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Van N. Truskett

Executive Director - Texas Innovation Center

The University of Texas at Austin

Country or State

United States

Bio

BUSINESS IMPACT OVERVIEW • Revolutionized the nanoimprint lithography industry over 14 years with a proven track record of innovation, leadership, and execution for technology development in bio, solar, LED, display, semiconductor, and hard disk drive markets. • Developed cutting edge core technology and led key operations team of a ~$150M venture raised startup company that was acquired by Canon, Inc. • Achieved ground breaking results by providing leadership and direction to cross-functional teams for the release of over 10 nanoimprint lithography products. Results provided higher resolution patterning at lower cost of owner solutions to customers. • Extensive experience related to new product development with critical time constraints sparked interest at other companies, leading to strategic partnerships. • Successfully launched over 6 novel inkjet printhead products, dramatically reducing the drop volume resolution while fulfilling the challenging high volume wafer thru-put requirements. This resulted in more 50 key US and international patents representing the core nanoimprint technology portfolio. INNOVATION & TECH COMMERCIALIZATION IMPACT OVERVIEW • Rebranded and reimagined UT’s Texas Innovation Center to create and foster a community and culture of collaborative research and entrepreneurship. • Developed UT’s Innovation Lab, the first on-campus wet lab incubator for UT startups with an IP-free zone, meaning that new IP created in the lab belongs to the startups. • Developing a front-end innovation ecosystem for UT Austin to commercialize university technologies using needs-driven principles in the med-tech and space tech sectors. • Co-founder of flagship programs: Texas Biodesign, Launch Texas, Startup-In-A-Box • Managed a deep tech portfolio of over 60 university startups derived from research or IP from 2020 to 2022. Current active portfolio of over 30 startups (33% female founders, 12% URM founders). • Assisted UT startups in raising over $140M in funding from 2020 to 2022, including non-dilutive and private capital that has created over 400 jobs from 2020 to 2022.

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Current Position

Executive Director - Texas Innovation Center at The University of Texas at Austin

Degrees

PhD, Chemical Engineering

Skills