For the third year in a row, Philly is trending upward on the Startup Genome’s Global Startup Ecosystem Report (GSER) report. After ranking No. 28 on the org’s global list for best ecosystems for startups in 2021, Philadelphia lands at No. 27 in 2022. In 2020, Philly was ranked as the top “emerging” startup ecosystem […]
On the third day of the International Conference on Robotics and Automation, I found myself zipping between drones, autonomous robots and a Tesla Model S to keep up with Vijay Kumar, the University of Pennsylvania’s dean of engineering. The university had put together a tour of sorts for Anne Nadol, the City of Philadelphia’s new […]
Quickly growing partnerships SaaS company Crossbeam, which raised a very Philly $76 million last year to accelerate growth, announced during its partnerships conference May 18 that it had acquired account-based networking tool Partnered. The company was hosting the first-ever partnerships conference Supernode, a two-day Philadelphia event gathering roughly 250 partnerships pros from far-reaching SaaS companies, […]
If you’re a first-time founder looking to raise an institutional round of venture capital for the first time, how do you know where to start? How does one know how much to raise or where their valuation lies? It’s a position many startup founders will find themselves in within their first few years. It’s also […]
Tech-enabled real estate brokerage Houwzer this week launched the RiseUp Fund, a nonprofit to bring grants and resources to low- to moderate-income first-time homebuyers. The Center City company’s new program comes amid a still-hot housing market and the recent re-up of the Philadelphia Housing Development Corp.’s own $10,000 grant program for first-time homebuyers, Philly First […]
It’s not solving a new problem, but Oncora Medical’s CEO is finding that the company’s product has an unfortunate timeliness amid the pandemic. The seven-year-old digital health company, which makes a software that provides documentation, workflow and data-capturing for cancer doctors, added two big names to its client list this week. Cancer centers Scripps Health […]
Phrase Health, maker of electronic health record data tools, announced Tuesday it had been awarded $1.7 million in a Phase 2 Small Business Technology Transfer Program (STTR) grant from the National Institute of Health. The funding comes to company after it received a $225,000 Phase 1 STTR grant last year. Phrase Health, based out of […]
Gaining access to venture capital isn’t a new challenge for underrepresented founders, or those seeking to work in VC. But approaches to solving it are changing. Women are consistently left out of conversations with investors, are granted less funding, and only represented a tiny percentage of all venture capital raised over the last 30 years. […]
It’s an acquisition and a merger for two Philadelphia-area companies, as Piano and Anexinet both announced new expansions on Thursday. Piano acquired SocialFlow The Bourse-based B2B media software company, which last spring raised an $88 million Series C, has acquired SocialFlow, a New York City social distribution and marketing platform for media companies. The addition […]
Philadelphia-based real estate company Houwzer has raised a $118 million Series B, the company announced Tuesday. The round includes $18 million in equity and a $100 million warehouse line of credit, led by Edison Partners. It brings the total equity funding for the B Corp — which operates locally and in DC, the greater Maryland […]