Georgia Tech’s Office of Commercialization announces a gift from CreationsVC of $375,000 to accelerate the development of space-related and space-adjacent startup companies based on Georgia Tech intellectual property.

Georgia Tech’s Office of Commercialization’s new Quadrant-i unit focuses on the commercialization of Georgia Tech intellectual property. In combination with Georgia Tech’s consistently top-ranked Daniel Guggenheim School of Aerospace Engineering and its newly formed interdisciplinary Space Research Institute (SRI), Quadrant-i is positioned to dramatically boost the output of space-related spin-offs into a burgeoning Atlanta startup ecosystem. A strategic gift from CreationsVC will support these efforts by creating a pilot program that provides funding for the startup projects of five CreationsVC Fellows per year for three years.

CreationsVC is a venture capital firm that specializes in investing in space tech, AI, and related technologies. CreationsVC sponsors Creation-Space, an Israeli-based global innovation hub that is fostering innovation to enable humanity’s expansion beyond Earth. Steve Braverman, who heads CreationsVC, said the gift is focused on "identifying innovative technologies that support research on life in space, combined with a focus on climate efficiency. This will help improve both expansion of space-centric industry as well as efforts that address challenges on Earth.” 

Braverman said he was attracted to Georgia Tech’s focus on entrepreneurship and its track record in aerospace innovation. “I am impressed with the depth and breadth of technical expertise and energized by the passionate commitment of faculty and students to see their innovations have real-world impact. This gift is intended to supercharge efforts over the next three years to launch several startups that can grow quickly and have impact in Atlanta and Israel.”

Quadrant-i has worked closely with the SRI in its formation and made space commercialization an important and embedded pillar of the new activity. “We are thrilled to work with Steve and the CreationsVC team in identifying and accelerating nascent technologies that will have dual-use value propositions in space, climate, and AI applications,” said Quadrant-i’s director Jonathan Goldman. “We have a fantastic well of innovation from our faculty and graduate students and an amazing fountain of entrepreneurial talent from our CREATE-X program for our undergrads. We are excited to see this relationship blossom.”