Purdue Ag-celerator Invests $100,000 in Two Plant Science Startups

A recent news release from Purdue University stated that, “The Purdue Ag-celerator Fund has invested a total of $100,000 in two plant science startups for the spring round of investments. The recipients are JUA Technologies International LLC, a startup building multipurpose crop dehydrators, and ZeaVaxx LLC, a startup developing a plant-derived nanoparticle that can improve animal vaccines.

“‘The Ag-celerator is moving into the third year in its goal to help Purdue agricultural entrepreneurs commercialize their innovations,’ said Karen Plaut, the Glenn W. Sample Dean of the College of Agriculture. ‘With this funding through Ag-celerator, these startups have the opportunity to continue to advance their technologies to the public.’

“Both startups presented their technology to the Ag-celerator Selection Committee, which includes entrepreneurial and industry professionals from Purdue and beyond, alongside other finalists earlier this month. JUA Technologies International and ZeaVaxx each received $50,000 in funding.”

The update added that, “The Purdue Ag-celerator was founded jointly by Purdue Ventures, Purdue Foundry and Purdue College of Agriculture in 2015. A research advancement initiative, Purdue Moves, supports Ag-celerator with a $2 million fund.

“‘Purdue’s plant sciences startups are advancing quickly throughout the industry, and the Ag-celerator is contributing to this success,’ said John Hanak, Purdue Ventures’ managing director. ‘The selection committee was, as always very impressed by presentations’ high quality, and they deliberated very carefully before choosing ZeaVaxx and JUA Technologies as the recipients for this round of awards.'”

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