CU Startup News
- BizWest—SomaLogic Inc., a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout, and California-based Standard BioTools Inc. have agreed to an all-stock merger deal that is expected to result in a combined company valued at more than $1 billion.
- ArchDaily—Prometheus Materials, a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout inspired by nature, aims to revolutionize the concrete industry by producing zero-carbon bio-cement and bio-concrete. This innovative approach harnesses microalgae to create sustainable building materials, reducing carbon emissions and addressing construction's environmental impact.
- ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ and Ball Aerospace have been collaborating for decades to solve mysteries of the universe. That partnership was also the university’s first commercial spin-off and it greased the gears of an entrepreneurial engine that continues to power innovation within the university and far beyond.
- The Verge—To clean up some of the pollution stemming from its supply chain and data centers, Microsoft is experimenting with new kinds of concrete. In Quincy, Washington, they're working to reduce those emissions with ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ startup Minus Materials with a process using algae to make the limestone used and capture CO2.
- BioLoomics raises $8.7M to drive directed evolution of target degrading antibodies using human cellsPulse 2.0—ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ startup BioLoomics, the company pioneering the directed evolution of target degrading antibodies using human cells, recently announced it has raised $8.7 million in seed financing to advance its proprietary platform technology and antibody degrader programs.
- BizWest—BioLoomics Inc., a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout, has raised $8.7 million in seed financing. BioLoomics is a preclinical-stage biotechnology company pioneering directed evolution of target-degrading antibodies using human cells.
- Forbes—Prometheus Materials, a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout, has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly.
- U.S. Department of Energy—Latimer Controls, a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout, is developing intelligent control software that enables utility-scale photovoltaics (PV) to provide power reliably and on demand. This will replace grid reliance on fossil fuels, drive higher profitability for PV operators and generate revenue increases for solar asset owners with low capital cost.
- Innosphere Ventures—Aspero Medical, a ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ spinout and medical device startup focused on the design and development of innovative technology to improve gastrointestinal (GI) endoscopy procedures, has received clearance from the Food and Drug Administration (FDA) to market and sell the Ancora-SB small bowel balloon overtube.
- Duality Accelerator—The first stage in creating a scalable quantum network requires the consistent generation of photons, the smallest possible quantum of light. Where do these photons come from? If you ask Poolad Imany, founder and CEO of ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ startup Icarus Quantum, he’d say from devices developed by his company.