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  • Rajesh Perianayagam

We won Elevate Purdue Foundry Fund Black award


Carmel, Indiana., December 11, 2018- We are happy to announce that Karyosoft won the highly competitive Elevate Purdue Foundry Fund (EPFF) Black award ($20,000). Our Founder/CEO, Rajesh Perianayagam pitched to EPFF Investment Committee earlier this month. Here are the official news releases: https://www.purdue.edu/newsroom/releases/2018/Q4/seven-purdue-affiliated-startups-receive-investments-totaling-200,000-from-elevate-purdue-foundry-fund.html;

https://www.linkedin.com/feed/update/urn:li:activity:6481222729541525504



Elevate Purdue Foundry Fund (EPFF): Purdue and Elevate Ventures solidified a partnership which provides funding for entrepreneurs-in-residences (EIR) to assist early stage and high growth companies within the Purdue ecosystem. In addition to assistance, in partnership with the Indiana Economic Development Corporation (IEDC), the Foundry and Elevate Ventures developed the Elevate Purdue Foundry Fund (EPFF) which has two stages of capital: Black Award and Gold Award. For the Black Award, EPFF will invests up to $20k in seed stage companies; For the Gold Award, the EPFF will consider investing up to $80k in Black Award winners who meet established milestones. Since its inception in 2014, this strong partnership has helped start over fifty companies and twenty-seven black award investments. To learn more about this fund, please visit https://purduefoundry.com/elevate

About Us Karyosoft Inc. was founded with a mission to empower life scientists with easy to use software solutions for genomics data and accelerate time to market for their innovations in life sciences. We believe life 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 industry leaders in providing next generation customized software solutions that make complex genomics data analytics simple in life sciences research. Karyosoft Inc. is technology start-up headquartered in Carmel, Indiana, USA. (www.karyosoft.com). Please send a mail to info@karyosoft.com for further information.


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