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The Blavatnik Fund For Innovation at Yale Awards $2.5 million to 11 Yale faculty-led projects developing new therapeutics and health technologies

Yale Ventures

THE BLAVATNIK FUND FOR INNOVATION AT YALE AWARDS $2.5 MILLION TO 11 YALE FACULTY-LED PROJECTS DEVELOPING NEW THERAPEUTICS AND HEALTH TECHNOLOGIES

Yale Ventures is pleased to announce the recipients of the 2023 Blavatnik Awards: 11 new Yale faculty-led projects will receive $2.5 million in accelerator funding. The Blavatnik Fund for Innovation at Yale, made possible by a generous grant from the Blavatnik Family Foundation, supports Yale faculty in the commercialization of biomedical and digital health innovations. This year’s recipients will be recognized at a ceremony during the 2023 Yale Innovation Summit on June 1. Since the Fund’s launch in 2017, it has supported 56 projects with a total of $16.3 million in funding. Yale-Blavatnik-funded projects have resulted in 14 spinoff companies that have raised over $250 million in venture funding, and three funded projects have achieved FDA Investigational New Drug (IND) status.

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