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Real Estate Tech Company Houwzer Raised a $118M Series B as it Introduces New Products

February 9, 2022

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 […]

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Excision BioTherapeutics Initiates Phase 1/2 Trial Evaluating EBT-101 as a Potential Cure for HIV

January 28, 2022

Excision BioTherapeutics Inc. a clinical-stage biotechnology company developing CRISPR-based therapies intended to cure viral infectious diseases, today announced the initiation of a first-in-human (FIH) Phase 1/2 clinical trial of EBT-101 in individuals living with human immunodeficiency virus type 1 (HIV). The FIH study is a multicenter, open-label, single ascending dose study designed to evaluate the […]

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Philly Just Ranked High on a Global List of Startup Ecosystems. These Local Leaders Aren’t Surprised

September 23, 2021

A report assessing the strengths, talent and startup resources of regions around the globe this year named Philadelphia in its top 30 ecosystems. The city moved up 15 spots in the Startup Genome’s Global Startup Ecosystem Report (GSER) after being named the top “emerging” ecosystem last year. For 2021, it’s No. 28 on the global […]

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ROAR for Good Closed a Round of Funding as it Eyes Expansion Throughout the US

March 18, 2021

2020 was a crushing year for the hospitality industry. But ROAR for Good founder Yasmine Mustafa is keeping her eyes on encouraging recovery numbers as the company places its personal safety device technology in more hotels across the United States. The company just closed a round of growth capital and is planning to add to […]

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FemBeat: Lia Launches Its FDA-Approved, Flushable And Biodegradable Pregnancy Test On The Market

March 15, 2021

We’ve seen quite a lot of innovation in the feminine and intimate care space. From CBD-infused, organic tampons to vegan condoms, sustainability is at the core of women’s health startups. One product category that hasn’t seen much disruption, however, is the pregnancy test. According to diagnostics startup Lia, these plastic-made products create about two million […]

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Straight Talk – A look at how the region’s economic development officials are tackling the pandemic.

May 7, 2020

Greater Philadelphia’s economic development agencies are gearing up for a slow reopening of businesses across the region, and leaders of those organizations say companies need to be prepared to spend some extra cash in a post-pandemic economy. The Philadelphia Business Journal brought together leaders from local economic development agencies for a live discussion about their […]

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Medecision Acquires Health Delivery System Transformation Pioneer GSI Health

October 31, 2019

Medecision, an integrated health management solutions provider that supports the health and care of more than 50 million consumers nationwide, has acquired Philadelphia-based GSI Health, a SaaS provider of workflow, engagement and compliance solutions and related services. The GSI Health platform is used by some of the nation’s leading health systems to coordinate and optimize […]

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With backing from Capital One, This Startup is Working on an Edtech Platform for Refugees

April 9, 2019

A $150,000 check from Capital One will let Philly-based Choosito continue to develop and deploy its edtech platform for refugee children as it makes it way through the XPRIZE IBM Watson competition. Choosito, an alum of IC@3401, is one of the 30 finalists in the four-year global competition, which aims to find impactful use cases for artificial intelligence technologies to take on […]

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GO Philly Fund is Working on a Serious Problem for Philadelphia’s Startups

February 14, 2019

Last week Ben Franklin Technology Partners of Southeastern PA and EPAM announced a new $50 million fund. The Global Opportunity Philadelphia Fund—aka GO Philly Fund— looks to support early-stage Philadelphia startups by engaging both traditional investment and blockchain-enabled participation. The GO Philly Fund encourages further growth of early-stage startups in the Philadelphia region while providing […]

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Ben Franklin Announces Additions and Changes to its Board of Directors

February 13, 2019

Board welcomes two new members and announces leadership changes for 2019 February 13, 2019 (Philadelphia, PA) – Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) announces changes and additions to its board of directors. At its December meeting, the Ben Franklin board welcomed two new members: Robert J. Ciaruffoli, co-founder and Vice-Chairman of Broad […]

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