Author: Inquirer

Philly-Area Tech Firm Aims to Deliver Food More Cheaply Than DoorDash or UberEats

June 14, 2022

Just two companies, DoorDash and UberEats — both based in San Francisco — arrange five out of every six restaurant meal deliveries in the U.S. More than half of Americans have used meal delivery services, with the typical customer spending more than $200, in the first quarter of 2022, according to Bloomberg Second Measure. But […]

A Gusher of $584M in Federal Aid Will Soon Open for Pa., N.J., and Del. Business Owners. Are You getting Yours?

May 25, 2022

The U.S. Senate rejected legislation last week that could have provided small businesses with up to $48 billion of additional aid to help them recover from the pandemic. So is this the end? With the expiration of both the Paycheck Protection Program and the Economic Injury Disaster Loans from the Small Business Administration, does this […]

The Delco Company Where Corporate America’s Old Phones and Computers go to Die

January 31, 2022

CyberCrunch is totally bent on destruction. Its two plants, in Aston and out west in Greensburg, Pa., are places where familiar electronics from Philadelphia’s biggest employers go to die. More precisely, to be shredded into high-tech confetti that data thieves can’t pillage, then sold to recyclers. The more digitized and data-dependent our working lives become, […]

Deals That Transformed Philly’s Tech Scene in 2021

December 28, 2021

The relentless rise in U.S. tech stock prices since the last recession, and the private-company valuations that follow those stock trends, this year fueled a rush of deals by Big Tech and private-equity giants, reshaping the landscape of Philly’s technology employers alongside everyone else. Just last week, Oracle, the Silicon Valley business-software giant, which has […]

Philly’s BIPOC Entrepreneurs Get New Promises to Fund Businesses and Correct a Historic Deficit

October 6, 2021

Kimberly Wilson, a Black woman who struggled to get white doctors to take her symptoms seriously after a 2017 fibroids diagnosis, founded digital start-up HUED a year later to enable Black and Latino patients to find culturally sensitive medical care. Wilson is a model for what many in the region hope to encourage: a Black […]

How to Get Hired in Philly’s Growing Robotics Scene

March 22, 2021

Her interest in robotics started with the comics. “I read a lot of Batman and Iron Man as a kid” in Egypt, said Nour Hussein. “Seeing the high-tech stuff being used by superheroes was fantastic for teenaged me, and I wanted to create technology.” Hussein eventually came to the engineering school at the University of […]

Simply Good Jars Wins $500,000 on ABC’s ‘Shark Tank’ Premiere

March 15, 2021

Simply Good Jars, the Philadelphia start-up that sells pre-made salads designed to stay fresh without preservatives, hasn’t yet made any money. And it had to overhaul its business model on the fly during the pandemic. But that didn’t prevent Philadelphia chef Jared Cannon from receiving a $500,000 investment from two Shark Tank TV show heavyweights: […]

Biden Aide Calls Bucks Firm a Model for Worker-Owners

January 14, 2021

Magellan Health backs Philly medical software firm Magellan Health, the big U.S. provider of drugs and mental-health services, has led a $20 million investment (with others) in NeuroFlow, a Philadelphia company whose software helps doctors, hospitals, governments, and insurers track patient conditions and treatments. NeuroFlow employs 60 workers, some on contract. With the new funding, […]

Software Update: Exton-Based AGI Sold For $700M, Pa. Probes Unisys Uutage, SAP Shares Down

November 12, 2020

Ansys, a software simulations maker in the Pittsburgh suburb of Canonsburg, will pay $700 million for Analytical Graphics Inc. (AGI), an Exton-based maker of “mission simulations” that warn satellite operators when their products might hit burned-out rockets and other debris orbiting Earth. Both companies sell to U.S. military, intelligence, space, and commercial buyers. Ansys, with […]

Navy Yard Returns to its Roots While Some Philly Start-Ups Depart for the Suburbs

November 9, 2020

Twenty years after far-sighted officials began marketing the former naval base in South Philadelphia as the Navy Yard business center for growing private firms, its largest employer is — the Navy. Of the 15,000 men and women who officials say work in the new and repurposed buildings on the Delaware River at the foot of […]