News
U-M startup Genomenon wants to help doctors beat cancer
12/7/2015Like a lot of tech startups, Ann Arbor-based Genomenon has a name that’s a little hard to say and a suite of products that’s hard for non-techies to understand. What’s clear is Genomenon’s overarching mission to help doctors finder the fastest, most effective treatments for patients with cancer and other...
Praktio’s Digital Tools Help Students, Attorneys Navigate Legalese
12/4/2015Anyone who has ever tried to read a contract or service agreement dense with layers of legalese knows it can be a challenge. Turns out law students are often no less confused than lay people, said University of Michigan law professor Michael Bloom, and that’s why he decided to start...
U-M startup Arborlight shines a light forward as it ramps up revenues
11/19/2015When Michael Forbis thinks about sales he doesn’t have to worry about setting sales goals at his startup, Arborlight. “We have shipped more than $100,000 in product in the last four months,” Forbis says. “We have a pipeline of $1.3 million in sales opportunities right now. It just keeps growing...
Pathion acquires U-M energy storage startup Spider9
11/11/2015PATHION Inc. today announced that it has closed an exclusive asset purchase and licensing agreement with Spider9 Inc., a provider of energy storage systems (ESS) and robust software that deliver industry leading reliability and performance. The agreement includes all of Spider9’s intellectual property, licenses, and products. PATHION has begun to...
MTRAC: U-M Program Takes Transportation Innovations from Lab to Marketplace
11/10/2015University of Michigan researchers and faculty developing innovations that address transportation and mobility challenges have a path from the lab to the marketplace thanks to the Michigan Translational Research and Commercialization (MTRAC) Transportation program, which received $1 million to advance university startups in 2015, the program’s second year…
U-M startup Kura Oncology goes public, raises $50 million
11/6/2015La Jolla, California-based Kura Oncology Inc, a biopharmaceutical company focused on treating solid tumors and blood cancers, has raised $50 million for its IPO after pricing its 6.25 million shares at $8 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “KURA.” Citigroup and Leerink...
U-M startups Genomenon and FlexDex place at Accelerate Michigan 2015
11/6/2015After two days of presentations at the Westin Book Cadillac Hotel in downtown Detroit, the winners of the 6th annual Accelerate Michigan Innovation Competition have been announced. At stake was more than $1 million in cash prizes plus awards of services, staffing and software…
U-M startup Rubicon Genomics finds its niche in analysis kits
11/4/2015Emerging tech companies call them pivots, a polite way of describing what is usually a drastic change in operations to figure out how to generate enough revenue to keep the lights on. When James Koziarz, a longtime executive at Abbott Laboratories, came out of retirement to take over as CEO...
Phasiq: U-M spinoff company started with grants gets first outside investment
11/4/2015Ann Arbor-based Phasiq Inc., a University of Michigan spinoff that has been funded to date with large federal grants, has received its first institutional funding, an investment of $36,000 from the school’s student-run Zell Lurie Commercialization Fund…
Genomenon Breaks Through Bioinformatics Bottleneck
11/4/2015Genomenon Inc., a University of Michigan spinoff that is being incubated in the office of technology transfer’s Venture Accelerator on the north campus, has closed on a seed round of $1 million…
ONL Therapeutics: Addressing Retinal Eye Disease
10/20/2015As a clinician and an associate professor of ophthalmology in the Kellogg Eye Center, Dr. David Zacks specializes in disorders of the retina. The problem that fascinates and perplexes him most is this: Even after receiving treatment for retinal disease, patients continue to lose vision. So what are the molecular...
U-M Wireless Integrated Circuits and Systems Group: Making the Internet-of-Things Possible
10/20/2015Experts agree that the next evolutionary phase in computing technology will be the Internet of Things (IoT): tiny, self-powered, edge-of-the-cloud devices that connect people and systems. It is predicted that within 10 years as many as 1 trillion IoT connected devices will be in use—comprising a $14 trillion market. Ultimately,...