Four ecosystem builders on two big ideas for bringing more people into local tech. Social justice-minded tech stakeholders often wax poetic on the importance of diversity, equity and inclusion in the majority-white industry. But if intentional steps aren’t being taken to ensure a local tech economy’s constituents look like those in the region where it’s […]
At Broad Street Angels’ annual meeting, Keriton’s Rich Mager and ROAR’s Yasmine Mustafa shared their experience as CEOs amid a challenging few years. Their advice was given three weeks ago, but since the demise of Silicon Valley Bank, it might have been more prescient than these startup pros realized. At its annual meeting the end […]
“It’s a learning process”: Founding Philly host Zachary Brand shares insight from the entrepreneurs behind companies such as Nextmv, Lula and Rego. The Philly startup ecosystem has been on the rise for quite some time. In 2022, for instance, Philly was ranked 27th on Startup Genome’s Global Startup Ecosystem Report, two years after being named a lower-level […]
The addition of some new executives comes alongside a B2B operation for Houwzer, which will focus on a new vertical that the company calls “brokerage as a service.” Tech-forward real estate and mortgage brokerage Houwzer, which got its start in 2015 in Philly and has expanded to neighboring states, has acquired next-gen brokerage Trelora. The news comes […]
As the lights go down in the Philadelphia Marriott Downtown’s ballroom and a panel of top Philly investors grace the stage, a booming voice makes an announcement: It’s time for the Philadelphia Alliance for Capital and Technology (PACT) annual Lion’s Den. The dramatics are part of the signature style of the event, meant to be a live-action, localized “Shark Tank” […]
SessionGuardian, the leader in identity access control and authentication for hybrid teams working with highly sensitive data, today announced $3 million in seed funding. The round was led by Phase 2 Investments, who was part of the first investor group of financing for Securonix in 2017. Robin Hood Ventures and Ben Franklin Technology Partners also participated. The funds will be used to expand […]
This year’s accelerator is focused on connected living, inclusive experiences and smart enterprises, and will operate on a hybrid model from the Comcast Technology Center. A cohort of 12 companies — one of which is based in Greater Philadelphia — has been picked for the fifth edition of Comcast NBCUniversal’s LIFT Labs Accelerator, powered by Techstars. This cycle […]
Philadelphia-based real estate company Houwzer has raised a $118 million Series B, the company announced Tuesday. The round includes $18 million in equity and a $100 million warehouse line of credit, led by Edison Partners. It brings the total equity funding for the B Corp — which operates locally and in DC, the greater Maryland […]
Excision BioTherapeutics Inc. a clinical-stage biotechnology company developing CRISPR-based therapies intended to cure viral infectious diseases, today announced the initiation of a first-in-human (FIH) Phase 1/2 clinical trial of EBT-101 in individuals living with human immunodeficiency virus type 1 (HIV). The FIH study is a multicenter, open-label, single ascending dose study designed to evaluate the […]
A report assessing the strengths, talent and startup resources of regions around the globe this year named Philadelphia in its top 30 ecosystems. The city moved up 15 spots in the Startup Genome’s Global Startup Ecosystem Report (GSER) after being named the top “emerging” ecosystem last year. For 2021, it’s No. 28 on the global […]