Biotech developers Animated Dynamics, Predictive Wear and Brightlamp have all secured commitments worth up to $250,000 from Foundry Investment Fund.
Foundry Investment Fund, the Purdue University-focused investment partnership launched by the university’s Research Foundation and medical device supplier Cook Medical, has allocated a maximum of $750,000 in matching funds to three Purdue-allied biotech companies.
Tumour drug response analysis provider Animated Dynamics has secured a $250,000 commitment from the vehicle, while neurological tracking software developer Brightlamp and medical diagnostics-enabled garments maker Predictive Wear will become eligible for up to $250,000 if they raise matching capital from elsewhere.
Foundry Investment…
