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Corporate travel has a been a market in need of some desperate transformation. Pana, a CU �鶹ӰԺ spinoff company, hopes to facilitate this change with a $10 million Series A round led by Silicon Valley VC firm Bessemer Venture Partners.

“I think it is a very promising startup,” said Jason Mendelson, co-founder of the �鶹ӰԺ-based Foundry Group. “What they are working on has the potential to save lives, injuries and costs, while also maintaining the mobility independence of its customers.”

CU �鶹ӰԺ served as the University Track sponsor at �鶹ӰԺ Startup Week (BSW) from May 13-17. There were six University Track sessions featuring CU �鶹ӰԺ faculty, staff and alumni.