The University of Minnesota launched 25 new startups in the past year, continuing its leadership in innovation and entrepreneurship.
A new short video highlights how the University of Minnesota is a national leader in startup creation, ranking among the top four universities in the country for four consecutive years (2021-24). UMN is consistently in the top 15 public universities in the US for five key technology transfer metrics tracked by the Association of University Technology Managers (AUTM): startups, invention disclosures, deals/new licenses, new patent applications, and license income.
“The University of Minnesota is one of only four institutions, public or private, to launch 20 or more startups annually during this period,” said Rick Huebsch, Associate Vice President for Research and Innovation. “This reinforces our position as a powerhouse in innovation and entrepreneurship.”
UMN’s sustained success in startup creation reflects its billion-dollar annual research enterprise and its strong commitment to translating research into real-world impact. Through startup companies and licensing to existing companies, the University provides only cutting-edge solutions in healthcare, climate, and technology as well as economic growth. The past year saw the launch of 25 new startups, including multiple new companies focused in each of the areas of health tech, therapeutics, and sustainability.
Here are few UMN startup examples founded last year:
BrainSpec is revolutionizing brain health diagnostics by making advanced imaging technology more accessible for medical professionals. By leveraging magnetic resonance spectroscopy (MRS), BrainSpec provides noninvasive insights into brain chemistry, helping detect and monitor neurological conditions such as traumatic brain injuries and neurodegenerative diseases.
WhirrlEnergy, a climate tech startup, is developing advanced energy storage solutions to support the transition to renewable power. Its innovative technology aims to improve grid stability and efficiency by enabling more effective storage of wind and solar energy, reducing reliance on fossil fuels.
Optimal Mobility has developed an innovative device that allows children in wheelchairs to engage in activities from a standing position, promoting social interaction and accessibility. This breakthrough, highlighted in a recent CTSI article, not only supports physical health but also fosters inclusivity and participation in everyday activities.
These startups exemplify UMN’s commitment to fostering innovation and translating research into impactful solutions across various industries.