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Purdue Research Foundation partners with LA-based venture fund to boost commercialization


By Jesse Schwartz
Published: April 18th, 2018

The Purdue Research Foundation and LA-based investment firm Kairos Ventures have partnered to bring substantial funding support to research, technologies and start-ups at Purdue University.

Kairos will provide early-stage investment and mentorship to incubating Purdue start-ups, as well as opportunities to participate in showcases, start-up competitions and other events that support university entrepreneurship.

“Our investment goals are to build relationships with top tier universities that have well-established start-up ecosystems, because we all believe that research originating from the top minds in academia and industry have the potential to change the world,” says James Demetriades, founder and managing partner at Kairos.

“Purdue University, like the other top-tier universities we partner with, is a proven leader in translating research to successful commercial endeavors,” adds Demetriades. “We look forward to working with Purdue-based companies from an idea all the way to positive impact on our society.”

Under the partnership, Purdue Ventures, an entity that provides funding opportunities for start-ups at the university, may provide matching funds alongside Kairos Ventures’ investments.

“The Kairos partnership with Purdue opens a whole new door for technologies and start-ups coming out of Purdue,” says Dan Hasler, chief entrepreneurial officer at Purdue. “We anticipate that this multi-million dollar collaboration will provide another strong avenue to move Purdue’s life-changing innovations to the marketplace through successful commercialization.”

Source: Purdue Research Foundation

Posted under: Tech Transfer e-News

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