Recent News


Research Park alums took over the Crain’s 20 In Their 20’s List. Three companies that spent time in the Research Park were  Dan Klein with Tiesta Tea, Ashley Moy with Cast21, and Lucas Frye with Amber Agriculture all made the list for their outstanding development in innovation and technology.

Wired In Interview with Andrew Zhang from PhotoniCare

In more ways than one, Champaign-born startup, PhotoniCare is making healthcare more affordable. Andrew Zhang, senior engineer, is a major part of the company’s ongoing successes. PhotoniCare focuses on creating low-cost technology. This includes low light imaging for endoscopic (internal), ophthalmic (eye-related), and otoscopic (ear-related) health situations.

Granular's Expansion in UIRP and Open House

Champaign-Urbana, Ill. —  Granular, a wholly owned subsidiary of Corteva Agriscience™, Agriculture Division of DowDuPont (NYSE: DWDP), is expanding its Midwest regional headquarters in the University of Illinois Research Park.

Vitrix Health

Read the full article on the College of Engineering website.

Congratulations to the official winners of the 2018 Cozad New Venture Competition. Vitrix Health won the grand prize of $25,000 plus several thousand dollars of in-kind prizes at this year’s competition, followed by Agrimy Agriculture, Jetson Robotics, and RingWing, who will all receive incubation space at EnterpriseWorks for 12 months.

Jump Labs in Research Park
Cryptocurrency is at the forefront of today’s marketplace, and Jump Trading’s new startup incubator Jump Labs is right up there in it.  
CATEGORY: Enterpriseworks
Revolution Medicines

EnterpriseWorks graduate, Revolution Medicines, tees up for oncology IND for $56M Series B Venture Capital Investment. The capital has been raised from Nextech Invest, The Column Group, and Third Rock. Current CEO, Mark Goldsmith, said, "We appreciate the strong support shown by our founding and new investors in this signifcant financing that will fuel the advancement of our exciting SHP2 program and innovative pipeline." 

AXIS Capital

Read the full story on Yahoo Finance.

UIRP welcomes Synchrony

Early in April, the University of Illinois welcomed Synchrony to the Research Park. Synchrony Vice-President Ujjval Patel shared with News-Gazette why the Connecticut financial services company came to Champaign-Urbana. Patel, a University of Illinois alum, explains that the community’s impressive talent pool was a huge draw. Our student interns bring an interdisciplinary education with them to the job and this makes all the difference.

Tiesta Tea

Read the full list on Inc. 

Tiesta Tea began its journey as a startup in the EnterpriseWorks incubator at the Research Park, founded by Dan Klein and Patrick Tannous in 2010. The company sells affordable loose leaf tea to American consumers in a variety of fun and delicious flavors. Today, they have been recognized as one of Inc.'s 30 Under 30 Rising stars. 

TENANT: PhotoniCare

Watch the full video on WCIA 3.