Author: pbj_repost

Houwzer Secures $2M in Seed Money

May 18, 2017

Houwzer, a technology company that is looking to disrupt the traditional residential real estate brokerage business, has secured $2 million in seed funding. This is the first outside investment the Philadelphia company has raised and it procured the funds from three main sources: Jay Minkoff, a real estate entrepreneur and co-founder of Homebuilder.com, who also […]

Ben Franklin’s Fintech Accelerator is First of its Kind in the Region. These 8 Startups Made the Cut

April 19, 2017

The Ben Franklin Fin Tech Accelerator announced Wednesday the eight startups that will make up its first cohort, the first in the region to participate in the unconventional peer-based investment model it’s putting in place. The accelerator is a partnership between Ben Franklin Technology Partners of Southeastern Pennsylvania and Village Capital, a Washington D.C.-based venture […]

VitalTrax First Company to Receive Seed Capital from Digital Health Funding Initiative

March 24, 2017

The $6 million seed fund for digital health startups launched by Safeguard Scientifics, Ben Franklin Technology Partners of Southeastern Pennsylvania and Independence Blue Cross announced its first investment Wednesday — $150,000 for clinical trial software company VitalTrax. The startup, based at the University City Science Center’s co-working space ic@3401, is the third venture for serial […]

Ben Franklin Technology Partners Hits Biggest Year Yet for Investments Amid Regional Growth

March 21, 2017

Lightning struck for Ben Franklin this year. The nonprofit seed fund and economic development organization Ben Franklin Technology Partners of Southeastern Pennsylvania posted its highest numbers yet when it released its 2016 investment figures this week. In total, it’s approved $10.6 million in seed funding for 52 companies over the course of the last calendar […]

Legacy of Pioneering Venture Capitalist Lives

March 19, 2017

One year ago this month, the sudden passing of Brenda Gavin — a pioneer in the venture capital industry — stunned the region’s life sciences industry. But her legacy has lived on thanks in part to an investment fund geared to women-led companies that was launched nearly two years ago by Ben Franklin Technology Partners […]

Guiding Technologies Launches GAINS to Revamp Autism Therapy with Bancroft

February 17, 2017

Guiding Technologies officially launched its GAINS software system at an ABA conference in California this past weekend. Presently, both executives and educators have been able to test the software. They say it could have a tangible impact on how children on the autism spectrum learn and develop. The Philadelphia edtech startup was born out of the research […]

Local startup MilkCrate Nabs Several New Clients, Including Comcast

January 20, 2017

MilkCrate, a Philadelphia-based startup nearly four years in the making, has announced several major new clients, including Comcast. Founder Morgan Berman announced last Thursday that Comcast will introduce its app to a pilot group of employees this spring. A larger roll-out later this year is expected to follow the pilot. “Comcast wants employees to learn how to be […]

Local Startup Viridity Energy Announces Acquisition by Ormat Technologies

January 9, 2017

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, […]

MBF Therapeutics Teams Up With Wistar

December 1, 2016

A Montgomery County company seeking to develop ways to treat cancer in dogs and cats has secured a new partner and new investment to help it achieve its goals. MBF Therapeutics of Ambler raised more than $100,000 in new capital from private investors and converted existing debt and notes into equity in a $1.1 million […]

See Which Companies Made the Final Cut to Pitch Investors at IMPACT 2016

November 17, 2016

The major mid-atlantic capital investment conference IMPACT will kick off in just four weeks in Philadelphia, bringing together more than a thousand players from the venture capital, private equity and entrepreneurship communities for the day-and-a-half conference. IMPACT, run by Philadelphia Alliance for Capital Technologies, or PACT, gives up and coming companies the chance to present […]