A startup company launched by researchers at Waterloo Engineering won $50,000 this week in a pitch competition for cancer innovations.
Air Microfluidic Systems was co-founded last year by Carolyn Ren, WIN member and a professor of mechanical and mechatronics engineering, and one of her graduate students, PhD candidate Run Ze Gao.
Gao, CEO of the Waterloo-based company, delivered the winning pitch at the Falcons’ Fortune event staged by FACIT, a commercialization venture firm for cancer innovations in Ontario.
His presentation involved the development of an active compression sleeve – enabled by air microfluidics – to prevent lymphedema, or severe pain and swelling of the arms and legs, caused by lymph node damage or removal during treatment for breast cancer.
'Cultivating emerging entrepreneurs'
Six entrepreneurs were picked as finalists to pitch their innovations at the eighth-annual event to a panel of experienced investors in the field.
“Cultivating emerging entrepreneurs and highlighting exciting startups and innovations, like the ones we recognize and celebrate today, are important milestones in the future impact on patients living with cancer,” Dr. David O’Neill, president of FACIT, said in a media release.
Ren is director of the Waterloo Microfluidics Laboratory, where Gao is working on his doctorate.