PCI Ventures @ Pennovation Works Showcase Shines Spotlight on Penn-Affiliated Startups Making a Difference

PCI Ventures, a division of PCI specifically focused on creating early-stage businesses founded on Penn technology, recently held a showcase at Pennovation Works.

During the showcase, Penn spinouts FloBio LLC and Ghost Robotics spoke about their company growth, and FloBio CEO Jerri Ann Thatcher was presented with the 2022 CEO of the Year Award.

Amongst the participating startups was Axonova Medical, a biotech company founded by D. Kacy Cullen and Douglas Smith that is working on treating peripheral nerve injuries.

Stefanie Modri MSN, RN, C-MNN, co-founder of Vasowatch, was also in attendance. Vasowatch is focused on developing a wearable monitor to provide risk assessment of a postpartum hemorrhage in people who are giving birth. In the last year, the company has brought on a CEO, won two grants and completed a patient study.

Another company at the showcase was Chip Diagnostics, a startup that is developing a lab-on-a-chip platform that addresses the need for rapid, inexpensive, and highly sensitive diagnostics.

Baleena, winner of the 2022 President’s Sustainability Prize and Pennovation’s 2022 Pitch Day, was also in attendance, represented by co-founders Julia Yan and Shoshana Weintraub. Baleena is focused on developing device that traps microfibers in laundry machines to reduce microplastic pollution in the ocean. Since launching a few months ago, the startup has been working on product development, strategic partnerships and setting up a lab.

To learn more about these startups and PCI Venture’s showcase, read here.

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