Purdue says startups have raised $96 million over 2 years
Posted March 03, 2016 6:00 am
WEST LAFAYETTE, Ind. (AP) - Purdue University says startup companies based on patented discoveries made at the school have raised $96 million in venture funding over the past two years and created 156 jobs.
The university said in a news release Thursday that a total of 49 startups were involved. Another 39 startups began based non-patented discoveries made at Purdue.
Dan Hasler is president and chief entrepreneurial officer of the Purdue Research Foundation. He said the past two years have been a period intense startup activity at Purdue.
The new companies are based in the engineering, industrial technology, information technology, life sciences, nanotechnology, pharmaceuticals and software sectors.
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