Purdue hits startup milestone with 200+ startups, $350 million funding in five years, nine acquired for $2.3+ billion

Entrepreneurs and investors gather at a startup networking event in the Purdue Railyard, which is one of the largest co-working spaces in the Midwest. (Oren Darling/Purdue Research Foundation)

“Purdue has a 150-year history of producing world-class research. Five years ago we set out to establish an equally strong commercialization ecosystem to ramp up the translation of this research into the market and into real-world solutions,” Purdue University President Mitch Daniels said. “These efforts are clearly beginning to bear fruit, and to encourage us that these gains are just a beginning.”

Video of student startup Helioponix, a company that uses fully automated aeroponic appliance that can grow clean produce using an in-home greenhouse that creates perfect climate conditions for a variety of crops, including spinach, cilantro, arugula and among others.

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