Author: prnewswire_repost

JVS Philadelphia Fund for Women Invests and Provides Grants of $650K to 12 Philadelphia Women Led Regional Businesses

June 6, 2022

PHILADELPHIA, June 3, 2022 — The JVS Philadelphia Fund for Women (JVS Fund) and Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) today announced that within five months of launching their partnership, they have made three grants to women-owned businesses, and nine investments in technology-based ventures led by women in the Philadelphia region. “The […]

Caterpillar Acquires Tangent Energy Solutions

May 11, 2022

Caterpillar Inc. (NYSE: CAT) has acquired Tangent Energy Solutions, a U.S.-based energy-as-a-service (EaaS) company. Headquartered in Kennett Square, Pennsylvania, Tangent Energy provides customers with turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizing electric grid support and providing resiliency for customer operations. “Tangent Energy has developed a suite of intelligent energy solutions […]

PolyCore Therapeutics Secures Seed Financing to Address Motor Symptoms and Dyskinesia Associated with Parkinson’s Disease

April 12, 2022

PolyCore Therapeutics, Inc., a biopharmaceutical company developing treatments for patients suffering from dyskinesia and cognitive impairment associated with neurodegenerative disorders, today announced a seed investment from Xontogeny, LLC and Ben Franklin Technology Partners of Southeastern Pennsylvania to advance their lead compound, PCT-3012, a novel G protein-biased D3 receptor agonist to reduce motor impairment in Parkinson’s […]

Thriving Alumni Businesses Succeeded After Finding Support at Temple

April 4, 2022

Bucha Bio and Simply Good Jars want to change the way we dress, design, manufacture and eat. The two companies are pushing the boundaries of biotech and culinary technologies, and they aim to not only improve the lives they touch but to also reduce environmental impacts associated with their industries. The companies have another thing […]

Strados Labs Awarded $990K to Develop Wearable Lung Sensor

April 4, 2022

Strados Labs has been awarded a $990,118 grant to advance the development of its RESP Smart Sensor Platform, a noninvasive wearable lung device to help in the early detection of chronic obstructive pulmonary disease (COPD) and other respiratory infectious conditions. The funds are part of a second phase of a two-year Small Business Innovation Research […]

Medtech Company, Strados Labs, Awarded National Science Foundation SBIR Phase II Grant

March 12, 2022

Strados Labs, a medical technology company harnessing the power of smart sensors, machine learning and proprietary algorithms to provide early detection and predictions of worsening respiratory diseases, announced today it has been awarded a two-year Small Business Innovation Research (SBIR) Phase II grant from the National Science Foundation (NSF) for $990,118. “It’s such an honor […]

InfraScan Announces FDA Clearance of the First Hand-Held Diagnostic Device for Traumatic Brain Hemorrhage in Children

February 18, 2022

InfraScan, a medical device firm specializing in traumatic brain injury diagnostic products, announced a newly expanded FDA indication today. The expanded indication includes the use of Infrascanner for the detection of traumatic supratentorial hematomas in adults, and now pediatric patients aged 2 years and older. “We are excited to announce the FDA has granted clearance […]

GoCoach Raises $3.5 Million Seed Round Led by Panoramic Ventures to Help Organizations Coach and Upskill Workforces

December 14, 2021

GoCoach, an upskilling, workplace learning, and coaching platform, has secured an oversubscribed venture round led by Panoramic Ventures. Other investors participating in the round include Early Light Ventures, Zane Capital, WGU Labs, RevUp Capital, Gaingels, Ben Franklin Technology Partners, and Global Super Angels Fund. The caliber and variety of investors participating in this round demonstrates […]

Centers for Medicare & Medicaid Services Issues New Code for Encala®

September 1, 2021

Envara Health, a company committed to making significant advancements in the field of clinical nutrition, today announced that the Centers for Medicare and Medicaid Services (CMS) has issued a new Healthcare Common Procedure Coding System (HCPCS) code for Encala®, a structured lipid matrix powder for oral administration. This decision establishes the S9432 code, “Medical Food […]

Nexteon Technologies Completes First Commercial Aviation Cyberattack Detection Flight Test

August 30, 2021

Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrack™ technology was able to successfully detect and characterize the intrusion and generate security alerts. The test was conducted on July […]