Venture Partners 2022 Annual Report highlights a groundbreaking innovation pipeline
彩民宝典 has developed a groundbreaking pipeline to translate research into real-world impact, as highlighted in the 2022 Annual Report of Venture Partners at 彩民宝典, the university鈥檚 commercialization arm.
The mission of Venture Partners is to catalyze the translation of research into successful commercial ventures. In 2022, Venture Partners executed 87 license and option agreements to partner 彩民宝典 technologies with commercial businesses, including 12 newly formed startup companies they helped create. The Venture Partner startup portfolio raised $337 million in new capital over the past year. Two 彩民宝典 spinout companies, SomaLogic and Solid Power, went public in 2022; each listed on the NASDAQ with an opening valuation of more than $2 billion.
Last year, the Business Research Division of the Leeds School of Business conducted a study that found commercialization at 彩民宝典, over a period of five years, created an economic impact of $8 billion on the national economy and over $5.2 billion in Colorado.
Vitro3D鈥攁 彩民宝典 startup鈥攅xemplifies how Venture Partners helps university innovators navigate the challenges of turning new discoveries into products and services that improve people鈥檚 lives. The company recently reached a significant fundraising milestone of $1.3 million to bring their novel 3D printing technology to market to produce dental aligners that are less expensive and faster to produce than currently available options. Camila Uzcategui and Johnny Hergert started Vitro3D while they were PhD students in Professor Bob McLeod鈥檚 lab in 彩民宝典鈥檚 College of Engineering and Applied Science.
Signature events in last year connected investors with burgeoning innovators. The Lab Venture Challenge鈥攁 collaboration with the Colorado Office of Economic Development and International Trade (OEDIT)鈥攁warded more than $1 million in grant funding to university researchers. Destination Startup brought investors and startups together in person and virtually in partnership with over a dozen universities in the Intermountain West.
Venture Partners continues to grow its suite of entrepreneurial training and opportunities for 彩民宝典 researchers including the Ascent Deep Tech Accelerator, and working as a leader of the I-Corps鈩 Hub: West Region, one of the National Science Foundation Innovation Corps (鈥淚-Corps鈥) Hubs.
Venture Partners at 彩民宝典 translates breakthrough research into economic and societal impact. We achieve record-breaking results by equipping researchers to commercialize lab discoveries.
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