Technologies developed at the University of California, Davis, enabled the foundation of 14 startup companies during the fiscal year ending June 30, 2019.
“Research universities like UC Davis are a key source of vital innovation for numerous industries,” said Prasant Mohapatra, vice chancellor for research at UC Davis. “These startups are undertaking the important first steps in developing and refining the commercial potential of their inventions. It’s exciting to see such a wide range of entrepreneurial undertakings based on our campus innovations.”
Several of the startups are focused on technology solutions addressing important societal needs, including data management for the agriculture industry, software for fraud prevention, and distributed and immutable ledger technology for vital records such as birth certificates.
Many are developing potential solutions to address serious health challenges.
Delix Therapeutics, founded by David Olson, an assistant professor in the Department of Chemistry and the Department of Biochemistry and Molecular Medicine, is an example of such a company. It is investigating whether neural plasticity-promoting drugs could lead to new treatments for depression, anxiety and related disorders without the unwanted hallucinogenic effects of such molecules.