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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

13

Website

prf.org

Investments

Purdue Research Foundation investments
CompanyDateStageLead
Insignum AgTechSep 2025Seed-
StellerianApr 2025Grant-
IdentifySensors BiologicsMar 2025Series ACo-investor
NeuravaApr 2024Seed-
Adipo TherapeuticsJan 2024SeedCo-investor

Key People

Bill Elmore

Board of Directors

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersWest Lafayette, Indiana
Year FoundedN/A

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