Purdue Ventures

accelerant for growth

As a Strategic Partner to Purdue-Connected early stage and startup companies, we make venture capital investments from Pre-Seed to Series A.

We bring the resources and power of Purdue to build strong networks and portfolios of companies, investors and Purdue alumni to maximize opportunities and impact.

Our Investment Funds

With almost $20million under current management, Purdue Ventures manages multiple pools of capital in collaboration with the University ecosystem and local Corporations enabling Purdue startups to improve the world. In order to support various technologies coming out of the Purdue University as well as student or alumni founders, each fund we manage has a different investment thesis. We invite you to learn more about those funds by clicking the links below.

Purdue Startup Fund

The Purdue Startup Fund is an early-stage, general technology focused pool of capital supported by both the Purdue Research Foundation and Purdue University designed to maximize Purdue’s commitment to serving others through the commercialization of innovations by investing in companies typically as they are beginning to or about to enter their particular market commercially commonly referred to as a Seed stage opportunity. If you are an early-stage, Purdue-connected startup, contact us to learn more about this opportunity.


Established in 2015, the Purdue Ag-Celerator is an investment fund that has recently expanded its thesis to include any startups looking to commercialize Purdue intellectual property or Purdue “know-how” technologies related to or impacting agriculture. Startups with Ag-Tech related to advancing crop traits, generating higher yields, advancing breeding technologies are considered and startups using big data to improve farm management, technologies finding new uses for plants and some food science startups are also eligible to apply.

The Ag-Celerator conducts two pitch competitions of up to $100,000 in dilutive investments each. Click below to earn more about eligibility requirements and application deadlines.

Foundry Investment Fund

Purdue University has been ranked the No. 5 most innovative university in the United States by US News and World Report. Our strong portfolio of healthcare and life sciences innovations is just one example of how we support innovation within our Purdue community and overall ecosystem. The Foundry Investment Fund is a collaboration with a local medical device company supporting life science innovation from medical device through life saving therapeutics established in 2015. While this fund is almost fully deployed, we remain interested in speaking Purdue Connected healthcare and life science start-ups as we manage multiple pools of capital with additional strategies being considered.


$ 0 +M
funding raised for Purdue-connected companies

Forbes, 2020


Most innovative
University in the U.S.
5 years running

U.S. News & World Report, 2022


Startup Creation
in the Nation

IPWatchdog, 2020

Our Team

Eric Steager

Managing Director

Riley Gibb

Associate Director

Contact Our Team!

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