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Category: Startups

Philadelphia Business Journal Features Liz Magill and her Innovation Goals

In an interview about her long-term vision for the university with the Philadelphia Business Journal, Penn President Liz Magill mentions Penn’s breakthroughs in cell and gene therapy.

Philadelphia ranks as one of the top five most active regions for venture capital in 1Q

According to the latest Pitchbook-NVCA Venture Monitor report, the Greater Philadelphia area ranked fifth in the U.S. for the most closed venture capital deals in 2022 and the start of 2023.

REGENXBIO Receives FDA Fast Track Designation for its Novel Gene Therapy Candidate

Penn spinout REGENXBIO received FDA Fast Track designation for its novel gene therapy candidate RGX-202, a potential one-time AAV Therapeutic for the treatment of Duchenne muscular dystrophy.

PCI Promotes Innovation and Startups at the South by Southwest (SXSW) annual Interactive Conference  

It was a great opportunity to share the innovation initiatives coming out of Penn and Philadelphia with a global audience.

Pennovation Accelerator Alumni Develops New Model of 3D Chocolate Printing Press

Ellie Weinstein, Pennovation Accelerator alumni, developed the Cocoa Press to 3D print chocolate.

PACT Enterprise Awards

PCI supported Penn spinouts Interius BioTherapeutics, Verismo Therapeutics, viTToria biotherapeutics, Exyn Technologies, and Avisi Technologies are all nominated for awards.

Nia Therapeutics and Peroxitech Raise Venture Funding

Two Penn spinout companies have recently brought in major investments to help further advance their technologies.

Penn Startups Raising Money in 2023

There are a wide range of Penn spinouts across industries that are working on innovative and transformative products and projects. This is a list of Penn startups currently raising money in 2023.

Exyn Technologies Secures $35M in Series B Funding

Penn spinout Exyn Technologies, a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, had a $35 million Series B round at the end of 2022.

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