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

Alexa Schmitz founder of Reegen

Cornell-licensed company REEgen and RETRN Bio to establish local manufacturing space

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REEgen, a Cornell spinout that engineers bacteria to extract rare earth elements from industrial waste with technology licensed from Cornell, will scale up at a new development on Ithaca’s South…
1. FY25 report - cover page

Cornell CTL Releases FY25 Technology Commercialization Report

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Cornell’s Center for Technology Licensing (CTL) has released its FY25 Technology Commercialization Report highlighting new startups, licensing activity, and the programs helping move research discoveries from the lab to real-world…
DNA sequencing stock photo

Inso Biosciences Developing Rapid Microfluidic Sample-to-Library Workflow for Nanopore Sequencing

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Researchers from Cornell-licensed startup Inso Biosciences and the University of Washington have developed a technology for isolating high-molecular-weight DNA and preparing libraries for nanopore sequencing directly from samples in a…
Hazel Szeto headshot

The Winding Road from Bench to FDA Approval for First Mitochondria-Targeting Drug

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In September, the U.S. Food and Drug Administration formally approved elamipretide as a treatment for Barth syndrome under an expedited process for rare diseases. The achievement is the realization of a two-decade-long…