Patents and Technology Licensing Activity
Fiscal Year 2023
113 Invention disclosures filed
183 Patent applications filed
27 Patents issued
18 License and options agreements
Since formation of Princeton Innovation in 2020
23 Startups formed from Princeton discoveries
Over $550M in external funding raised by startups
More than 50% of new licenses went to startups
Our community and our world benefit when discoveries and inventions made at Princeton are developed into new products and technologies. Princeton's teaching and research mission is enhanced when our talented students and professors know that their research may make a real-world difference.
The Office of Technology Licensing serves the University's teaching and research mission by facilitating the transfer of technology to society, for the benefit of all. In fiscal year 2023, OTL assisted University researchers with the filing 113 invention disclosures, 183 patent applications, and the issuance of 27 patents. The office enabled the licensing of 18 technologies and the formation of nine startups.
Innovations developed at Princeton include those in biotechnology and pharmaceuticals, ceramics and materials science, chemistry, computers and software, medical devices and diagnostics, and optoelectronics and electrical engineering.