Exyn Materials, a Pennsylvania University spin-out specialising in drone aircraft, has received $1m from UK-based commercialisation group IP Group.
The deal comes off the back of a commercialisation agreement signed between Princeton and IP last year, which marked the start of an expansion into the US by IP. It also signed pilot deals with Princeton and Columbia around the same time.
Exyn is the first spin-out from Princeton that has been developed in conjunction with IP, which has taken a…
University venture funds are becoming an increasingly important tool for universities to support their ecosystems — here are the new ones launched in 2024.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
