Penn grads develop The Community Grocer to provide hot food for those using SNAP benefits
Penn graduates Alex Imbot ‘20 and Eli Moraru ‘21 were featured in the Inquirer for their non-profit corner store idea, The Community Grocer, which improves food access for those using SNAP benefits.
Penn is the one of the world’s best universities for VC-seeking entrepreneurs, per PitchBook data
PitchBook released its 2023 list of the best universities for founders, and Penn ranked fourth among undergraduate schools with 1,083 founders, 993 companies and $34 billion raised.
Apellis Receives FDA Approval for SYFOVRE™ (pegcetacoplan injection) as the First Treatment for Geographic Atrophy (GA), a Leading Cause of Blindness
Penn spinout Apellis Pharmaceuticals, Inc. received U.S. Food and Drug Administration (FDA) approval for their drug SYFOVRE™ (pegcetacoplan injection).
Penn Spinout and I-Corps Graduate Neuroflow Named as 2023 Fire Awards honorees by PHL Inno
The Fire Awards are PHL Inno’s premiere awards program, showcasing the businesses, institutions and individuals driving the Philadelphia region’s innovation scene forward.
Sixth Annual Pennovation Accelerator Pitch Day
ch of the nine Philadelphia-based cohort companies presented a 5-minute pitch to a live audience, followed by questions and feedback from a panel of judges.
Verismo Therapeutics featured in the Philadelphia Business Journal for recent funding
The cell therapy startup recently raised $17 million to advance its lead immunotherapy candidates in a second pre-Series A round of funding.
Penn Engineering and AlphaThera Expand License Agreement
AlphaThera, a startup company co-founded by Andrew Tsourkas, PhD, entered into an expanded license agreement with Penn.
Verismo Therapeutics raises funding and expands partnership with Penn Medicine
Penn spinout company Verismo Therapeutics has successfully raised $7 million in a pre-Series A round led by BRV Capital Management.
Penn Venture Lab receives $10 million gift for health care entrepreneurship
The goal of the gift, donated by Wharton alum Marc Wolpow, is to create an incubator and accelerator for student ventures in health care.
Philadelphia retains top 30 ranking on list of global startup ecosystems in 2023
In 2022, Startup Genome's Global Startup Ecosystem Report ranked Philadelphia as the 27th-best startup ecosystem in the world and number eleven within the U.S.