(Photo by Michael Moran/OTTO)
Grays Ferry’s Pennovation Center is getting a couple of new tenants.
Biorealize, makers of a desktop bioprototyping platform, and ZSX Medical, makers of a medical device focusing on minimally-invasive surgery, are the latest companies to join the Penn-run, 58,000-square-foot tech transfer hub. Opened in 2016, the spot houses several elements of Penn’s entrepreneurship ecosystem: from alumni-focused venture firm Red & Blue Ventures to the Penn Center for Innovation (PCI).
Anne Papageorge, Vice President of Facilities & Real Estate Services at Penn, said the companies that joined the hub are “developing technologies and products that help improve our lives and our health.”
“The Pennovation Center provides the resources and facilities for these professionals to take their work to the next level,” Papageorge said.
Biorealize CEO Karen Hogan said the company’s move was about having access to “a great space, filled with great minds and great vibes.”
The Penn spinout recently partnered with Puma and the MIT Design Lab to create “next generation athletic footwear, apparel and wearables.” Some of the products were demoed at Milan Design Week 2018.
— Biorealize (@biorealize) April 16, 2018
ZSX Medical CEO Dan Mazzuco told Technical.ly his team of four full-timers and two part-timers settled in at Pennovation in a bid to find connection to other startup founders.
“We benefit from the coworking environment, from that opportunity to collaborate and share the startup experience together,” said Mazzuco, a medical-device industry veteran and an alumnus of Harvard and MIT. “We met some of the companies at Pennovation and really liked it here.”
Aside from the wet lab capabilities that have thus far drawn biotech startups like Biorealize, ZSX Medical and Allevi (fka BioBots), the Grays Ferry incubator has also clustered a group of drone and robotics companies.
3 resources to help vetrepreneurs start their own businesses in Greater Philadelphia
Take a sneak peek inside 3675 Market St., ahead of its fall opening
Johnson & Johnson to open its first US ‘networking hub’ at Pennovation
Say ‘Ahoy’ to the technical opportunities at Vanguard
A look back at Pennovation’s banner year
Here’s why the Pennovation Center has a drone cage
You may just meet your cofounder at Philly Startup Leaders’ bootcamp
Packed with growth opportunities, WSFS Bank moves into Philly
Sign-up for daily news updates from Technical.ly Philadelphia