Author: 315_admin

Wells Fargo Supports AWE Ventures—Powered by Ben Franklin

May 27, 2016

PHILADELPHIA, PA — Wells Fargo has signed on as a Gold Partner for AWE Ventures – Powered by Ben Franklin. In complement to its diverse activities in raising awareness and participation of women in both entrepreneurship and investing, Wells Fargo supports this partnership of Ben Franklin Technology Partners of Southeastern Pennsylvania and the Alliance […]

Viridity Energy Raises $8.5 Million in Growth Round

May 23, 2016

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 […]

CloudMine Named a Cool Vendor in Mobile App Development by Gartner

May 23, 2016

PHILADELPHIA, May 10, 2016 /PRNewswire/ — CloudMine, a Philadelphia-based company, has been named a Cool Vendor in the Cool Vendors in Mobile App Development 2016 report by Gartner, Inc. for itsConnected Health Cloud, a HIPAA-compliant, cloud-based digital health platform the that helps healthcare organizations connect to the world of healthcare data, promote patient engagement, and improve quality of […]

Montco firm targeting neurodegenerative diseases raises $1.6M

May 19, 2016

Pharmaceuticals said Wednesday it has completed a private stock sale that raised $1.6 million. Investors in the equity financing included Ben Franklin Technology Partners of Southeastern Pennsylvania. The proceeds from the financing will be used by the Radnor-based company to advance the development of its lead compound MP101, a neuro-protective agent. The money will also […]

Phila. med tech startup working on multimillion dollar government contract

May 19, 2016

In a recent job notice on its website, med tech startup Biomeme announced it’s working on a multimillion dollar contract with the U.S. government. Biomeme’s co-founder, Jesse van Westrienen, declined to elaborate further citing the deal’s ongoing negotiations, but such a partnership would be a big win for one of Philadelphia’s most promising startups, which […]

Ben Franklin Tech, more raise funds to honor late Brenda Gavin

May 19, 2016

Ben Franklin Technology Partners, the Alliance of Women Entrepreneurs, and the Philadelphia Alliance for Capital and Technologies (PACT) have joined forces in tribute to Brenda Gavin’s legacy by raising contributions, in her name, to AWE Ventures-Powered by Ben Franklin. Gavin, one of the country’s first female venture capitalists who helped guide dozens of Philadelphia-area biotechnology […]

Solid growth, but more work ahead for Philly’s life sciences sector

May 19, 2016

After thorough examination, the results are in: Philadelphia’s health and life sciences scene is doing better than ever. This was the consensus of a group of key industry leaders during a Philly Tech Week 2016 presented by Comcast panel discussion in the Center City offices of the Public Health Management Corporation. Conveners, startups and major […]