
University of Pennsylvania
Investments
14Portfolio Exits
47Partners & Customers
10Service Providers
1About University of Pennsylvania
The University of Pennsylvania provides a model for research colleges and universities. It offers undergraduate schools, and twelve graduate and professional schools, including four in the health sciences medicine veterinary medicine, dental medicine, and nursing. University of Pennsylvania was founded in 1740 and is based in Philadelphia, Pennsylvania.
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CB Insights Intelligence Analysts have mentioned University of Pennsylvania in 1 CB Insights research brief, most recently on Apr 5, 2022.
Latest University of Pennsylvania News
Dec 4, 2023
0 Doctors may be able to improve outcomes for patients with head and throat cancers simply by injecting lidocaine, a common local anesthetic, near the site of their tumors, according to a new study from the University of Pennsylvania. The background: Cells on the surface of your taste buds express proteins called bitter taste receptors (T2R). When you eat something bitter, it activates these proteins, causing them to trigger nerves that send signals to your brain that give you the sensation of taste. However, your mouth isn’t the only place you’ll find T2Rs. Cells in the heart, lungs, brain, and other tissues also produce proteins (for reasons that are not entirely clear), as do various cancer cells. “We know lidocaine is safe, we are comfortable using it, and it is readily available.” Ryan Carey What’s new? In 2022, Penn scientists discovered that many head and neck cancers contain T2Rs and that activating the proteins with bitter compounds triggers cell death. They also identified an association between increased T2R expression and better patient outcomes. In a new study, they reveal that lidocaine can activate T2R14 – a bitter taste receptor found at high levels in many cancer cells – leading to cell death. “As a head and neck surgeon, we use lidocaine all the time,” said co-principal investigator Ryan Carey. “We know that lidocaine is safe, we are comfortable using it and it is readily available, which means it could be integrated quite seamlessly into other aspects of breast cancer care. head and neck.” The big picture: Lidocaine was already suspected of benefiting cancer patients before this study, but researchers weren’t sure why or how it seemed to help. Penn’s study not only reveals that the drug activates T2R14 to trigger cell death, but also identifies two mechanisms that enable this activation: mitochondrial calcium ion overload and proteasome inhibition. “While we are not suggesting that lidocaine can cure cancer… it could provide an advantage to the treatment of head and neck cancer.” Ryan Carey This better understanding of the process could lead to new cancer treatments and pave the way for clinical trials in which the anesthetic is administered alongside standard cancer therapies. “While we are not suggesting that lidocaine could cure cancer, we are galvanized by the possibility that it could provide an advantage in the treatment of head and neck cancer and move the process forward in terms of improving outcomes. treatment options for patients with this difficult form. cancer,” Carey said. We would love to hear from you! If you have a comment on this article or have a tip for a future Freethink story, please email us at tips@freethink.com. Gn Health
University of Pennsylvania Investments
14 Investments
University of Pennsylvania has made 14 investments. Their latest investment was in Interius BioTherapeutics as part of their Series A on May 5, 2021.

University of Pennsylvania Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/18/2021 | Series A | Interius BioTherapeutics | $76M | Yes | Agent Capital, Bain Capital Ventures, BrightEdge, Cormorant Asset Management, Fairmount Funds Management, Knollwood Investment Advisory, Logos Capital, Longwood Fund, Mark Foundation for Cancer Research, Osage University Partners, Penn Medicine, Pfizer Venture Investments, Quan Capital, RA Capital Management, and Tellus BioVentures | 14 |
10/30/2019 | Series B | Tmunity | $75M | No | 5 | |
11/8/2018 | Series A | Cabaletta Bio | $38M | Yes | 4 | |
4/1/2018 | Biz Plan Competition | |||||
3/30/2018 | Grant |
Date | 5/18/2021 | 10/30/2019 | 11/8/2018 | 4/1/2018 | 3/30/2018 |
---|---|---|---|---|---|
Round | Series A | Series B | Series A | Biz Plan Competition | Grant |
Company | Interius BioTherapeutics | Tmunity | Cabaletta Bio | ||
Amount | $76M | $75M | $38M | ||
New? | Yes | No | Yes | ||
Co-Investors | Agent Capital, Bain Capital Ventures, BrightEdge, Cormorant Asset Management, Fairmount Funds Management, Knollwood Investment Advisory, Logos Capital, Longwood Fund, Mark Foundation for Cancer Research, Osage University Partners, Penn Medicine, Pfizer Venture Investments, Quan Capital, RA Capital Management, and Tellus BioVentures | ||||
Sources | 14 | 5 | 4 |
University of Pennsylvania Portfolio Exits
47 Portfolio Exits
University of Pennsylvania has 47 portfolio exits. Their latest portfolio exit was Carisma Therapeutics on March 07, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/7/2023 | Reverse Merger | Carisma Therapeutics | 3 | ||
1/1/2023 | Spinoff / Spinout | BlueWhale Bio | 2 | ||
12/20/2022 | Acquired | 17 | |||
Date | 3/7/2023 | 1/1/2023 | 12/20/2022 | ||
---|---|---|---|---|---|
Exit | Reverse Merger | Spinoff / Spinout | Acquired | ||
Companies | Carisma Therapeutics | BlueWhale Bio | |||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 2 | 17 |
University of Pennsylvania Partners & Customers
10 Partners and customers
University of Pennsylvania has 10 strategic partners and customers. University of Pennsylvania recently partnered with Quantum Motion on November 11, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/11/2023 | Vendor | United Kingdom | Quantum Motion and University of Pennsylvania to Partner on Silicon Qubit Research The partnership 's exchange visits between Quantum Motion and the University of Pennsylvania will establish deeper ties and offer students and academics the opportunity to visit and work in the experimental facilities at the company 's headquarters in London . | 2 | |
10/3/2023 | Partner | India | Wharton Executive Education the Chief Strategy Officer Program in Collaboration with Emeritus | 1 | |
3/30/2023 | Partner | India | Ahmedabad -LRB- Gujarat -RRB- -LSB- India -RSB- , March 31 -LRB- ANI/BusinessWire India -RRB- : Bhupendrabhai Patel , Chief Minister , Gujarat , presided over the concluding ceremony of the Future of Learning Collaborative , an initiative of Anant National University and the University of Pennsylvania 's Graduate School of Education , USA , held on 30th March at the varsity campus . | 3 | |
3/17/2023 | Partner | ||||
3/8/2023 | Partner |
Date | 11/11/2023 | 10/3/2023 | 3/30/2023 | 3/17/2023 | 3/8/2023 |
---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United Kingdom | India | India | ||
News Snippet | Quantum Motion and University of Pennsylvania to Partner on Silicon Qubit Research The partnership 's exchange visits between Quantum Motion and the University of Pennsylvania will establish deeper ties and offer students and academics the opportunity to visit and work in the experimental facilities at the company 's headquarters in London . | Wharton Executive Education the Chief Strategy Officer Program in Collaboration with Emeritus | Ahmedabad -LRB- Gujarat -RRB- -LSB- India -RSB- , March 31 -LRB- ANI/BusinessWire India -RRB- : Bhupendrabhai Patel , Chief Minister , Gujarat , presided over the concluding ceremony of the Future of Learning Collaborative , an initiative of Anant National University and the University of Pennsylvania 's Graduate School of Education , USA , held on 30th March at the varsity campus . | ||
Sources | 2 | 1 | 3 |
University of Pennsylvania Service Providers
1 Service Provider
University of Pennsylvania has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
University of Pennsylvania Team
12 Team Members
University of Pennsylvania has 12 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Scott M. Kleinman | Founder | Current | |
Name | Scott M. Kleinman | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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