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Angel Investing Group Joins Science Center Port Business Incubator

PHILADELPHIA--(July 29, 2010) – Angel investing group Robin Hood Ventures has established an office in the University City Science Center’s Port business incubator. Other new Port residents include: Biologistics Consulting, DMX and Nuvon.

Robin Hood Ventures is a group of experienced entrepreneurs and accredited investors interested in investing and taking an active role in early-stage companies with high return on investment potential. Robin Hood focuses on investing in early stage companies located in the Mid-Atlantic region, primarily scalable companies with intellectual property. Since its inception in 1999, Robin Hood has invested $11 million in 30 companies. BioAdvance, which provides start-up funding for regional life science companies, also has a satellite office at the Science Center.

“By adding resource organizations such as Robin Hood and BioAdvance to the resident mix, we are able to offer our emerging companies access to a crucial piece of the start-up puzzle – funders,” says Stephen S. Tang, Ph.D., President & CEO of the Science Center. Biologistics Consulting is an independent consulting firm specialized in the medical device, biotech and pharma industry. Biologistics Consulting partners with its clients to: expand their business and identify highest potential opportunities, and optimize their supply chain. Biologistics Consulting is the newest participant in the Science Center’s Global Soft Landing program which helps international companies establish a foothold in local life sciences and information technology markets. It joins companies from France, Spain, Germany and the United Kingdom. In addition to its office at the Science Center, Biologistics Consulting has offices in Liege, Belgium.

DMX offers high-quality bioreagents and services including large quantities of high-quality antibodies and other research reagents, customized antibody production and other customized bioreagents and services.

Nuvon’s patent-pending VEGA (Vectored Event Grid Architecture) platform enables timely, complete, and accurate access to point-of-care medical devices and patient care data from any location to communicate without barriers across the spectrum of healthcare delivery locations. Nuvon’s distributed system architecture delivers true biomedical device interoperability across disparate devices, networks, and protocols through an integrated system of intelligent and independently programmable appliances and web-based access. Timely access to patient care data will support better quality, safer, and lower cost healthcare delivery.

About The Science Center The University City Science Center accelerates technology commercialization, regional economic development, and the market availability of life-enhancing scientific breakthroughs by bringing together innovations, scientists, entrepreneurs, funding, laboratory facilities, and business services. Established in 1963 and headquartered in Philadelphia, PA, the Science Center was the first, and remains the largest, urban research park in the United States. It provides services that range from incubator space with fully-equipped laboratories and “plug ‘n play” offices for entrepreneurs to path-breaking programs designed to demonstrate, nurture, and sustain new technology businesses and bring their benefits to the region and the world. For more information about the Science Center, go to www.sciencecenter.org.

Media Contact:

Kristen Fitch

Kristen Fitch

Director, Marketing