Purdue Foundry
VC Fund
West Lafayette, United States
Purdue Foundry is a VC fund in West Lafayette focused on Health Care and Medical. The Foundry supports faculty, staff and student innovators in all Purdue colleges and departments, and actively engages outside businesses and investors to encourage collaborative research and startup development.
- Total investments:
- 33
- Last investment:
- Lead investor:
- 55%
Last updated:
For AI agents: llms.txt
Industries Purdue Foundry invests in
Stages Purdue Foundry invests in
Countries Purdue Foundry invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Michael Shewmake
|
|||
Investment Focus
Industry
- Health Care 11 (33%)
- Medical 5 (15%)
- Biotechnology 5 (15%)
- Electronics 3 (9%)
- Manufacturing 3 (9%)
Stage
- Grant 9 (27%)
- Seed 7 (21%)
- Pre-Seed 5 (15%)
- Venture - Series Unknown 4 (12%)
- Angel 1 (3%)
Country
- United States 26 (79%)
- Canada 1 (3%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Michael Shewmake
Purdue FoundryX Mentor
|
Purdue FoundryX Mentor | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Anello Photonics is a technology company developing a silicon photonic optical gyroscope to navigate, position, and motion track autonomous applications in challenging GPS-jammed and spoofed environments. The company's technology portfolio spans over 28 issued patents, and over 44 pending patents, and includes an AI-based sensor fusion engine.It serves the robotics, defense, construction, agriculture, and autonomous vehicles industries. | Series B / Nov 18, 2024 | ||
| Trio Pharmaceuticals is a cancer therapeutics company that develops dual-action drugs for immunogenic tumors. These drugs directly stop tumor growth and selectively stop immunosuppression in the tumor without targeting the current immune checkpoint pathways. The company was founded in 2018 and is headquartered in San Diego, California. | $2.2M / Seed / Mar 20, 2023 | ||
| Tactile Engineering develops and manufactures affordable tactile graphics tablets for use by blind and visually impaired individuals. | $1.5M / Venture - Series Unknown / Feb 16, 2023 | ||
| Ixana operates as a wearable hardware company, that develops human-computer interfaces. | $3M / Seed / Nov 29, 2022 | ||
| Verility is developing fertility products that enable us to address the critical demand for the projected need of more meat protein, resulting in improved food sustainability, by helping livestock producers and breeders accelerate reproductive performance through accurate, simple, and cost-effective analysis of animal semen samples at thepoint-of-care as well as ovulation prediction. | $4M / Series A / Jul 27, 2022 | ||
| Monitoring the quality of lifesaving medicines is Novilytic’s mission. We accomplish this via the disruptive use of nanotechnology and cutting-edge science designed for Process R&D and pharmaceutical manufacturing.The Proteometer (Proteoform Meter) is a technology for drug development companies that can provide near-real-time warnings onmolecular structure changes. Like a canary in an old coal mine, the Proteometer serves as our “Canary in the Fermentor.” This technology will be sold in the form of kits that allow customers to convert their LCs into a Proteometer in a short period of time. Training and service all remain the same, including one’s own software, thus ensuring ease of use and speed of adoption. Commercialization efforts are underway as the organization is preparing for an early 2023 product launch. --Novilytic is backed by more than 10 patents (and two pending), partnerships with multiple analytical instrument companies, 2 pharmaceutical consortiums, and analytical science universities.Our talented team includes 5 Ph.D. chemists and engineers who have helped us secure significant patents and other IP. | $1.8M / Seed / May 03, 2022 | ||
| ReproHealth Technologies develops biomedical technology to advance assisted reproduction in agriculture. | $25K / Pre-Seed / Mar 30, 2022 | ||
| Araqev creates software solutions for closed-loop, smart control in additive manufacturing and 3D printing based on machine learning (ML). | $25K / Pre-Seed / Mar 30, 2022 | ||
| Pluto Aerospace develops launch vehicle platforms for rapid economical and reliable access to suborbital flight environments. | $25K / Pre-Seed / Mar 30, 2022 | ||
| KIRI Innovations Science manufacture and distributes phiz 3d scanners that applicable to smartphones and laptops. | Angel / Mar 09, 2022 | ||
| See all 33 investments → | |||
Co-Investors
Elevate Ventures
11 deals together
Purdue Innovates Startup Foundry
11 deals together
Golden Seeds
2 deals together
Gravity Ventures
2 deals together
Houston Angel Network
2 deals together
IU Ventures
2 deals together
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FAQ
What does Purdue Foundry invest in?
Purdue Foundry invests primarily in Health Care, Medical and Biotechnology startups, most often at Grant and Seed stage. Most of the 33 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Purdue Foundry?
Public channels for Purdue Foundry include X (Twitter), the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Purdue Foundry?
The team at Purdue Foundry includes Michael Shewmake (Purdue FoundryX Mentor). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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