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Collx, HeyKiddo and ConConnect all scored big investments at PACT’s 2022 Lion’s Den pitch competition

November 23, 2022

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” […]

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Neuraptive Therapeutics Raises $19.5M, Expands Management Team

November 2, 2022

A Philadelphia biotechnology company working on therapeutics and medical products for patients impacted by peripheral nerve injuries has raised $19.5 million from private investors. The equity financing was disclosed in documents Center City-based Neuraptive Therapeutics filed with the Securities and Exchange Commission. Company officials were not available to comment on the stock sale. Neuraptive is […]

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A Bold Effort To Cure HIV—Using Crispr

October 11, 2022

An experiment tests whether the gene-editing technology can stop the virus from replicating, which would ultimately wipe out the infection. IN JULY, AN HIV-positive man became the first volunteer in a clinical trial aimed at using Crispr gene editing to snip the AIDS-causing virus out of his cells. For an hour, he was hooked up to […]

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SessionGuardian Raises $3M In Seed Funding To Extend Security Controls To The Individual In A Work-from-Anywhere World

September 12, 2022

SessionGuardian, the leader in identity access control and authentication for hybrid teams working with highly sensitive data, today announced $3 million in seed funding. The round was led by Phase 2 Investments, who was part of the first investor group of financing for Securonix in 2017. Robin Hood Ventures and Ben Franklin Technology Partners also participated. The funds will be used to expand […]

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These 12 Startups Made It Into LIFT Labs’ 2022 Cohort, Including Philly-Area LLUNA

August 17, 2022

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 […]

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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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