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. (https://www.purdue.edu/newsroom/releases/2019/Q1/purdue-plant-science-startups-receive-100,000-in-investments.html). Rajesh said "It is truly an honor and a privilege to be the winner of this highly competitive prestigious investment (https://www.agrinovusindiana.com/2019/01/14/purdue-plant-science-startups-receive-100000-in-investments/) and also EPFF investment ($20,000) that are given to novel innovations impacting life sciences 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 that our innovative technology, Loci, solves a real world problem, and secondly, Karyosoft as a potential high growth business. Because of this, we have the responsibility to fulfill 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/)
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.