The Licensing & Ventures Group is the University of Virginia intellectual property management and innovation commercialization organization for UVA’s research portfolio (lvg.virginia.edu). Founded in 1977 as a 501(c)(3) UVA affiliated foundation, UVA LVG receives ~200 invention disclosures, executes ~80 commercial transactions, and launches 5-7 new companies each year.
Our mission as an organization is to maximize the intellectual, societal, and economic impact of UVA discoveries via commercialization to enrich and improve lives for the University, the Commonwealth, and the world.
Our mission as an organization is to maximize the intellectual, societal, and economic impact of UVA discoveries via commercialization to enrich and improve lives for the University, the Commonwealth, and the world.
Location: United States, Virginia, Charlottesville
Employees: 11-50
Founded date: 1977
Portfolio 39
| Date | Name | Website | Total Raised | Location |
| - | Dexcom | dexcom.com | - | United Sta... |
| - | MPSC | heroscore.com | - | United Sta... |
| - | Vibratess,... | vibratess.com | - | - |
| - | Springbok ... | springbokanalytics.com | $8M | United Sta... |
| - | TearSoluti... | tearsolutions.com | $3M | United Sta... |
| - | HKL Resear... | hkl-xray.com | - | United Sta... |
| - | WarmHealth... | wht.care | - | - |
| - | NeuroView ... | neuroview.co | - | - |
| - | Adult Medi... | amp3d.biz | - | - |
| - | Cellular M... | cellularmaterials.net | - | - |
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Mentions in press and media 5
| Date | Title | Description |
| 09.04.2024 | VIPC Awards CCF Grant to University of Virginia for Expanded Entrepreneurial Support | CCF funding will support growth of the UVA Licensing & Ventures Group and collaboration with local entrepreneurial support organizations. Our program was purposefully designed to bring together individuals with significant knowledge, ex... |
| 19.01.2021 | Slate Bio Closes $1.75 Million Seed Financing | Slate Bio, Inc., announced today the closing of a $1.75 million venture financing. Epidarex Capital led the investment round with participation from the UVA Licensing & Ventures Group Seed Fund, Center for Innovative Technology’s GAP Bi... |
| 20.06.2019 | UVA Venture Group Keeps Rolling With a Local Biotech Investment | A startup co-founded by University of Virginia alumni has earned the ninth investment coming out of the school's Licensing and Ventures Group. The UVA LVG announced an investment for undisclosed terms in Direct Spinal Therapeutics Inc., a C... |
| 07.02.2018 | Biotech with treatment for chronic dry eye disease tied to diabetes raises seed capital | The $500,000 seed round comes from two funding sources supported by Pennsylvania: Life Sciences Greenhouse of Central Pennsylvania (LSGCP) and a branch of the state economic development arm Ben Franklin Technology Partners/Central and North... |
| - | Biotech with treatment for chronic dry eye disease tied to diabetes raises seed capital | Biotech startup Ocunova, a spin-out from the Penn State University College of Medicine, has closed a fresh round of seed funding to support clinical trials for a treatment aimed at a chronic dry eye condition related to diabetes. The treatm... |