CTL Fiscal Year 2024 Facts & Figures

 CTL works diligently with Cornell researchers and innovators by bringing their inventions from the lab to the marketplace. As Cornell’s technology commercialization office, we are exploring new ways to create business opportunities, launching new ventures, and helping to commercialize Cornell technologies. Learn more about CTL’s annual activities and metrics.

Commercializing

109
Licenses & Options

FY2020-2024:
477 Licenses & Options

$22 M
Revenue Generated

FY2020-2024:
$122M Revenue Generated

Venturing

10
New Startups Based on Cornell IP
$418.6 M
Funding Raised by Startups in FY24

Cornell Tech Runway:

  • Neuralenz
  • Kubbly
  • BiaWear

Cornell-licensed Startups:

  • Anova Biomedical
  • Astoria Biologica
  • Carbon to Stone
  • ExoPower
  • Giant Biosystems
  • Graphenode
  • Sacyl Pharmaceuticals

FY2020-2024:
$2.3B Funding Raised by Startups

Accelerating

23
Ignite Gap Funding Projects
Ignite Impact
$180.9 M
Follow-on Funding

Protecting

169
US Non-Provisional Patent Applications
Filed Location 2020 2021 2022 2023 2024
U.S. Provisional 158 163 163 164 143
U.S. Nonprovisional 195 179 164 169 169
International 322 304 318 217 251
Total 675 646 645 550 544
107
US Issued Patents
FY 2020 2021 2022 2023 2024
U.S. 124 127 79 104 107
International 284 191 142 117 144
Total 408 318 221 221 251

Ideating

Panelists during the "Building Bridges from Scientific Discovery to Societal Impact"
34
Educational Programs Offered
Two people talking in front of posters
70
Office Hours
Minglin Ma encapsulation device for type 1 diabetes
313
IP Disclosures

Recent News

TET Medical logo

TETmedical Receives FDA Breakthrough Device Designation for NSE-FAST®, the First Rapid Test Designed to Aid in the Diagnosis of Acute Ischemic Stroke

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TETmedical, Inc. announced that the U.S. FDA has granted Breakthrough Device Designation to its NSE-FAST® (Neuron Specific Enolase — Functional Activity Stroke Test).
Bearers of Innovation Event - Ithaca inventors group photo

Researchers-turned-inventors recognized at Bearers of Innovation celebration 

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The Center for Technology Licensing brought together Cornell inventors in Ithaca and at Weill Cornell Medicine for Bearers of Innovation: A One Cornell Celebration, recognizing those who have disclosed a…
Kanvas Bioscience stock photo of microbiome

Kanvas Biosciences raises $48 million to advance microbiome cancer therapies

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Kanvas Biosciences is taking a major step forward in microbiome therapeutics with the announcement of $48 million in Series A funding.
NPSeal on patient

NPSeal, High-Tech Healing in a Simple Patch

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NPSeal was developed at Weill Cornell Medicine and spun out as Guard Medical, Inc., founded in 2018 and recently acquired.