Foundation: 16 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Series A06
Other Equity23

Monthly Deal Activity

Purdue Research Foundation: 16 deals are recorded across 184 months.All available history.
Purdue Research Foundation: 16 deals are recorded across 184 months. All available history
MonthDeals
Jul '111
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '141
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '151
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '161
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '171
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '231
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Purdue Research Foundation: Health & Life Sciences is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Purdue Research Foundation: Health & Life Sciences is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Health & Life Sciences13
Hardware & Robotics4
Space & Frontier Tech3
Manufacturing2
AI & Machine Learning2
Data, Analytics & IT2
Enterprise Software1
Food & Agriculture1
Clean Energy & Sustainability1

Deal Size Distribution

Purdue Research Foundation: 16 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Purdue Research Foundation: 16 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M11
$5M-$10M3
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Purdue Research Foundation: United States has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Purdue Research Foundation: United States has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
United States16
Purdue Research Foundation: 20 co-investors are shown, with Elevate Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Purdue Research Foundation: 20 co-investors are shown, with Elevate Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Elevate Ventures6
BioCrossroads2
1st Source Capital Corporation1
2048 Ventures1
Abo Ventures1
Ally Bridge Group1
Asymmetry Ventures1
Autodesk Foundation1
BG Space Tech Investors1
Blackbird Capital Group1
Blue Haven Initiative1
Boston Global1
Caravel Ventures1
Cartography Capital1
Casey & Family Foundation1
Commenda Securities1
Den Danske Forskningsfond1
Eli Lilly and Company1
Ellipsis Ventures1
Ellis Family Fund at The Boston Foundation1

Investment Strategy

Purdue Research Foundation: Led accounts for 19% and participating for 81% of round participation.All available history.
Purdue Research Foundation: Led accounts for 19% and participating for 81% of round participation. All available history
CategoryDeals (count)Share (%)
Led319%
Participating1381%
Purdue Research Foundation: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Purdue Research Foundation: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3100%
Co-led00%

Team

Mark Schindel

Entrepreneur In Residence

Michael Shewmake

Purdue FoundryX Mentor

Tom Lebamoff

Executive Mentor