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Wavelogix Secures $3M Investment from Rhapsody Venture Partners
Wavelogix, an Indiana-based startup manufacturing novel concrete strength sensors, has secured $3M in Series A funding from Rhapsody Venture Partners, a Cambridge-based venture capital firm that specializes in hard-tech investments.
Wavelogix’ patented REBEL Concrete Strength Sensors, developed at Purdue University, is the world’s first-ever, completely BREAK-FREE™, real-time, in-place concrete strength sensing solution. Once embedded, the sensors are able to measure in-place strength directly, without any information about the concrete mix. This innovation enables construction engineers to make data-driven decisions, optimizing schedules, reducing costs, and improving jobsite safety.
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Purdue Ventures invests in wearable communication chip company Ixana
Purdue Ventures, which manages multiple early stage investment funds to support Purdue University-connected startups, has invested in Ixana, a company that provides wearable smart devices with the ability to securely communicate with touch.
Purdue Ventures’ investment is part of a larger $3 million seed funding round for Ixana, including backing from EvoNexus, Hack VC, Paradigm Shift Capital, Samsung Next and Uncorrelated Ventures.
Ixana’s high-speed Wi-R silicon chip debuted during the January 2023 Consumer Electronics Show in Las Vegas. The technology is based on patented, published, peer-reviewed research conducted by Shreyas Sen, the Elmore Associate Professor of Electrical and Computer Engineering in Purdue University’s Elmore Family School of Electrical and Computer Engineering and director of Purdue’s Center for Internet of Bodies.