Why did we invest in Groq? Because they're not just keeping up with the future—they're defining it. Watch below to see how Groq's groundbreaking advancements in AI and compute technology are shaping industries and delivering unparalleled efficiency. Learn more about Groq and other companies in our portfolio: https://lnkd.in/etxZQWpQ
Purple Arch Ventures (an Alumni Ventures Fund)
Venture Capital and Private Equity Principals
Evanston, IL 7,227 followers
An Alumni Ventures Fund and community for NU alumni & friends.
About us
Purple Arch Ventures is an Alumni Ventures' venture capital fund for alumni of Northwestern that invests in companies with a Northwestern connection. Meet the team: David Beazley, Managing Partner Mike Peri, Partner Lucas Pasch, Principal We are part of Alumni Ventures, America’s largest venture fund for individuals and the #1 most active venture firm in the US and #3 globally (PitchBook 2022). Follow Purple Arch Ventures for content at the intersection of our shared alma mater, venture capital, and entrepreneurship. We are private, for-profit, and not affiliated with or sanctioned by the university.
- Website
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https://av-funds.com/3jUOCW3
External link for Purple Arch Ventures (an Alumni Ventures Fund)
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 51-200 employees
- Headquarters
- Evanston, IL
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Venture Capital, Entrepreneurship, and Alumni Investing
Locations
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Primary
Employees at Purple Arch Ventures (an Alumni Ventures Fund)
Updates
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Congratulations to portfolio companies Nixtla, Epicore Biosystems, DIG Labs (now part of Ollie), You.com, Machina Labs, and Enko® for being featured on Fast Company’s Next Big Things in Tech 2024 list! These visionary companies aren't just shaping the present—they're poised to make a lasting impact on the future. Explore the complete list of innovators below!
In today’s fast-paced world, nearly every sector of the economy is reinventing itself with the latest advancements in technology. As the pace of innovation accelerates, companies both large and small are turning to groundbreaking approaches to create smarter, more sustainable solutions. Yet among the thousands of exciting new developments released each year, a select group of technologies stand out for their ingenuity. These are Fast Company's 2024 Next Big Things in Tech winners. The 138 honorees span 28 categories, including AI and Data, Space and Telecom, and Health. From corporate giants to ambitious startups, each honoree has demonstrated impressive progress—showing both immediate promise and potential to drive lasting change in the years ahead. You might see this dichotomy in some of our winners: Coursera, Electronic Arts (EA), Logitech, Headspace, Houzz, and Discord. It may be the first time you’ve encountered some of these brands, but it certainly won’t be the last. Whether using AI to improve disaster-response efforts, creating a hiking-friendly wearable exoskeleton, or making supply chains more ethical, each of these products, services, and technological breakthroughs reflects fresh thinking that inspires us. Read the full #FCTechAwards list: https://bit.ly/3Cz2HVj
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Oshi is redefining seafood with whole-cut salmon made entirely from plants, crafted using 3D bioprinting. Oshi is on a mission to combat ocean pollution and overfishing while transforming the way we eat. Check out their recent partnership with the Four Seasons Hotels and Resorts in San Francisco! 🐟
Happy launch week of Oshi at the Four Seasons Hotels and Resorts in San Francisco! We are so excited to be partnering with the best hotel chain in the world and can’t wait to see what the future holds for Oshi ❤️🌱🐟 Enjoy this behind the scenes look of the team at Four Seasons Hotels and Resorts doing a training session with our new dishes!!
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Portfolio company Arch Lending is redefining wealth management by giving crypto holders a smarter way to access liquidity. With crypto-backed loans that preserve assets and avoid taxable events, Arch offers a powerful alternative to investors. Learn more: https://lnkd.in/d_SHxDrU
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Unlock crypto-backed loans with Arch Lending. 🪙 Founders Dhruv Patel and Himanshu Sahay reveal how they’re building secure, regulated financial services for holders of alternative assets like Bitcoin, Ethereum, and Solana. Is this the future of finance? Tune in to the latest Tech Optimist episode to find out: https://lnkd.in/e_QKPSyE.
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Portfolio company Earth Funeral offers an eco-friendly end-of-life solution that converts remains into nutrient-rich soil. Families can keep the soil for personal use, such as a memorial garden, or donate it to environmental projects, offering a meaningful way to honor loved ones while supporting sustainability 🌱: https://lnkd.in/etC_upwc.
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Join us as we sit down with three visionary founders—Meg Reiss (SolidIntel Inc.), Anthony Tassone (Truleo), and Janna Wanzdilak (Bundle)—as they share the content that shaped their entrepreneurial journeys: https://lnkd.in/ddH_vgj6.
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Portfolio company iAsk.Ai is redefining "traditional search" with #AI! They recently raised $4.2M to build an AI-powered search engine that rivals Google. With fast, accurate responses, iAsk.Ai offers a more intuitive, user-friendly experience. Learn more below!
Them: "Why would you ever go against Google in search?" Us: "Because AI is disrupting traditional search!" At iAsk.Ai, we're leveraging generative AI to redefine search, and here's how it's going: 📈 500M+ search queries expected by year-end 🎯 65% Gen Z audience – a key demographic that’s reshaping the future of search AND we’re proud to announce $4.2M in seed funding! 🎉 Thank you to all of our investors and Axios for covering our story! 🔗: https://lnkd.in/e9k_Af9E
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Illinois Governor Pritzker recently announced a $1.1M investment to support portfolio company EeroQ Quantum Hardware 's new headquarters in Chicago! Backed by the state’s EDGE program and Illinois Innovation Venture Fund (INVENT), the initiative will expand EeroQ's team and resources to advance quantum computing technology—creating new jobs and solidifying Illinois' leadership in quantum innovation. Read the full press release: https://lnkd.in/eBXJ3R3D.
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The deadline for Purple Arch Ventures Fund 8 is fast approaching, and the team is starting to deploy capital and build the portfolio. Join Managing Partner David Beazley for a presentation on the fund and more. Register now: https://lnkd.in/eCmNt54v.