Year in review: What Changes Did 2023 Bring Philly’s Tech Community?

This year was full of big tech moments in the Philadelphia region. Here are 14 of the most notable or impactful, from funding to anniversaries to federal recognition.

2023 was filled with fundraising, community gatherings and interesting technology. In Philadelphia, Technical.ly hosted the 13th annual Philly Tech Week, and the city welcomed a new mayor. And across the national tech landscape, we saw artificial intelligence dominate headlines and panel discussions — a trend that isn’t likely to slow down in 2024.

Here is a look back at some of the big moments in Philly tech this year. Did we miss any? Let us know: philly@technical.ly.

Inflation-targeted interest rate increases crushed sky-high tech company valuations.

The transition from growth-at-all-costs to capital efficiency brought waves of tech layoffs, including at high-profile startups, including dbt Labs and Gopuff.

Pennsylvania Broadband Development Authority furthered its plan to disperse at least $100 million in federal funding

PABDA was created in 2022 to create a statewide broadband plan and distribute federal and state funding for broadband expansion projects in the commonwealth’s most underserved areas. At the end of 2022, Executive Director Ben Carson and co. revealed a plan focused on affordability, literacy and education, access, and devices. The authority also completed a five-year action plan for BEAD, which went up for public review in August.

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