5/25
Innovation
ToxiSense wins 2022 Venture Lab Startup Challenge
ToxiSense wins 2022 Venture Lab Startup Challenge
Four first-year students win the $50,000 Perlman Grand Prize for their sustainable water testing method through genetically engineering plants with bioluminescent properties.
Ellen L. Hanson and Richard E. Perlman commit $10M to create entrepreneurship through acquisition at the Wharton School
Ellen L. Hanson and Richard E. Perlman commit $10M to create entrepreneurship through acquisition at the Wharton School
Their gift will establish Entrepreneurship Through Acquisition (ETA) and support other programming at the Venture Lab.
Improving access to at-home health care
Improving access to at-home health care
With their company Mobility Health, President’s Innovation Prize winners Aris Saxena and Yiwen Li have created a program which connects patients with on-demand health care at their homes.
From wearable light to tech startup
From wearable light to tech startup
Lumify Care, supported by the 2021 President’s Innovation Prize and co-founded by May graduate Anthony Scarpone-Lambert and NICU nurse Jennifferre Mancillas, launched an app in January and expects version 2.0 of its uNight Light later in 2022.
Inspiring people, place, and purpose
Inspiring people, place, and purpose
Penn President Amy Gutmann’s record tenure of nearly 18 years is the University’s most transformative.
From foundational discoveries to profound impact
From foundational discoveries to profound impact
How decades of mRNA research at Penn made powerful new COVID-19 vaccines possible—and opened a new vista for future discoveries.
Investing in Penn’s data science ecosystem
Investing in Penn’s data science ecosystem
Through the Innovation in Data Engineering and Science Initiative, Penn aims to become a leader in data-driven approaches that can transform scientific discovery, engineering research, and technological innovation.
A record-breaking year for innovation
A record-breaking year for innovation
With its highest number of patents issued, commercial agreements, corporate-sponsored research funding, and licensing revenue receipts in a single period, the Penn Center for Innovation experienced a landmark fiscal year.
Penn launches $750M investment in science, engineering, and medicine
Penn launches $750M investment in science, engineering, and medicine
The investment will cover research in novel therapeutics and health-related initiatives, energy and sustainability, data engineering and science, and infrastructure to support physical science research over the next five years.
Celebrating five years of innovation, entrepreneurship, and creativity
Celebrating five years of innovation, entrepreneurship, and creativity
Penn Today marks the anniversary of Pennovation Works, the University’s business incubator and laboratory space, with a look at the evolution of the site, its research and commercialization achievements, and a glimpse into the future.
In the News
Axios
Penn students win over $70,000 to revolutionize water and drug testing
First-year students Aravind Krishnan, Udit Garg, Andrew Diep-Tran, and Aarush Sahni have an idea they believe will transform drug and water testing, and they just won more than $70,000 to help launch it.
FULL STORY →
Technical.ly Philly
Leggy bots, flying bots, building bots: Here’s what Penn’s robotics hub is up to
School of Engineering and Applied Science students past and present, including Gavin Kenneally, Daniel Mellinger, Divya Ramesh, Mickey Whitzer, and Chao Liu, were highlighted for their work at the Pennovation Center. Their efforts were showcased at Philly Tech Week.
FULL STORY →
Technical.ly Philly
A new research center at Wharton wants to make a fintech hub out of Philly
The Wharton School’s David Musto will be heading the new Stevens Center for Innovation in Finance, which will offer research courses and mentorship to students pursuing careers in the fintech sector. “Penn’s unique mission has always been to take on the biggest real-world challenges and opportunities through knowledge-based and data-driven innovation,” said President Amy Gutmann.
FULL STORY →
Philadelphia Citizen
Second (science) city no more
Kevin Mahoney of the Perelman School of Medicine and the Health System said Philadelphia is “creating new history” with its efforts to catch up to other major cities known for innovation. Penn is leading the way with investments designed to create jobs, fund research, and keep talent local.
FULL STORY →
Philadelphia Inquirer
Penn Makes Third Big Biotech Bet, Helping to Raise $53M for Carisma
Cancer-fighting biotech company Carisma Therapeutics Inc. is the latest addition to Penn’s recently-announced investment plan. Roy Rosin, CIO at Penn Medicine, said, “Penn’s commitment is pretty exciting for this region.”
FULL STORY →
Philadelphia Inquirer
Penn Invests $50 million in Biotech in a Bold Bid to Build Philly’s Innovation Cluster
Kevin B. Mahoney of the Perelman School of Medicine and UPHS confirmed Penn’s plans to invest in biotech companies, with long-range goals “to create jobs, synergy and an innovation cluster around Penn technology and spin outs.”
FULL STORY →