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Category: Startups

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.

Penn spinout Peroxitech raises $25M to advance novel drug to treat acute lung injury

Penn spinout Peroxitech raised $25M to further develop its novel drug candidate, PIP-2.

Penn Spinout Verismo Therapeutics Creates New R&D Facility in CIC on Market St

Verismo plans to use this space for its in-house translational research.

Penn Spinout Avisi Technologies Raises $4.06 Million in Seed Round To Be Used to Develop Glaucoma Treatment Device

Avisi was founded in 2017 by Penn students Rui Jing J., the company's CEO, and Brandon Kao and Adarsh Battu, who were studying business and engineering.

Avisi Technologies Closes $4 Million Seed Round to Further Develop Glaucoma Treatment Device

Penn spinout Avisi Technologies raised $4.06 million in a seed round led by Accanto Partners.

Neuralert Technologies included in TIME’s List of the Best Inventions 

The lightweight, non-invasive wristband device can detect the stroke symptoms in as little as 15 minutes.

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