Tech News

What Does The Philly Tech Community Hope To See In 15 years? A Larger, More Inclusive And More Robust Ecosystem

February 13, 2024

Eight local leaders look back, and forward, in honor of Technical.ly’s 15th anniversary. What were you doing in 2009? That February, Chris Wink, Sean Blanda and Brian James Kirk launched a blog called Technical.ly Philly aiming to cover the growing technology ecosystem in Philadelphia. Since then, Technical.ly has watched and reported as a community of technologists and […]

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Fast-Growing Swarthmore Fintech Raises $28M, Plans Hiring Spree

February 13, 2024

LoanStar Technologies, the rapidly growing Swarthmore fintech, has raised nearly $28 million to accelerate sales and expand headcount. The Series A was led by Connecticut-based Sageview Capital, with participation from Ben Franklin Technology Partners’ Go PA Fund. The $27.85 million infusion brings LoanStar Technologies’ total funding to roughly $33 million since its founding in 2016. LoanStar Technologies’ […]

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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 […]

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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 […]

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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 […]

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Philadelphia Data Mapping Startup Founded By Former White House Staffer Raises $3M To Fuel Growth

December 29, 2023

A Philadelphia startup founded by a former White House staffer that maps geographic population data to help inform policymakers, business leaders and students has raised $3 million to accelerate its growth and up its headcount. PolicyMap Inc. was founded in 2018 by Maggie McCullough, who has also held roles with the City of Philadelphia, the Commonwealth […]

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WealthMore & Emmeline Ventures Talk About Capital Markets Supporting More Inclusive Fintech Products

December 8, 2023

Mical Jeanlys-White, Founder + CEO of WealthMore, and La Keisha Landrum Pierre, Co-Founder of Emmeline Ventures, join Judy Khan Shaw on #NYSEFloorTalk to talk about the vision for WealthMore and how capital markets can support more inclusive fintech products. The New York Stock Exchange is an American stock exchange in the Financial District of Lower […]

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Delaware Nabbed Part Of A Regional EDA Tech Hubs Designation

October 25, 2023

Wilmington is part of the Greater Philadelphia Region Precision Medicine Tech Hub, led by Ben Franklin Technology Partners of Southeastern PA. Here’s what comes next. It’s official, Delaware: We’re a tech hub. Part of one, at least. The US Department of Commerce’s Economic Development Administration (EDA) Tech Hubs program is an effort by the federal […]

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The Philadelphia Region Won A New Federal Tech Hub Designation For Life Sciences

October 24, 2023

The Philadelphia tech hub will try to advance manufacturing and commercial development of cell and gene therapies. The Philadelphia region has been selected as one of 31 federal innovation and technology hubs, making the area eligible to compete for a grant of up to $75 million to advance the area’s life sciences industry, the Biden […]

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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 […]

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