A Westmoreland County e-waste recycler has not only weathered recent upheavals in the technology industry that drove similar companies in North America out of business but says it is poised to continue growing. “We’ve had growth of at least 50 percent every year for the past three years, and we expect to do that again […]
Fischer Block, founded by electrical engineer Greg Wolfe, secured $300,000 in seed cash at PACT’s IMPACT 2016 conference and its “Shark Tank” of sorts, the Lion’s Den). And this week, the firm secured another round of investment in the six-figure range from the Broad Street Angels, the angel investor group chaired by RoseAnn Rosenthal and […]
We live in a world where new technology is constantly and consistently advancing and new companies are born every day. In 2014, the recession maintained its grasp on American ingenuity as entrepreneurship hit a 20-year low. However, according to the Kauffman Index for 2016, startup activity rebounded last year, going up for the second year in […]
Ormat Technologies has acquired Viridity Energy, a Philadelphia-based energy tech startup and Ben Franklin portfolio company. The Nevada-based geothermal and renewable energy company will purchase Viridity for an initial consideration of $35 million. Ormat purchased the private company based at Ten Penn Center in Center City with the aim of bringing on its proprietary SaaS platform that manages energy demand, […]
Tangent Energy Solutions, a start-up company based in Kennett Square, PA that specializes in distributed energy management, said today that it would form a joint venture agreement with industrial equipment maker Cummins. The newly formed joint venture, Tangent Generation Resources, LLC, will market to a new line of natural gas generators called edgeGEN. The natural […]
Christini Technologies Inc. (CTI) announces the awarding of a contract from the U.S. Air Force for the delivery of 54 CHRISTINI All Wheel Drive 450E Military Edition motorcycles. The award was the result of an open bidding process. Christini had previously delivered All Wheel Drive motorcycles to the U.S. Navy, U.S. Border Patrol, UK military, […]
Zipcar, the world’s leading car sharing network, and Zagster, the leader in campus bike sharing, today announced their partnership to launch Zipbike, the first national, sponsored bike-share program for universities. Zipbike aims to redefine campus mobility by accelerating access to, and adoption of, bike sharing at colleges and universities across the country. The combination of […]
Thanks to Holganix, the grass is literally greener on our side, and on the Inc. 5000. Add in Greenphire, and “green” becomes more than a trend of color for the Philadelphia region. Both organizations are on Inc. Magazines’s elite list of organizations that have demonstrated consistently high growth. Holganix, the manufacturer/supplier of organic, bionutritional turf and […]
AltEnergy Increases Investment to Expand Energy Management Technology and Battery Storage Solutions AltEnergy, LLC, an investment firm that identifies and develops early-stage opportunities in high-growth power and energy sub-sectors such as energy storage, demand response, demand management, high-voltage transmission, renewables and cybersecurity, announced today that it has closed on an $8.5 million investment in Viridity […]
UgMO Technologies, Inc. recently presented the Water Warrior of the Year Award to the city of Roswell. UgMO Technologies recently presented the Water Warrior award of the year to the city of Roswell for its leadership and commitment to water conservation. UgMO Technologies recognizes the effort of Roswell to reduce water consumption using new technology […]