Purdue Research Foundation
investorPurdue Research Foundation invests in early-stage, Purdue-connected startups across various sectors.
Purdue Research Foundation, through Purdue Innovates Ventures, focuses on early-stage investments in startups linked to Purdue University. Their investment areas include agriculture, deep tech, digital tech, life sciences, and mobility. The foundation supports startups with strategic guidance and funding, aiming to foster innovation and commercialization of technology developed within the Purdue ecosystem.
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Rhea Space Activity raises $6 million to develop GPS-free spacecraft navigation
Rhea Space Activity has secured $6 million in a Series A funding round to enhance its AutoNav navigation software, designed for GPS-free spacecraft operation. This funding will accelerate development of a visual-based system utilizing onboard optical sensors. The technology, originally from NASA Jet Propulsion Laboratory, will be tested on a reentry capsule from Varda Space Industries.