Technium operates as an accelerator with the objective to facilitate the growth of venture-backed companies. Founded in the year 2014 and based in Dallas, Texas, Technium's core approach revolves around serving as a proprietary open platform which enables entrepreneurs and executives to discover, validate, and launch deep technologies daily. The platform stands as a resource for finding technology solutions aimed at addressing both significant global challenges and trivial issues by aggregating and ranking superior technology and talent. The foundational mission of Technium emerged from recognizing the untapped potential in billions of dollars worth of R&D that lay dormant within universities, medical centers, and corporations. The company's modus operandi is to streamline the process by which these innovations can be mobilized to tackle myriad problems. Technium’s platform includes a Challenges Platform where entrepreneurs and corporate executives can uncover new technologies to solve issues they are passionate about. Technium applies proprietary algorithms to aggregate and rank high-quality technologies and inventors, provides proprietary data on technologies via a scout program, and offers validation through an extensive network of domain experts and primary market research, alongside rigorous technical validation studies. Upon successful validation, Technium aids in setting the stage for technology spinouts, creating venture-backed startups through efficient licensing experiences conducive to innovation and game-changing solutions within the BioTech industry. The firm also partners with strategic players, licensees, and inventors during the launch phase to bolster market integration. In line with its investment thesis, Technium believes that innovation, especially in this era, hinges on collaboration between the old guard and new disruptors, thereby accentuating the importance of synergistic efforts for industry reform and advancement.