CU Startup News
Fierce Biotech鈥擮nKure Therapeutics, a CU 抖阴传媒在线 spinout, has merged with Reneo Pharmaceuticals, jumping onto Wall Street with $120 million and a lead breast cancer treatment challenging the likes of Eli Lilly, Relay and Scorpion. The merged biotech will retain OnKure's name and is set to trade under the ticker 鈥淥KUR.鈥
BizWest鈥擳hink Bioscience, a CU 抖阴传媒在线 spinout, has raised a $26 million seed round鈥攊ncluding a recently completed $6 million expansion of the initial fundraise鈥攖o develop small-molecule therapeutics that target 鈥渦ndruggable鈥 proteins.
BizWest鈥擫eaders of 抖阴传媒在线's and the university's life-sciences community who gathered at the BioFrontiers Institute at CU 抖阴传媒在线 for a BizWest CEO Roundtable said they saw Pfizer鈥檚 recent departure as a lucrative opportunity.
2023 was another tremendous year for innovation at the University of Colorado聽抖阴传媒在线. Campus researchers and inventors created a strong crop of 162 breakthrough technologies this past year. These spanned the breadth of CU 抖阴传媒在线鈥檚 research expertise, with innovations in climate tech, biotechnology, quantum science, optics and aerospace, to name a few. CU 抖阴传媒在线's commercialization arm, Venture Partners at CU 抖阴传媒在线, supports a聽groundbreaking pipeline translating聽research into real-world impact, as highlighted in their 2023聽Annual Report.聽
New Venture Challenge鈥擳he 2024 New Venture Challenge (NVC) culminated in a final showcase on April 17 in front of a live audience cheering on the 抖阴传媒在线鈥檚 next big innovations. At an event filled with great ideas and even greater entrepreneurial spirit, five teams competed for $165,000 in prize money. BioSensor Solutions, part of the first cohort of the Embark Deep Tech Startup Creator聽launched by聽Venture Partners at CU 抖阴传媒在线, won fourth place in the competition.
Within minutes, a laser-based device the size of a small suitcase could spot dangerous aerosols and alert safety crews. That's the vision of a team of engineers and chemists at CU 抖阴传媒在线, the California Institute of Technology, UC Santa Barbara and three companies. Frequency comb lasers can act like fingerprint scanners for aerosols, teasing out the signals from even minute concentrations of particles or gases in the air. The team includes LongPath Technologies, a CU 抖阴传媒在线 spinout that uses these tools to search for methane leaks at oil and gas facilities.
Deming Center for Entrepreneurship鈥擳he New Venture Challenge (NVC) and Deming Center for Entrepreneurship teamed up to present the NVC Women Founders competition, awarding $10,000 to groundbreaking new ventures. SuviCa and PrecisionTerra鈥擟U
The New Venture Challenge (NVC) and Venture Partners at CU 抖阴传媒在线 teamed up to present the NVC Deep Tech competition, awarding $53,000 to groundbreaking new ventures.
Venture Partners at CU 抖阴传媒在线 and the university鈥檚 Industry and Foundation Relations (IFR) team brought together dozens of stakeholders in the renewable energy and storage ecosystem to discuss innovations, issues and opportunities in the vibrant sector.
LongPath is harnessing quantum technology to detect methane emissions from oil and gas operations, innovation that benefits industry and investors鈥攁nd the planet. Most recently, LongPath received landmark financial backing from the Department of Energy (DOE) for a loan of up to $189 million to accelerate the scale-up of the company鈥檚 monitoring systems.