At one year anniversary, New Ventures Facility nears capacity

UW launched it’s start-up incubator, the New Ventures Facility at Fluke Hall, one year ago on February 8, 2012, to provide start-up businesses access to critical lab and office space near the UW campus. Today, it is near capacity with a host of promising, early-stage companies in life sciences, clean tech, and advanced materials. They include:

  • Kitotech Medical is a medical device company, which is developing a proprietary technology for closing wounds, including lacerations and surgical incisions.
  • Lodespin Labs is developing biocompatible Superparamagnetic Iron Oxide (SPIO) nanoparticle contrast agents and tracers optimized for a variety of medical imaging modalities and applications.
  • Nexgenia’s smart, magnetic nanoparticles significantly improve both diagnostic speed and binding sensitivity for IVD and life science applications.
  • Nortis is developing next generation in-vitro systems that will allow scientists to better understand the causes of human disease. These systems represent alternatives to animal testing, promising to accelerate the discovery of new therapeutic drugs and the evaluation of toxic substances.
  • Seattle Sensor Systems is developing instruments and reagent kits for applications where fast detection of specific toxins, pathogens, allergens, or nucleic acid sequences are required. Applications include homeland security, environmental monitoring, medical diagnosis, and food safety.
  • SNUPI is a sensor and services company developing small wireless, battery-powered sensing devices that can detect a variety of home hazards, such as water leaks, smoke, heat, mold, humidity, methane and others. SNUPI sensors are maintenance free and function continually without battery replacement for more than ten years.
  • Soluxra produces advanced polymer materials for application as key components in the next generation of telecommunications, optical computing, and clean energy devices.
  • Training Xchange has created a training platform that helps researchers disseminate their interventions, programs, or tools and increase the visibility of their research findings. Training Xchange also offers practicing professionals a way to learn these evidence-based programs through a range of engaging, active, and unique training options.

“An on-campus facility is just critical,” said UW vice provost for commercialization Linden Rhoads. “Housed here, Aa start-up’s product development team has a much better chance of interacting with the UW faculty and graduate students who originally conceived the core technology or concept. In addition, a major goal is lowering the overall cost of product development by leveraging university expertise and infrastructure.”