NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Purdue Research Foundation

Purdue Research Foundation

West Lafayette, Indianaprf.org

Overview

Purdue Research Foundation is a private, nonprofit foundation established in 1930 to advance the mission of Purdue University. The foundation manages gifts, endowments, intellectual property, and real estate, and actively promotes entrepreneurial activities. Through arms like Strategic Ventures (formerly Purdue Ventures), it invests in early-stage, Purdue-connected startups in sectors including agriculture, deep tech, digital tech, life sciences, and mobility. The foundation was an early investor in Adipo Therapeutics, a company developing treatments for obesity and Type 2 diabetes that originated from Purdue University research.

Portfolio Companies

5

Website

prf.org

Investments

Purdue Research Foundation investments
CompanyDateStageLead
IdentifySensors BiologicsMar 2025Series ACo-investor
Adipo TherapeuticsJan 2024SeedCo-investor
Adipo TherapeuticsApr 2023SeedCo-investor
NovilyticMay 2022SeedCo-investor
Adipo TherapeuticsJan 2022SeedCo-investor

Key People

Bill Elmore

Board of Directors

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Unlock portfolio analytics

Sign up to view full sector, stage, and valuation breakdowns for this investor.

Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Unlock portfolio analytics

Sign up to explore yearly investment trends and funding raised over time.

FAQ

Firmographic Details

HeadquartersWest Lafayette, Indiana
Year FoundedN/A

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.