Startups

AmorSui Upgrades Protective Product Line In Effort To Set ‘New Standard’ In Health Care

May 10, 2024

A South Philadelphia apparel company launched during the Covid-19 pandemic has unveiled its improved and enhanced line of personal protective equipment (PPE) for health care workers and others. AmorSui was launched in 2020 by Beau Wangtrakuldee, a scientist and entrepreneur who founded the company after a chemical spill in a lab left her with severe burns. […]

Latus Launches with State-of-the-Art Gene Therapy Development Technologies, Two Lead Product Candidates, and an Initial $54 Million in Series A Financing

May 6, 2024

Latus Bio, Inc. (“Latus”), a biotechnology company developing novel gene therapy candidates for disorders of the central nervous system (CNS), today announced its launch and an initial close of $54 million in Series A financing. The funding round is being led by 8VC and DCVC Bio. To date, Samsung Life Science Fund (created by Samsung […]

TIME Names Yellowdig A Rising Star

April 29, 2024

TIME World’s Top EdTech Rising Stars of 2024 April 23, 2024 — Yellowdig is honored as one of the World’s Top EdTech Companies (Rising Stars) by TIME in partnership with Statista, a testament to its commitment to advancing educational technologies globally. This esteemed recognition stems from a rigorous evaluation process that scrutinized over 7,000 companies […]

Philly-Area Startup For Investing In Real Estate Debt Rebrands With Wider Offerings

April 20, 2024

Once known as Yieldeasy, the Newtown company is now called Finresi. It added hundreds of users after a pivot last spring. A Bucks County startup making an alternative real estate investment marketplace has rebranded: The company formerly known as Yieldeasy is now Finresi. The new name squishes together the words finance and residential. “I think […]

This Philly Founder Is Making Generational Wealth Building More Accessible

April 8, 2024

WealthMore is a financial planning platform that removes barriers and helps young adults with investment advice. For Mical Jeanlys-White, technology presents an opportunity to empower people to build wealth. The Philadelphia resident in 2022 founded WealthMore, a platform that provides young adults with access to wealth advisors and financial planning. A first generation American, Jeanlys-White remembers […]

The Philly Company That Makes Autonomous Farm Robots Just Raised $24M

January 11, 2024

Burro hopes to have 800 plant- and produce-hauling vehicles in operation by the end of the year. Philly’s small-but-growing robotics presence is attracting national attention, as evidenced by a big cash infusion for a company named after a hard-working beast of burden. Autonomous robotics company Burro, formerly known as Augean Robotics, announced it raised $24 million […]

Philly Mapmaker Used By National Policymakers And Nonprofits Raises $3M To Expand Product And Staff

January 11, 2024

PolicyMap, which started as a spinoff of Reinvestment Fund, just got its first outside investors. A Philly mapping software company has plans to grow its team and share data in 2024, spurred along by new funding from local investors. PolicyMap closed a $3 million Series A round in December led by local financier and policy research […]

Philadelphia Startup Burro Raises $24M With Plans To Expand Its Fleet Of Robots And Triple Revenue

January 10, 2024

Burro raised another $24 million from investors as it looks to grow revenue, hire additional employees and expand its fleet of agricultural robots. The Philadelphia startup’s Series B round was co-led by New York-based Catalyst Investors and Palo Alto-based Translink Capital and joined by existing investors S2G Ventures, Toyota Ventures, F-Prime Capital and the Cibus […]

PACE Aerospace And Nexteon Technologies To Provide FPO-SR Real-Time Optimization For JetBlue Fleets

October 10, 2023

FPO-SR combines PACE’s established Flight Profile Optimizer (FPO) with Nexteon’s innovative SmartRoutes to provide 4D real-time flight optimization and situational awareness enhancement. FPO-SR enables JetBlue pilots to optimize their route, altitude, and speed to save fuel and cost, and provide environmental benefits. PACE Aerospace and Information Technology GmbH (PACE), a subsidiary of TXT e-Solutions Spa […]

Advent Therapeutics Awarded $3 Million NIH Grant For Novel Neonatal Lung Therapy

July 20, 2023

Advent Therapeutics, Inc., a biotechnology company pioneering an optimized retinol palmitate (vitamin A) drug product as a breakthrough non-invasive inhaled neonatal lung therapy, has been awarded a $3 million National Institutes of Health (NIH) Small Business Innovation Research (SBIR) Phase IIB grant. This grant allows the Company to position its novel aerosolized vitamin A formulation […]