BRANFORD, Conn., Dec. 17, 2018 /PRNewswire-PRWeb/ -- ABCT, the Accelerator for Biosciences in Connecticut,
The selected startups were chosen following an extensive screening process. Expert scientists, active investors and business strategists rated the ventures based on metrics such as the strength of the team, uniqueness of insights into the problems they are solving and their capacity to revolutionize the life sciences industry.
The 2019 ABCT 2019 cohort participants and ventures include:
Members of last year's cohort have since accomplished a number of important milestones. Shoreline Biome closed its seed round and secured its first customer sale, as did LifeStyle CX, a lead-generation system for elder care facilities, and SolAware, which developed and distributes sun exposure monitoring systems to towns along the shoreline. Tissue Regeneration Sciences (TRS) closed a seed round based on NYU tissue reengineering technology. B2D2, a concussion diagnostic, will enter clinical trials in Australia in 2019 after spinning out from Weill Cornell's pediatric neurology department. Lambda Vision, a UConn spinout, recently launched one of its experiments into space. For more information on these ventures and their successes, read the Impact Report for ABCT 2018.
ABCT also announced the addition of two new members to its team. Karolyn Rancourt Chamberlin will serve as Head of Mentorship, and Heidi Anderson will assume the role of Head of Coaching.
Finally, ABCT announced that Marcum LLP and Wilson Sonsini Goodrich & Rosati PC join CTNext, Purdue Pharma, Kaneka, Boehringer Ingelheim, Pfizer, Shipman and Goodwin, Wiggin and Dana, and AON as new corporate supporters.
About ABCT ABCT is a competitive-entry, six-month-long program that helps emerging bioscience ventures grow by providing entrepreneurship education and business networking to access global funders and prospective team members. ABCT aims to support the development of Connecticut as a hub of bioscience invention and commercialization by harnessing the creativity and ambition present in the state's academic institutions, spinouts from established institutions and serial entrepreneurs. It connects this talent with scientific experts and business leaders in Connecticut, New York City and around the world. ABCT supports young entrepreneurs by providing them with the education and networks critical to start successful bioscience-based businesses. For more information, visit ABCT.com.
About Design Technologies Design Technologies helps build emergent intellectual property (IP)–focused ventures and founded ELabNYC, the successful biosciences pre-accelerator program in New York City for research institution spinouts. ELabNYC ventures have raised over $300M, including Yiviva, a Yale spinout from Yung-Chi Cheng's lab.
SOURCE Accelerator for Biosciences in Connecticut
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