Author: pbj_repost
Bucks County Looks to Build a More Robust Startup Scene as Part of its Economic Recovery Strategy
June 28, 2021
Bucks County is focused on building a community of startups and entrepreneurs as its economy emerges from the pandemic. The county is funneling funding into programs like nonprofit Startup Bucks’ early-stage startup program, as well as allocating money to its Office of Workforce and Economic Development to support entrepreneurs. Bucks County has allocated $250,000 to […]
Cagent Vascular Receives $9M Investment to Accelerate Marketing of its Lead Product
June 22, 2021
A Wayne medical device company has raised $9 million to accelerate the commercialization of its peripheral artery disease device cleared by the Food and Drug Administration last year. Cagent Vascular received the investment from Sectoral Asset Management. Marc-Andre Marcotte, a partner and COO at the Canadian investment firm, has joined Cagent’s board of directors. Founded […]
Temple Spinout ExpressCells Adds New Investors to Meet ‘Rapidly Growing Demand’
April 12, 2021
ExpressCells, a gene editing technology company spun out of Temple University, has raised $590,500 in an equity financing. Founded in 2018, ExpressCells is using its own proprietary genome editing technology in combination with CRISPR to create advanced “knock-in” cell lines to enhance drug discovery and support other types of biological research. The speed of the […]
Viewpoint: Refugee Women Like Me Will Help Lead America Out of the Recession
March 24, 2021
September 20, 1990 was a day which changed the trajectory of my life. I was 8 years old, huddled on the floor with my parents and five siblings in a bomb shelter in Kuwait. The ground was shaking from the nearby explosions. People around me were crying or praying. I’d never seen my parents look […]
Six Years in the Making, Lia Diagnostics Introduces its Flushable and Discreet Home Pregnancy Test
March 12, 2021
Six years after the Philadelphia company’s founding, Lia Diagnostics is bringing to market on Thursday what it calls the first “earth-friendly” home pregnancy test. Founded by Bethany Edwards and Anna Couturier, Lia is looking to disrupt a market sector in the U.S. that has about 12 million unique purchasers every year with a product that […]
Virus-Fighting Company Aimed at Knocking out HIV Raises $60M
February 17, 2021
A $60 million funding round will help a biotech company start an early-stage clinical trial aimed at chronic HIV infection. Excision BioTherapeutics, with offices in San Francisco and Philadelphia, said the round was led by GreatPoint Ventures and included existing investor ARTIS Ventures plus new investors Adjuvant Capital, Norwest Venture Partners, Anzu Partners, Cota Capital, […]
Temple Spinoff Express Cells Secures First Patent for Gene-Editing Technology
January 21, 2021
A three-year-old Philadelphia genetic engineering company spun out of Temple University has secured its first patent for its core gene-editing technology. ExpressCells was awarded the U.S. patent for its “Fast-HDR” gene editing technology, developed to create advanced cell lines for drug discovery. The inventor on the technology covered by the patent is Dr. Oscar Perez […]
7 Philadelphia-Area Tech Firms to Watch in 2021
January 6, 2021
What pandemic? As Covid-19 threw the region’s business world into uncharted territory in 2020, many of the fastest-growing, venture-backed tech companies continued to grow their teams, bring on new customers and raise fresh funding. Since large rounds often precede even bigger moves, and future fundraising, we’re highlighting seven companies whose fundraising activity stood out last […]
‘Kid in a Candy Store’: Ben Franklin Technology Partners’ Incoming CEO on His Plans for the Region’s Most Active Seed Fund
January 4, 2021
Scott Nissenbaum is feeling a little giddy. As of Jan. 11, the president and chief operating officer of Ben Franklin Technology Partners in Southeastern Pennsylvania — the most prolific seed fund in the region — will become its next CEO, following in the footsteps of its longtime leader RoseAnn Rosenthal. And he’s excited. “I’m like […]
Philadelphia Edtech Company Digitability Launches New Training Tool as Demand Surges
December 10, 2020
Michele McKeone watched through Instagram as her friends learned new recipes and picked up quarantine hobbies when the Covid-19 pandemic brought the world to a halt in March. At the same time, her Philadelphia edtech company Digitability was suddenly moving at a breakneck speed. “We’ve been busier than ever,” she said. School districts are federally […]
