Purdue Research Foundation partners with Roadrunner to transform Boilermaker deep tech into startups
WEST LAFAYETTE, Ind. — Purdue Research Foundation (PRF) has signed a memorandum of understanding (MOU) with Albuquerque-based Roadrunner Venture Studios (https://roadrunnerventurestudios.com/) to strengthen their collaboration in moving brilliant ideas to market. Under the agreement, Purdue will supply cutting-edge, deep-tech innovation while Roadrunner will focus on converting Purdue-developed technologies from concept to company.
Roadrunner Venture Studios transforms deep tech into new companies in America, for America. They build companies in the quantum science, space tech, energy, advanced manufacturing and clean tech verticals, all areas in which Boilermakers consistently demonstrate excellence at scale.
“Roadrunner has worked closely with Purdue and its world-renowned scientists and engineers for months now — analyzing ideas, exchanging feedback, and working towards new, breakthrough companies built around deep tech,” said Adam Hammer, CEO and co-founder of Roadrunner Venture Studios. “Now that our relationship is official, it will only deepen and broaden. Top-rate universities like Purdue are the lifeblood of our company creation factory and are critical to American competitiveness.”
The MOU aligns with Purdue’s goal to accelerate licensing opportunities and move Boilermaker innovations from lab to life. At the forefront of connecting Purdue IP to industry partners, the Purdue Innovates Office of Technology Commercialization (OTC) (https://purdueinnovates.org/otc/) has 1,000+ new Purdue-developed technologies available for licensing.
Through the formalized partnership, PRF — through Purdue Innovates — will provide connections to Purdue inventors, founders, and startups, while Roadrunner will provide studio services and incubation funding.
“We are thrilled to announce a formal relationship with Roadrunner,” said Jacob Brejcha, licensing associate in the Purdue Innovates OTC. “This is one more way our team is engaged with the people who can turn Boilermaker IP into novel solutions to real-world problems. If you are a part of the Purdue research community interested in a deep tech startup, we are here to help you succeed and multiply your research impact.”
For more information on commercializing Purdue deep tech, reach out to Jacob Brejcha (JJBrejcha@prf.org (mailto:JJBrejcha@prf.org)) or visit the OTC website (https://purdueinnovates.org/otc/).
About Roadrunner Venture Studios
Roadrunner Venture Studios is a company creation factory. We co-found breakthrough deep-tech ventures with the nation’s most brilliant scientists, engineers, and innovators. Our team gets involved at the earliest possible moment — often when a company is just a whiteboard scribble or a concept modeled in wire-frame — and rapidly accelerates product development, commercialization, and recruitment. We are the ultimate company “starter-kit,” equipping our portfolio companies with everything they need to go from the kernel of an idea to a venture-backed growth engine. Our promise is clear: our founders leave our studio with a company, a check, a customer, and a team.
For more information, please contact pr@varnumstreetstrategies.com.
About Purdue Research Foundation
Purdue Research Foundation (https://prf.org/) is a private, nonprofit foundation created to advance the mission of Purdue University. Established in 1930, the foundation accepts gifts; administers trusts; funds scholarships and grants; acquires and sells property; protects and licenses Purdue’s intellectual property; and supports creating Purdue-connected startups on behalf of Purdue. The foundation operates Purdue Innovates which includes the Office of Technology Commercialization, Incubator and Ventures. The foundation manages the Purdue Research Park, Discovery Park District, Purdue Technology Centers and Purdue for Life Foundation.
For more information on licensing a Purdue innovation, contact the Office of Technology Commercialization at otcip@prf.org (mailto:otcip@prf.org). For more information about involvement and investment opportunities in startups based on a Purdue innovation, contact Purdue Innovates at purdueinnovates@prf.org (mailto:purdueinnovates@prf.org).
Media contact: Polly Barks, phbarks@prf.org (mailto:phbarks@prf.org)