Ben News

Across Q1 And Q2, Ben Franklin Tech Partners Is Investing Nearly $3M Into 12 Philly-Area Startups

February 7, 2023

Plus, the state-backed investment firm is raising a $25 million fund, similar to the Go Philly Fund from 2019 in partnership with Newtown-headquartered EPAM. It’s a busy start to the year for Ben Franklin Technology Partners‘ (BFTP) Southeastern Pennsylvania branch. The state-backed firm recently announced it’s slated to make investments in seven local startup companies. The […]

Ben Franklin Technology Partners Invests $2M In 7 Philadelphia-Area Startups, Plans New $25M Fund

February 6, 2023

Ben Franklin Technology Partners of Southeastern Pennsylvania is investing $2 million in Philadelphia-area tech and health care startups before setting its sights on a new late-stage fund with a goal of raising at least $25 million — a welcome commitment for local startups as venture capital funding dries up. The investments were made in two […]

Founding Philly Podcast Ep. 12: Ben Franklin Tech Partners Of Southeastern Pennsylvania, President And CEO Scott Nissenbaum

February 3, 2023

Every other week, I share a new episode from my podcast Founding Philly, where I dive into the stories of the innovators, founders and builders who are shaping the Philly startup scene. Are you a founder, aspiring entrepreneur, or business professional? Then this is for you. Listen to their stories and the lessons learned along […]

Ven Raju Named Innovation Works CEO

October 14, 2022

Ven Raju has been named president and CEO of Innovation Works, a North Shore-based seed stage investor in tech startups, replacing Rich Lunak, who is retiring. Mr. Raju, 43, was chosen from among more than 135 candidates nationwide after a competitive search by Korn Ferry, an executive and recruitment firm. His first day of work […]

Pennsylvania’s Innovation Economy Driving Growth

October 10, 2022

A new national report that ranks states for business performance and competitiveness shows Pennsylvania making significant gains over the last year, with technology and innovation among the driving forces behind the economic resurgence. Pennsylvania jumped six spots from 23 to 17 in CNBC’s annual rankings for America’s Top States for Business in 2022, now in […]

The 4th Annual PHL Innovation Picnic Was A Big Success

September 1, 2022

Thank you for making the picnic so special. The PHL Innovation Picnic is a staple in our innovation ecosystem, and you made it possible. We brought together more than 400 entrepreneurs, investors, and community builders for Philadelphia’s largest outdoor networking event dedicated to this audience. You can watch the recap video here. We Raised Over […]

‘Is It The Right Time To Do This?’

July 28, 2022

Omar Mencin, Ben Franklin Technology Partners’ managing director of tech, has some suggestions on whether now is the best moment to build a company — and how the investor can help. As a founder or entrepreneur, when you concentrate hard on the headlines, you’re bound to get a headache. Even amidst the seemingly strange news […]

Philadelphia on The Cusp of Becoming a Top 10 Startup Ecosystem in The U.S., Report Finds

June 15, 2022

Philadelphia has the world’s 27th-best startup ecosystem and ranks at No. 11 in the U.S., according to an annual report by Startup Genome. The city inched forward one spot in both the international and national rankings after coming in at No. 28 and No. 12, respectively, in 2021. This year, the report lauded Philadelphia for […]

Philly is Movin’ on Up in the Top 30 List for Global Startup Ecosystems

June 15, 2022

For the third year in a row, Philly is trending upward on the Startup Genome’s Global Startup Ecosystem Report (GSER) report. After ranking No. 28 on the org’s global list for best ecosystems for startups in 2021, Philadelphia lands at No. 27 in 2022. In 2020, Philly was ranked as the top “emerging” startup ecosystem […]

Welcome new CFO Saniah Johnson!

June 9, 2022

Saniah Johnson joined Ben Franklin this week as our Chief Financial Officer. Previously as a key leader at organizations like Macquarie Investment Management (formerly Delaware Investments), Cigna, and Deloitte, Saniah brings a wealth of experience in finance and corporate development, strategy, mergers and acquisitions, and corporate finance to the Ben Franklin team. Saniah’s board experience […]