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Category: Startups

Vetigenics Raises $10 Million for Pet Cancer Treatment Trials 

The company will use the funds to further advance its lead cancer therapies for dogs and cats through pivotal clinical trials.

Agni Semiconductor Receives $5 Million Strategic Investment 

Agni is developing a high speed, low power, multi-bit non-volatile memory based on Penn technology.

Ascidian Therapeutics and Eli Lilly Establish Global Research Partnership 

Ascidian was founded with technology developed by Jean Bennett, MD, PhD.

Exyn Technologies Completes a Successful IPO   

Exyn raised $19.4 million in an initial public stock offering in May.

2025 PACT Philadelphia Venture Report Released  

The report highlighted several Penn spinouts.

Featured Startup: Nairon Energy  

Nairon Energy is building high-voltage sodium-iron batteries to strengthen grid resilience and support long-duration energy storage. 

Ultragenyx Reports Promising Phase III Clinical Trial Results for Urea Cycle Disorder Treatment  

Ultragenyx’s gene therapy DTX301, based on technology invented by Jim Wilson, MD, PhD, Emeritus Professor at Penn Medicine, helped control ammonia levels in patients with a urea cycle disorder.

Previous President’s Innovation Prize Winners Recognized in Technical.ly’s RealLIST 

Both companies are Penn I-Corps graduates. 

Serpent Robotics Wins 2026 President’s Innovation Prize  

Serpent Robotics, founded by Wharton undergraduate Margaret Zhu, is developing an electric, rope‑climbing robotic system.

Avisi Technologies Raises $11M to Advance Glaucoma Treatment

The funding will support Avisi’s pivotal clinical trial for VisiPlate, a novel glaucoma treatment. device

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