As the lights go down in the Philadelphia Marriott Downtown’s ballroom and a panel of top Philly investors grace the stage, a booming voice makes an announcement: It’s time for the Philadelphia Alliance for Capital and Technology (PACT) annual Lion’s Den. The dramatics are part of the signature style of the event, meant to be a live-action, localized “Shark Tank” […]
Plans for the round include investing in R&D for its tech platform and hiring across all teams. The news follows the company’s recent move to a new Center City office. Following a $20 million Series B round last year, NeuroFlow just closed a $25 million round of financing to continue its growth, the mental healthtech company announced Thursday. The […]
The startup is planning a partial launch of its Employee Data Platform in November, will a full launch in January 2023. Three-year-old human resources tool Employee Cycle has just closed its seed round with a focus on the development and launch of its Employee Data Platform, the company said Tuesday. The $2.5 million round was led by Impellent […]
The first step for your business is “to understand what impact you are having and be able to articulate it.” Start with ImpactPHL’s new Investable Impact Toolkit. What is the purpose of business? Many will suggest that the purpose is to create value. Traditionally that means creating a product or service that customers will pay […]
This year’s accelerator is focused on connected living, inclusive experiences and smart enterprises, and will operate on a hybrid model from the Comcast Technology Center. A cohort of 12 companies — one of which is based in Greater Philadelphia — has been picked for the fifth edition of Comcast NBCUniversal’s LIFT Labs Accelerator, powered by Techstars. This cycle […]
Ten founders shared their startups at the accelerator’s fifth annual pitch event. Here’s how it went down. Peach Brown, founder of Sledge Scarves, drove home the strength of her non-slip hair scarves by lifting a bowling ball with one in front of pitch judges. The feat of strength came during Pennovation Accelerator’s fifth annual pitch day on Wednesday. […]
The STEM Founders Fellowship will give 10 postgraduate degree candidates $50,000 and a full year of support to turn their research or idea into a business. As Philadelphia expands its reputation and capacity for the life sciences industry, it’s also folding in efforts toward accessibility. A unique program coming to the University City Science Center in the form […]
Omar Mencin, Ben Franklin Technology Partners’ managing director of tech, has some suggestions on whether now is the best moment to build a company — and how the investor can help. As a founder or entrepreneur, when you concentrate hard on the headlines, you’re bound to get a headache. Even amidst the seemingly strange news […]
In the early stages of a company acquisition, it can be a little awkward to talk to your competition. You’re both trying to serve the same space, for instance, but maybe one is further along. That was the experience of Ted Mann, the cofounder of Haddonfield, New Jersey-based CollX. The visual search function app scrapes […]
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 […]
