As 2019 got underway and the team at Northpond Ventures started closing deals, they noticed a trend. Three of the startups they invested in that year had all spun out of a place called the Wyss Institute for Biologically Inspired Engineering at Harvard University.
Impressed by the Wyss Institute’s track record of producing investment-worthy innovations in the biotech space, Northpond approached with a proposal: could they fund the Institute’s research directly, to help its budding entrepreneurs navigate the gauntlet of startup formation and get their groundbreaking inventions to market faster? In response, the organizations agreed to create a first-of-its-kind innovation alliance at the Wyss Institute through Northpond’s research-and-development-focused affiliate, Northpond Labs.
