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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 Inventors Develop Metastructures for Solving Equations with Waves

U.S. Patent No. 11, 494,461 “Metastructures for solving equations with waves” was awarded and issued on Nov. 8, 2022. 

Advisory Board for IoT4Ag Precision Agriculture Research Center Led by Penn Engineering Gains New Industrial Members

oT4Ag, the NSF-funded Engineering Research Center for precision agriculture led by Penn Engineering, has successfully recruited a diverse group of 19 industry leaders and innovative start-ups.

Philadelphia Business Journal Highlights Philadelphia as Hub for Gene Editing

A new Philadelphia Business Journal article explains how in addition to being a hub for cell and gene therapy, the Philadelphia area is emerging as an active player in the field of gene editing.

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.

Philadelphia ranks as the 6th best life sciences market in the US

In CBRE’s 2023 Life Sciences Research Talent report, Philadelphia ranked sixth among the top 25 US life sciences markets, two spots above its number eight ranking from last year.

6 Million NIH Grant Funds New Penn Medicine Research on Cardiac Cell Development

The Penn research team, led by principal investigator Dr. Rajan Jain aims to study how cardiac cells establish and maintain their identity over a lifetime.  

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.

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