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

Exostellar founders Robert Van Renesse, Hakim Weatherspoon and Zhiming Shen

Qualcomm acquires Cornell AI software startup

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Exostellar, a startup born from Cornell research, has achieved an outcome many entrepreneurs dream of – acquisition by a Fortune 500 company.
Man crossing the "valle of death" from the lab to real-world application.

Research becomes reality for biomed startups

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In the life of a technology company that aims to advance health care, the stage between promise and product can feel less like a runway and more like a tightrope.…
Semiconductors stock image

Igniting Semiconductor Innovations: From Jena–Xing Discovery to Commercial Applications

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Ignite, reimagined in FY2021 to expand its scope and impact, has been guided by a clear goal: advancing cutting-edge discoveries toward world-changing solutions through targeted, staged de-risking and acceleration.
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…