Our Impact

Since our founding in 2017, The Innovation Space has been recognized by Delaware and U.S. legislators and early-stage science entrepreneurs for the critical support we provide through collaboration and expertise. As a result, 140+ life sciences, clean tech, and advanced materials startups have benefitted from our lab space, resources and/or programs, supporting 1,000+ jobs and raising more than $1.2 billion as they work to change the world.

2024 Impact

2024 marked another year of momentum and measurable impact at The Innovation Space. Our startups continued to scale, attract capital, and drive innovation in life sciences, clean tech, and advanced materials. This year, almost 50 companies leveraged our lab space, equipment, and programming to grow their teams, sharpen their strategies, and bring breakthrough technologies closer to market.

Cumulatively, our portfolio has now surpassed $1.2 billion in capital raised, with over 1,000 jobs supported since our founding. In 2024 alone, we welcomed more than 20 new companies to our community and played a direct role in the creation of more than 200 new jobs.

As we reflect on the progress of the past year, we remain focused on what’s ahead: accelerating bold science, deepening founder support, and growing the regional innovation ecosystem.

2023 Impact

Our 2023 Innovation Impact Report is the first such report from The Innovation Space. In these pages, you’ll discover numerous achievements from our portfolio, such as the addition of over 20 new companies, support for more than 50 companies through lab space and/or programs, creation of over 100 jobs, support for 300+ jobs, and raising of over $240M.

It was a year which saw our portfolio reach the $1 billion mark in raised capital as we helped accelerate startups to commercialization. 2023 marked our seventh anniversary, and we’re looking forward to many more critical wins in the years ahead.

What We Offer