Purduefoundry: Purdue Foundry Fund Makes More Investments

The Elevate Purdue Foundry Fund has invested more than $500,000 into 11 Purdue University startups. The funding includes five companies receiving $80,000 each for achieving "Gold Award" investment status. The fund is a joint venture between private venture development organization Elevate Ventures and entrepreneurship and commercialization accelerator Purdue Foundry. Purdue Ventures Managing Director John Hanak says the funding goes to companies...