Rutgers teams with significant accomplishments after I-Corps training
RenewCO2: Follow-on Funding in excess of $2.2 million
Karin Calvinho, PhD, C0-Founder & CTO ; Anders Laursen, PhD, Co-Founder & CEO
RenewCO2 is revolutionizing monomer production from carbon dioxide emissions with its low-cost, energy-efficient, and carbon-negative ECUT technology. The company has amassed federal and state funding in excess of $2.2 million. The team has received SBIR Phase 1 and II, and NJF STTR Phase 1 and NJEDA CSIT SBIR matching grants. They were also finalists in the NASA Co2 Conversion Challenge and won the CleanTech Open Regional competition. The company was one of 100 startups to participate in the Boston location of the annual Mass Challenge Accelerator program. joining others from 21 U.S. States and 9 Countries. The company recently relocated to Somerset, NJ Learn more about the RenewCO2.
2023 Highlights
- 44 Teams Received Regional Training through the NE Hub
- 7 Applied for National I-Corps Teams Training, 5 were accepted and two are awaiting response
- 4 Teams received SBIR/STTR Funding
- 4 Teams received Partnership For Innnovation (PFI-TT) Awards
Rizlab Health was awarded $2.5 million
Zena Therapeutics received $1 million in funded from Foundation Venture Capital Group.