News

Clairways Raises $1.5 Million, Creates 3 Jobs in New Hampshire 848 432 I-Corps Hub: Interior Northeast

Clairways Raises $1.5 Million, Creates 3 Jobs in New Hampshire

Clairways leverages AI to provide a comprehensive, long-term picture of respiratory health for clinical trials and eventually for pulmonary care.

3D animated heart coming off of medical screen.
Vermont MedTech Startup Raises $33M in Funding, Employs 36 in Vermont 2560 1706 I-Corps Hub: Interior Northeast

Vermont MedTech Startup Raises $33M in Funding, Employs 36 in Vermont

Core Map Inc., an I-Corps alumni company out of the University of Vermont, is revolutionizing the visualization and mapping of Atrial fibrillation (AF) and enabling new treatment options that will improve patient outcomes.

Three men smiling, leaning over a railing outside of an office building.
Buffalo AI Startup Secures $1 Million STTR Phase II Grant 2560 2097 I-Corps Hub: Interior Northeast

Buffalo AI Startup Secures $1 Million STTR Phase II Grant

QAS.AI, an I-Corps alumni startup from Buffalo, is at the forefront of developing AI-powered software designed to detect complications during brain surgery—such as impaired blood flow—and predict the success of chosen treatments in real time.

Lygenesis Raises $37 Million, Creates 6 Local Jobs 2560 1709 I-Corps Hub: Interior Northeast

Lygenesis Raises $37 Million, Creates 6 Local Jobs

Lygenesis, a biotech startup based in Pittsburgh, has raised over $37M to create cell therapies
for life-threatening diseases.

Burlington Solar Startup Raises Over $17M 2560 1707 I-Corps Hub: Interior Northeast

Burlington Solar Startup Raises Over $17M

Verde Technologies, an I-Corps alumni startup from the University of Vermont, was recently selected by the DOE Solar Energy Technologies Office (SETO), to partner on an $11.25 million cost-shared award for developing tandem solar modules at the Massachusetts Institute of Technology.

ECM Therapeutics Raises $26 Million, Employs 7 2560 1752 I-Corps Hub: Interior Northeast

ECM Therapeutics Raises $26 Million, Employs 7

ECM Therapeutics, developers of tissue repair gel Hydrogel and biotherapeutic agent Matrix- bound Nanovesicles, has raised $26M and hired a team of 7 at its Pittsburgh headquarters.

Cornell Clean Tech Startup Creates Local Jobs, Opens Manufacturing Facility 1500 1125 I-Corps Hub: Interior Northeast

Cornell Clean Tech Startup Creates Local Jobs, Opens Manufacturing Facility

Heat Inverse’s passive cooling films have the potential to reduce emissions from the electric grid, refrigeration industry, data centers, dairy operations, and more. The I-Corps alumni startup has secured $1,275,000 in Small Business Innovation Research grants from the NSF, along with support from the Launch NY Seed Fund.

Person showing wire and metal colliding.
Rochester Photonics Startup Raises $450,000, Wins SBIR Awards 1920 1080 I-Corps Hub: Interior Northeast

Rochester Photonics Startup Raises $450,000, Wins SBIR Awards

Photonect Interconnect Solutions, a photonics company that is revolutionizing optical connections with innovative laser-based technology, won an NSF SBIR Phase 1, NASA STTR Phase 1, DoD SBIR Phase 1 and is part of the Activate Fellowship Program.

Man working on inside of a jet engine
Rochester Battery Tech Startup Raises $9.5M, Creates 42 Local Jobs 2560 1707 I-Corps Hub: Interior Northeast

Rochester Battery Tech Startup Raises $9.5M, Creates 42 Local Jobs

Located in Rochester, NY, Cellec Technologies creates customized energy storage solutions for aerospace customers that suffer from critical battery failures when operating in extreme environments.

Female doctor explaining something to female patient in a medical facility.
Reia Raises Over $3 Million for Women’s Health Startup 2560 1707 I-Corps Hub: Interior Northeast

Reia Raises Over $3 Million for Women’s Health Startup

Reia is redesigning pelvic organ prolapse treatment options to allow women to reclaim their independence and lifestyle.

Arial shot of facility
Morgantown Clean Tech Startup Raises $5 Million, Creates 13 Local Jobs 2560 1705 I-Corps Hub: Interior Northeast

Morgantown Clean Tech Startup Raises $5 Million, Creates 13 Local Jobs

Iconic Air is a Morgantown, WV based startup offering an emission mapping and analytics platform designed to help carbon consuming companies across the United States identify and address leaks.

