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Fiscal Year 2026

Northwestern University had a record year for startup creation in FY2026.

Eighteen new companies launched from Northwestern IP, double last year’s total. They span therapeutics, medical devices, advanced materials, AI, quantum navigation and more.

This year brought 309 new invention disclosures, 581 patent filings, 219 patents issued and 286 executed agreements. It also generated $7.5M in licensing revenue, reinvested in research, faculty and IP.

At The Querrey InQbation Lab, 25 resident startups have raised more than $109M. Q companies have created 1,483 jobs, and The Q awarded $1.3M in proof-of-concept funding across campus partners.

Foundational research at Northwestern keeps moving from lab to market, and we’re positioned to scale the next wave of economic and societal impact.