IPXI operates a financial exchange focused on intellectual property and offers standardized Unit License Right™ (ULR) Contracts as an alternative to bilateral patent licensing. The company completed a $10 million funding round to build out infrastructure and prepare to issue its first ULR Contract offerings in 2012. IPXI positions its products to improve price discovery, enable transparent reporting, and create more efficient technology-transfer markets. The investment will be used to develop the exchange platform and related trading products. IPXI emphasizes standardized, regulated contracts and the potential to develop related derivatives as the products gain traction. Leadership moves accompanying the financing include naming Gerard J. Pannekoek as exchange Co‑Chairman and adding experienced IP executives to the board to support market adoption.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2011