Man looking with question in laboratory.
Buffalo Biotech Startup Acquired by Merck for up to $208M 2560 1707 I-Corps Hub: Interior Northeast

Buffalo Biotech Startup Acquired by Merck for up to $208M

Abceutics, an I-Corps alumni company based in Buffalo NY, was acquired by Merck, a global leader in biopharmaceuticals, for a potential consideration of up to $208 million.

Man smiling in front of infographic
Syracuse Startup Battling Plastic Pollution Creates 8 Local Jobs, Raises $1.3M 541 451 I-Corps Hub: Interior Northeast

Syracuse Startup Battling Plastic Pollution Creates 8 Local Jobs, Raises $1.3M

RETRN Bio, a Syracuse-based startup that upcycles plant waste materials into food packaging plastics, raised $1.3 million in grant funding from sources that included USDA/NIFA, NSF STTR, FuzeHub, V4C Climate Tech, and others.

Two men standing in front of large vehicle labeled: KLAW Industries
Binghamton Startup Wins $21.2M NYDOT Contract to Build Cleaner, Cheaper Roads 1365 2048 I-Corps Hub: Interior Northeast

Binghamton Startup Wins $21.2M NYDOT Contract to Build Cleaner, Cheaper Roads

KLAW Industries, a startup based in Binghamton, NY, was selected by the New York State Department of Transportation to partner on a $21.2 million infrastructure project using their innovative material Pantheon™, a carbon-negative replacement for cement in concrete made from waste glass diverted from landfills

Cleaning home table sanitizing kitchen table surface with disinfectant spray bottle washing surfaces with towel and gloves. COVID-19 prevention sanitizing inside.
Cornell Biotech Startup Raises Over $10 Million, Creates 13 Rural Jobs 7952 4503 I-Corps Hub: Interior Northeast

Cornell Biotech Startup Raises Over $10 Million, Creates 13 Rural Jobs

AvantGuard, a Cornell University spinout developing antimicrobial solutions, has raised more than $10 million in funding since participating in the I-Corps regional and national programs.

Photo: Pitt School of Medicine student Adi Mittal meets Katalin Kariko, winner of the 2023 Nobel Prize for Medicine, at the National Collegiate Inventor's Competition.
Astria Biosciences Wins $275K SBIR Award 936 702 I-Corps Hub: Interior Northeast
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Astria Biosciences Wins $275K SBIR Award

Astria Biosciences, which spun out of research conducted at the University of Pittsburgh, is developing the first simple, whole blood-based test to detect the presence and monitor the progression of cerebral aneurysms.  

Empower Equity Awarded $1.2 Million Contract to Revolutionize Air Force Supply Chain  1536 1034 I-Corps Hub: Interior Northeast

Empower Equity Awarded $1.2 Million Contract to Revolutionize Air Force Supply Chain 

I-Corps alumni company Empower Equity (EMPEQ) has been awarded a $1.2 million Direct-to-Phase II Small Business Innovation Research (SBIR) contract from the Air Force’s AFWERX program, which supports technology innovations with air and space applications. 

Car driving on a road.
Charging Ahead: ExoPower Awarded SBIR Phase I Grant  2560 1707 I-Corps Hub: Interior Northeast

Charging Ahead: ExoPower Awarded SBIR Phase I Grant 

ExoPower has received a $251,522 Small Business Innovation Research (SBIR) Phase I award from the National Science Foundation (NSF), marking a significant leap toward revolutionizing the way we power material handling vehicles (MHVs).  

Photo: lithium ion battery
From Ideas to Industry: Exploring Market Potential with the Battery Show Hybrid Course 2560 1707 I-Corps Hub: Interior Northeast

From Ideas to Industry: Exploring Market Potential with the Battery Show Hybrid Course

This fall, researchers developing battery technologies explored the market potential of their innovations in a specialized I-Corps regional course led by the Interior Northeast I-Corps Hub. The course began with two weeks of virtual entrepreneurship training, then moved to an in-person format at the Battery Show conference in Detroit, MI.

Exostellar cloud graphic
Shooting for the Stars: Exostellar Raises $15 Million Series A Round 1912 1236 I-Corps Hub: Interior Northeast

Shooting for the Stars: Exostellar Raises $15 Million Series A Round

I-Corps alumni company Exostellar, a cloud resource optimization and management platform, is on the trajectory to be a star in the tech startup world. Founded by Cornell University computer science professor Hakim Weatherspoon, the company recently announced a successful $15 million Series A round — bringing Exostellar’s valuation to $40 million. 

