A joint venture between the University City Science Center and Drexel University is providing its second round of funding to four minority-founded, Philadelphia-area startups ranging from fintech to health care. The Raynier Seed Fund focuses its financing on up to four underrepresented entrepreneurs annually with each receiving $25,000. The startups in this year’s group are […]
13 Philadelphia-area startups ready to reach new heights in 2023 Despite a somewhat tumultuous 2022, Greater Philadelphia’s startup ecosystem has continued to flourish. This past year, startups and their founders adapted after a record-setting 2021 that saw the region post its largest annual funding total to date. The first half of 2022 was almost equally […]
Philadelphia’s ever-expanding healthcare industry was a key topic of discussion during last week’s B.PHL Innovation Festival. A team of local titans in business, healthcare and science, including Comcast, Independence Blue Cross, and the University City Science Center, organized the three-day, citywide festival that attracted thousands of attendees across nearly 200 sessions. Through curated panel discussions, interactive workshops and other events, the […]
Ben Franklin Technology Partners (BFTP), the region’s largest tech investor, just won a $633,555 grant from the U.S. Department of Commerce’s Economic Development Administration (EDA) to support the development of a new life sciences innovation cluster. The grant will be matched with more than $600,000 in funds from BFTP and its local partners and will […]
Who: Philadelphia-based bioprinting company Allevi wants to help scientists create everything from cells and bones to limbs and major organs in the lab. The company, formerly known as BioBots, rebranded in 2017 after the departure of one of its original co-founders, leaving chief executive officer Ricky Solorzano at the helm. Solorzano has continued to pursue […]
Who: Astarte Medical wants to improve care for preterm babies. The Yardley-based company was founded six years ago by Tracy Warren and Tammi Jantzen, two former venture capitalists who recognized that women’s and pediatric health are underserved categories of investment. They had spent years funding companies aimed at improving tech-enabled healthcare for women and children, but it was a chance […]
Ben Franklin Technology Partners (BFTP) is a force for investment in the region’s early-stage tech companies. The organization has invested in 4,500 Pennsylvania-based tech companies since its inception and has a portfolio that boasts $354 million in funding raised in 2018 alone. But BFTP’s chief executive officer RoseAnn B. Rosenthal believes in doing more than […]
This year’s PHL Innovation Picnic pulled in more than 800 registrants from all across the Philadelphia region’s tech and innovation communities. As attendees celebrated the wins of Philly’s entrepreneurial ecosystem with games, food, drinks, music and fun, they also raised funds for some of the region’s most well-known tech and business education nonprofits. Picnic attendees […]
The sun will eventually come out, and when it does, it’ll probably be just in time for the PHL Innovation Picnic. You know, that Navy Yard event that basically everyone in Philly’s startup community attended last year? It’s back for a second year next month, and tickets are already on sale. The early summer shindig is meant […]
Philadelphia wants the world to know that it’s not the Silicon Valley of anything, and down in Austin, Philly entrepreneurs are practically screaming this out on every busy downtown block at South by Southwest this year. The “not Silicon Valley” attitude is also how Philadelphians welcomed the rest of the world to its first ever […]