We won Ag-Celerator™ Fund too
Carmel, Indiana., December 19, 2018- We are happy to announce that Karyosoft has received competitive Ag-Celerator™ operated by Purdue Ventures. Our Founder/CEO, Rajesh Perianayagam pitched to Ag-Celerator selection committee for investment consideration on demo day in December 2018 and won $50,000 investment. Rajesh said "It is truly an honor and a privilege to be the winner of these highly competitive prestigious investments that are given to novel innovations impacting life sciences and and also EPFF investment ($20,000) back to back. The past winners of these programs are successful start-up companies and I feel great to join the elite club. Most importantly, it is a testimony that investors recognize our innovative technology, Loci, solving a real world problem and our company, Karyosoft, as a high growth potential business. Hence, we have the responsibility to fulfill the investors expectations."
Ag-Celerator™ Fund: Ag-Celerator™, created in 2015, is a $2 million plant sciences innovation fund designed to provide critical startup support for Purdue innovators who wish to commercialize patented intellectual property or Purdue “know-how” technologies. Funding is considered for innovations that impact the life sciences, such as advancing crop traits, generating higher yields, using big data to improve farm management, finding new uses of plants, using precision agriculture, and discovering advanced breeding techniques. Purdue students, faculty and alumni can receive up to $100,000 in funding through the program. Investments are made per semester on a competitive basis. To know more about Ag-Celerator™ Fund, please visit (https://ag.purdue.edu/plantsciences/ag-celerator-fund/)
Karyosoft LLC was founded with a mission to empower biologists with novel software solutions and accelerate innovations in life sciences. We believe scientists should spend less time managing data and more time on answering biological questions that are valuable to their organizations. Our vision is to become industrial leader in providing next generation software solutions in life sciences through our core values of innovation, integrity and inspiration. Karyosoft LLC brings the best and the latest cutting-edge technologies to develop software solutions. Karyosoft LLC is technology start-up headquartered in Carmel, Indiana, USA. (www.karyosoft.com). Please send a mail to firstname.lastname@example.org for further information.