Photo: GEM Fellows I-Corps Course 2023 cohort.
GEM Fellows Course Aims to Broaden Impact of STEM Innovation 2560 1553 I-Corps Hub: Interior Northeast
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GEM Fellows Course Aims to Broaden Impact of STEM Innovation

IN I-Corps hosted a regional course specifically for GEM Fellows as a part of the Inclusion in Innovation Initiative, which aims to increase participation in I-Corps and commercialization activity among STEM researchers across diverse backgrounds.

Photo: Alexa Schmitz, Ph.D. ’18, (right) co-founder and CEO of REEgen, talks with Brooke Pian, lab director at REEgen, at the Center for Life Science Ventures in Weill Hall.
REEgen Awarded $275K SBIR Grant for Rare-Earth Tech 1140 641 I-Corps Hub: Interior Northeast
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REEgen Awarded $275K SBIR Grant for Rare-Earth Tech

This August, I-Corps alumni company REEgen won a $275,000 Small Business Innovation Research (SBIR) award from the NSF to further refine its technology to more sustainably extract rare-earth elements.

Cornell computer science professor Hakim Weatherspoon helping students.
Through I-Corps, Cornell Research Impacts Beyond the Lab 1920 1280 I-Corps Hub: Interior Northeast
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Through I-Corps, Cornell Research Impacts Beyond the Lab

For Cornell researchers developing innovative, problem-solving technologies, the work doesn’t end in the lab. Discoveries that reach the market can improve society and stimulate economic growth, and Cornell’s robust entrepreneurial ecosystem is there to support innovators who want to make an impact with their research. 

Scientist working with auto robotical machine for testing blood, modern laboratory medical equipment.
Nanopath Secures $10 Million to Commercialize Point-of-Care Diagnostics for Women 1800 1200 I-Corps Hub: Interior Northeast
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Nanopath Secures $10 Million to Commercialize Point-of-Care Diagnostics for Women

I-Corps alumni company Nanopath, which spun out of Dartmouth College, recently closed a $10 million Series A funding round. The funding will support development and commercialization of their biosensing platform that transforms how women’s pelvic and gynecologic infections are diagnosed.

Photo: teams in the 2023 BIO Regional Course
BioTech Innovators Engage with Customers at BIO 2560 1722 I-Corps Hub: Interior Northeast
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BioTech Innovators Engage with Customers at BIO

This June, a group of researchers developing biotechnology innovations conducted customer discovery interviews at the 2023 BIO International Convention (BIO) in Boston through a tailored I-Corps regional course hosted by the Interior Northeast I-Corps Hub (IN I-Corps).

Photo: Photonect's chip technology
Photonect Interconnect Solutions Wins $274K SBIR Award  996 560 I-Corps Hub: Interior Northeast

Photonect Interconnect Solutions Wins $274K SBIR Award 

Photonect Interconnect Solutions, an I-Corps alumni company, recently secured a $274,996 Small Business Innovation Research (SBIR) Phase I award from the National Science Foundation (NSF) for its photonic technology. Pioneering the development of laser adhesion techniques for attaching optical fibers to photonic chips, Photonect is poised to revolutionize data center operations.  

Photo: cleaning spray
AvantGuard Closes $2.85 Million Seed Funding Round  1000 650 I-Corps Hub: Interior Northeast
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AvantGuard Closes $2.85 Million Seed Funding Round 

I-Corps alumni company AvantGuard (formerly Halomine) recently closed a $2.85 million seed funding round with investments from Blue Ledge Capital, SOSV, LaunchNY, and Red Bear Angels.

Photo: ARPA-E Regional Course cohort
Energy Researchers Perform Customer Discovery at ARPA-E Summit 2560 1920 I-Corps Hub: Interior Northeast
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Energy Researchers Perform Customer Discovery at ARPA-E Summit

The Interior Northeast I-Corps Hub (IN I-Corps) led a specialized regional course for energy researchers in March 2023 that involved tailored virtual entrepreneurship training, followed by sponsored travel to Washington, D.C. for the ARPA-E Energy Innovation Summit.  

Hakim Weatherspoon, CEO and co-founder of Exotanium, stands at a conference booth with the Exotanium logo.
Exotanium Secures $12 Million in Series A Funding 1000 650 I-Corps Hub: Interior Northeast

Exotanium Secures $12 Million in Series A Funding

Exotanium, an I-Corps alumni startup offering a cloud resource optimization and management platform, announced that it secured $12 million in a Series A funding round.

A smokestack billows smoke against a blue sky.
With $5M Raise, Iconic Air Launches Carbon Accounting Platform 1000 650 I-Corps Hub: Interior Northeast

With $5M Raise, Iconic Air Launches Carbon Accounting Platform

Iconic Air recently raised $5 million in seed funding and launched its carbon accounting platform, which offers a suite of tools to help companies manage their carbon footprint and achieve net zero emissions.

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