Purple Arch Ventures Newsletter — March 2022
Content at the intersection of entrepreneurship, venture capital, and our Northwestern community.
IN THIS ISSUE: Fund 6 opening soon, read a feature story on Radian Aerospace, recent portfolio company funding rounds, and more.
Fund 6 is Opening in May!
We continue to add new companies into Fund 5 and look forward to sharing more information as we grow our portfolio of ~20-30 deals. If you missed your chance to invest and are still interested in joining us, Fund 6 is opening in May.
Purple Arch Portfolio Updates
Radian Aerospace is developing space systems designed to carry passengers to low Earth orbit and back. Read Feature Story »
Lula is the first all-in-one, ultra-fast delivery platform for convenience stores, transforming them into last-mile, micro-fulfillment centers to dispatch products to consumers via third-party partners. Purple Arch Ventures deployed capital in the company’s recently announced $5.5 million seed round co-led by Ripple Ventures, Outlander VC, and Up Partners.
Motorq is a connected car data and analytics company working with car fleet managers to provide a cloud-based middleware software solution. Purple Arch Ventures deployed capital in Motorq’s $2 million seed round in 2018 and their $7 million Series A in 2020. The company recently announced a $40 million Series B led by Insight Partners.
Alumni Ventures TV
AVTV features companies across Alumni Ventures’ entire portfolio, sharing their stories and asks with our community of 600K+ subscribers. This month, hear founder stories and asks from…
Willow has developed a hands-free, wearable breast pump that has 100% spill-proof, 360-degree mobility. The Willow Pump features an all-in-one, in-bra design with no external cords, tubes, or bottles — to give moms unprecedented freedom. Watch Video »
FOR EXISTING INVESTORS
Thinking of becoming an investor? Access Materials »
Updates From Your Managing Partner
We invite existing investors to visit your Club portal for updates from Managing Partner David Beazley and our team, including webinars and events, Syndications, portfolio news, and exclusive content.
UPCOMING WEBINAR
The Intersection of Technology with Individuals and Societies: A Special AI Event with Dr. Hany Farid
Wednesday, March 16, at 3:00 PM ET
Join an exclusive discussion with leading AI expert Dr. Hany Farid. He will provide an insightful look at the world of AI today, its future, and how it will (and already is) impacting our lives and world.
Campus and Community Update
Northwestern University is among three institutions this year receiving the 2022 Senator Paul Simon Spotlight Award for Campus Internationalization in recognition of a global learning program that helped undergraduate students take part in global virtual internships amid pandemic-induced limits on international mobility. Learn More »
Purple Arch Portfolio Companies in the News
- Parachute Health Releases 2021 State of DME ePrescribing Report (PR Newswire)
- NBCUniversal Partners with Anzu.io to Provide In-game ads for Marketers (MarTech)
- Ion Storage Featured in Wall Street Journal (Business Wire)
- Persefoni and Novata Partner to Provide Private Companies with Comprehensive ESG Data Solution (PR Newswire)
AV Talent Referrals
Interested in joining a cutting-edge startup or know someone who might be? Our portfolio companies are growing and always looking for high-caliber talent. Check out their open positions on our job board. If you find a match, fill out this short form, and we will try to make a personal referral. Visit Job Board »
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Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.