Purdue Foundry Selects Next Cohort
Studytable
Even though the COVID-19 pandemic put much of Purdue University into hibernation, the Purdue Foundry is still trying to help startup companies get their footing. But they’re doing it virtually.
The foundry has unveiled its second cohort for the Double Down Experiment. This class includes six businesses the university says is ready to reach the next level with innovative technologies.
“In response to COVID-19 and feedback from the first cohort, we’re launching remote coaching for the program,” said Angela Goldenstein, director of growth for the Purdue Foundry. “This is a great opportunity for the entrepreneurs to engage, be vulnerable, and collectively tackle challenges they’re all facing, which is more important now than ever.”
The DDX companies range from finance to food safety to health care. The six businesses were selected from the Purdue Foundry’s ecosystem.
“We have seen such great success from the first cohort,” said Bill Arnold, managing director of the Purdue Foundry. “We are now excited to mentor and provide resources to help this next group grow and achieve new levels of success.”
The six companies selected for the spring cohort of the Double Down Experiment are:
- Adipo Therapeutics LLC – transforming the treatment of diabetes and obesity by converting bad fat to good fat.
- Brightlamp – unlocking the diagnostic power of the pupil.
- Karyosoft Inc. – Google for genomics data.
- Project Process LLC – process improvement in health care beginning with hand hygiene.
- Safe Food en Route LLC – your complete supplier food safety solution
- Zoro Inc. – build credit with a debit card.
The Purdue Foundry is an entrepreneurship and commercialization hub located in Purdue’s Discovery Park District.