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QB3 Garage @ UCSF & Berkeley

QB3 Garage @ UCSF & Berkeley

QB3 Garage is University of California's hub for innovation and entrepreneurship in the life sciences.

OverviewStructured DataIssuesContributors

Contents

ProcessPartnersStartupsTimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
qb3.org/incubators
Is a
Company
Company
Organization
Organization

Company attributes

Industry
‌
Genome editing
Genome
Genome
Proteomics
Proteomics
‌
BioScience
Accelerator
Accelerator
Loading...
Location
San Francisco
San Francisco
Founder
Gray Davis
Gray Davis
Email Address
kaspar.mossman@qb3.org
Founded Date
2000
Business Model
Transaction processing / marketplace
Key People
Gray Davis
Gray Davis

Other attributes

Company Operating Status
Active
Partner Organizations
Procter & Gamble
Procter & Gamble
Bio-Rad Laboratories
Bio-Rad Laboratories
Bayer
Bayer
Roivant Sciences
Roivant Sciences
Sartorius
Sartorius

Founded in late 2000 by the former governor of California, Gray Davis, QB3 is one of four California Institutes for science and innovation. The institute started as an academic endeavor, with operations at the University of Carlifornia campuses at Berkeley, San Francisco, and Santa Cruz. QB3 facilitates discoveries and innovation, in areas like genome editing, genomics data sharing, and proteomics. The institute’s goals include supporting research and training in quantitative biosciences and translating academic research into products and services that benefit society.

Process

The QB3 startup summary of activities for selected startups, provided by Berkeley Law & UC Hastings on a twice-yearly application cycle includes:

  • Incorporation: Startups get eight hours of assistance from Silicon Valley lawyers
  • Services: They receive discounts on a list of services created for entrepreneurs
  • FTO Analysis: The freedom to operate in IP space is confirmed
  • Mentorship: They receive advice and connections from experienced professionals
  • Banking: They are able to open a free commercial account at silicon Valley Bank, which is needed to apply for an SBIR grant
Partners
  • P$G
  • Roivant Sciences
  • Sartorius
  • Bayer
  • Bio Rad
Startups

QB3 explored commercialization through startups. In 2004, Regis Kelly, a former UCSF neuroscientist who was appointed director of QB3, hired Douglas Crawford, a recent UCSF PhD, as associate director. In 2016, they both decided to open the space termed Incubator Lab in UCSF's Byers Hall to life science startups and called it the QB3 Garage. One of the first six companies, True Materials, was acquired for $25 million, and four of the others attracted Series A venture capital rounds.

The institute is supported by MedTech Venture Partners, which funds and supports medical technology entrepreneurs. This fund is associated with the UCSF Rosenman Institute, QB3, and UCSF. In 2009, Reg Kelly and Doug Crawford created Mission Bay Capital (MBC) and raised $11.3 million for MBC Fund I: to provide seed funding to assist QB3 entrepreneurs to de-risk their technologies. After three exits, Kelly and Crawford raised $25 million for MBC Fund II. MBC is independently incorporated and now allied with the MBC Biolabs incubator.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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