These 3 companies are coming to the Pennovation Center - Technical.ly Philly

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Jun. 30, 2016 11:39 am

These 3 companies are coming to the Pennovation Center

The Grays Ferry innovation campus adds a robotics startup and two young healthtech companies.

A rendering of the Pennovation Center, which officially launches in the fall.

(Courtesy image)

Didn’t we say to expect more surprises from the Pennovation Center?

Since we told you Hershey Co. was going to be the inaugural corporate tenant at the 200,000-square-foot Grays Ferry space, three additional companies have been announced as upcoming members of the community.

1. COSY

This artificial intelligence company, a member of 500 Startups’ 17th batch of graduates, just leased the first “Inventor Garage” at Pennovation.

COSY (short for Cognitive Operational Systems) makes robots that navigate retail store floors and manage inventory through beacon-free technology in spaces without access to GPS. The startup is a spinoff of Penn’s GRASP Lab, and is cofounded by Jonas Cleveland and Kostas Daniilidis 

“It feels like the beginning of something special in Philadelphia,” Cleveland said. “The Pennovation Center is the
right place for us to be.”

The entrance to one of Pennovation's Inventor Garages.

The entrance to one of Pennovation’s Inventor Garages. (Courtesy photo)

There are five Inventor Garage spaces along the building’s eastern bank. They can be customized to a company’s needs, and are meant to be a throwback to many garage-inspired startups of yore.

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2. XEED

Alfredo Muniz and Sade Oba, both recent Penn grads, set out to help Parkinson’s disease patients with lightweight sensors that gather accurate information on limb movement.

The idea earned them the inaugural President’s Innovation Prize, and $100,000 to develop their idea, plus a dedicated space at Pennovation for tests and research.

Oba said the space at Pennovation Center will help the company make bigger strides in the early stages of its development.

Muniz, formerly an undocumented immigrant, said XEED’s goal is helping Parkinson’s disease patients understand and monitor their progress.

3. Fever Smart

This wireless thermometer startup founded by Penn undergrads shared the 2016 President’s Innovation prize with XEED. As part of the prize package, it’s also joining Pennovation.

The Fever Smart team (left to right): CEO Aaron Goldstein, CTO William Duckworth, COO Becca Goldstein and CMO Collin Hill.

The Fever Smart team (left to right): CEO Aaron Goldstein, CTO William Duckworth, COO Becca Goldstein and CMO Collin Hill.

“Fever Smart is looking forward to working out of the Pennovation Center as a way to stay connected with the Penn community,” said Fever Smart cofounder William Duckworth. We first told you about the company back in 2014.

Penn President Amy Guttman said the Ivy League institution was glad to welcome these companies to the space, slated to officially open Oct. 28. “They are joining a community of innovators that is taking shape at the Pennovation Center,” she said.

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Roberto Torres

Roberto Torres became Technical.ly Lead Philly Reporter in May 2016. Prior, he was a freelance contributor to Technical.ly and Al Dia News. The native Venezuelan moved to Philadelphia in 2015 after reporting on research at his alma mater, the University of Zulia. Whenever he's not fencing deadlines, he can be found standing in line at Overbrook Pizza in West Philly, running Netflix/Hulu marathons with his wife or reading news from Venezuela.

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