As protests against systemic racism took over every state in the country, and in cities across the world in the last few weeks, talks of how race and diversity is handled within the tech community highlighted the fact that there’s often fewer funding opportunities for entrepreneurs from underrepresented backgrounds. It’s not a new issue to […]
It started with an email, followed by a tweet, and led to almost half a million dollars in new grant funds for underrepresented entrepreneurs. On May 31, after protests against police brutality and systemic racism began spreading across the country, Philly Startup Leaders Executive Director Kiera Smalls sent an email to a list of roughly […]
It started with an email, followed by a tweet, and led to almost half a million dollars in new grant funds for underrepresented entrepreneurs. On May 31, after protests against police brutality and systemic racism began spreading across the country, Philly Startup Leaders Executive Director Kiera Smalls sent an email to a list of roughly […]
Lawyer/educator/entrepreneur Emily Foote has found her next job title: investor. Foote went through an exit with her startup Practice, the Center City-based edtech startup, in 2017. While fundraising for the company’s Series A in 2016, she told Technical.ly she got familiar with a handful of folks in the investing world, including those over at Osage […]
Early-stage scientific discovery organization The Wistar Institute announced this week that it will open an 8,000-square-foot space at 3.0 University Place at 41st and Market streets to support collaboration among STEM researchers. The space, dubbed the Wistar Discovery Center, will be on the third floor of the building, and will maintain a long-term lease of […]
At $2.5 billion invested across 225 venture financings for the year, Philly’s venture ecosystem closed out 2019 stronger than ever, helping to push the average disclosed round value to $11.2 million. Moreover, the region’s pharma & biotech sector commanded more than $1 billion in overall deal value in its own right last year for the […]
Philadelphia Alliance for Capital and Technologies, better known as PACT, honored tech and healthcare pros and companies at its 2019 Enterprise Awards event on Monday evening at the Kimmel Center for the Performing Arts. The gala — its 26th annual — also awarded the Legend Award to Howard Ross, cofounder of LLR Partners, and the […]
A new report from PACT and PitchBook shows Philadelphia saw a record year of investments in 2018, when $1.4 billion was poured into local firms, the most in a decade. Released by PACT, the report also documented declines in exits and fundraising by venture capital firms. All put together, though, it depicts a region’s that […]
This year, we received nearly 100 applicants for the Inquirer’s third annual Stellar StartUps contest recognizing some of the region’s best new companies. And from them we have 30 finalists in nine categories. The finalists The following is the complete list of 2018 Stellar StartUps finalists. Winners in each category, along with a grand-prize winner, will be announced […]
The Wistar Institute and Ben Franklin Technology Partners of Southeastern Pennsylvania signed a Memorandum of Understanding Friday to work together to accelerate the advancement of early-stage life sciences start-ups coming out of Wistar. Under the partnership, Ben Franklin and Wistar will be developing a mentoring program around technology development for both translational scientists and entrepreneurs. […]