Founder of the Week: Ronald Angsiy

Here at Weiss Tech House, we celebrate, support, and create innovators and thinkers all across Penn’s campus. In the spirit of our mission to advance technological entrepreneurship, we’ve started our new series:  Founder of the Week. Each week, look forward to new highlights, interviews, updates, and insights from Penn founders. If there’s anybody you’d like to nominate as a Founder of the Week, preferably Weiss Tech House members or alum, let us know here.

This week’s founder is Ronald Angsiy, co-founder of InnaMed, Inc. and Managing Director of Mikhail Capital. InnaMed is a portable blood testing device that can be used at home and is tailored to the individual user to lessen the need of returning doctor’s visits and to increase transparency in data. Ronald met his co-founder at a Weiss Tech House event, and has since then been funded and supported by multiple resources across Penn’s campus. InnaMed won the Y-Combinator Class of Winter 2017 and is a NASA iTech National Award Winner.

Ronald attributes some of his success to several mentors, including the founder of Weiss Labs, Guthrie Gintzler, and his boss at the IBM Think Tank he worked at. “You really need people to believe in you,” Ronald says, and he believes he wouldn’t be where he is today without the support he gained from the community here on-campus.

To find out more about Ronald, watch the full interview here.

 

BioBots is Now Allevi

BioBots, a Weiss Tech House Innovation Fund start-up producing 3-D bioprinters that have revolutionized labs across the U.S., has recently changed its name to Allevi.

Ricky Solorzano, CEO of BioBots, says Allevi was “inspired by our community of users who work every day to make living solutions for humanity’s most important problems- to cure disease, to alleviate suffering, to build with life.” Allevi’s mission is to change the course of medicine for generations to come, and to influence the world with their ingenious product.

Allevi also recently launched a new software that aims to standardize experimental methodology and workflow in the field biofabrication. This new software aims to make bioprinting easier and more accessible. The new software can be found here.

M&T alumnus Alan Cook stars on Shark Tank

Alan Cook on Shark Tank November 5th

Penn is notorious for creating generations of innovators and entrepreneurs that lead the world in their respective fields. Innovation drives Penn students to go above and beyond, and this year’s theme encompasses that. In honor of the Year of Innovation, Weiss Tech House is proud to highlight Penn alum Alan Cook, a mentor to Weiss Tech House who had the extraordinary opportunity to be on Shark Tank this past Sunday.

Alan Cook, who graduated as part of the M&T program in 1995 with a B.S.E. in Mechanical Engineering and a B.S. in Finance and Management, has been a part of multiple entrepreneurial adventures, including Lucky Litter, LLC, which oversaw the development of the ScoopFree automated self-cleaning litter system. In 2012, he sold the company. In addition, Alan co-founded Belle-V LLC with Wharton’s Vice Dean of Innovation, Dr. Karl Ulrich, which produces high-end ice cream scoops.

Alan’s most recent endeavor is called BrilliantPad, the world’s first self-cleaning indoor dog potty. He worked with a Penn Vet School alum, Brett Shorenstein, to develop this product, which has sold over $100,000 on Indiegogo this year and is now available for purchase on Amazon. Despite facing several engineering and logistics problems with his product, he persisted, telling us that “Innovation doesn’t often happen in one magic moment. It is a process of designing, building, testing and iterating over and over many times.” On Sunday, November 5th, an episode of  Shark Tank was aired where Alan had the incredible opportunity to pitch his new product. “Filming Shark Tank was one of life’s most memorable moments and it was totally unreal,” said Alan.

Budding Penn entrepreneurs should follow in the footsteps of Alan, who, during his time at Penn, took “huge advantage of the Penn and Wharton Networks.” Dr. Karl Ulrich is his partner of nearly two decades, and has been instrumental in leading him to “countless people” who have impacted his journey. For all those looking to create and innovate, Alan says “If you think it, you can do it. Don’t let anyone tell you otherwise.”

The Penn Innovation Conference 2017:

 

The Penn Innovation Conference was held on October 20, 2017 at Huntsman Hall in the University of Pennsylvania. The Penn Innovation Conference was hosted by the Weiss Tech House, a student-run tech incubator, aimed at fostering an entrepreneurial environment at the University of Pennsylvania. The Conference featured a variety of resources, opportunities, and networking sessions for its’ attendees.

 

It featured Dr. Kathy Crothall, the Chief Executive Officer of Aspire Bariatrics, numerous early to middle staged start-ups, and a venture capitalist panels. The venture capitalist panel was comprised of Genacast Ventures, Red and Blue Ventures, Seventy Six Capital, and Edison Ventures. Daniel Khasahabi, a graduate student in the School of Engineering and Applied Sciences discussed how he enjoyed hearing from the Keynote Speaker and the Venture Capitalist Panel. He adds that hearing from Dr. Crothall, the founder of four successful start-ups was incredibly inspiring and that the advice provided from the venture capitalists was additionally helpful for young entrepreneurs.

 

The early to middle-stage startups featured at the conference included Lupeer, Blackfyn, Exyn Technologies, and Burrow. TJ, the co-founder of Jefferson’s List, discussed the importance of being prepared in front of a venture capitalist and talked about his plans of licensing the data from Jefferson’s List next. Joost Wagenaar of Blackfynn, tells students that the most “important thing in being successful is the people you bring into the company”.

 

The Venture Capitalist Panel provided helpful advice to students, including the importance of networking early on and finding great co-founders. The conference concluded with a networking session to help students connect with each other.