Monday October 15, 2012 0 comments
FORT COLLINS - KromaTiD and OptiEnz Sensors - both spinoff startups at Colorado State University - are new clients of Rocky Mountain Innosphere, a nonprofit technology incubator.
"Innosphere is proud to support Colorado State University startup companies and value our long-standing partnership with the university," said Mike Freeman, RMI's CEO. "Our newest CSU clients are great examples of the effectiveness of CSU Ventures in translating faculty innovations into entrepreneurial enterprises in water innovation and biosciences."
"We look forward to working closely with KromaTiD and OptiEnz Sensors," added Doug Johnson, RMI's vice president of capital access. "These types of advancements in technology are the exact outcomes we had hoped for when forming the public/private partnership with UniverCity Connections."
OptiEnz creates devices that allow users to continuously measure the concentration of organic chemicals, with applications ranging from monitoring pollutants in a river to tracking the level of sugar during beer-making.
The company already has a prototype for continuous monitoring being tested in a variety of settings and is at work on a next generation version for on-site assays.
"We should have our hand-held device prototype in a year, which will only be the size of about four iPhones," said Ken Reardon, CSU faculty founder and OptiEnz CTO.
KromaTiD has developed the first fluorescent paint designed to color a chromatid - one side of a chromosome. Through its technology, scientists are able to see which side of the chromatid has a defect in it, creating a platform for the discovery and detection of chromatid inversions.
"Many human diseases and disorders, such as autism, infertility or cancer, can be helped with this technology because detection rates significantly improve with chromatid paints," said Chris Tompkins, KromaTiD president and CEO. "The Innosphere is a fantastic partner and has provided us with the guidance and service to help our company take the next step into the business world."
For more information, contact Freeman at 970-818-7736.