Blog

Philly Is on the cusp of marrying innovation with inclusion — finally!

April 8, 2024

Thanks in part to the EDA Tech Hub bid, the pieces are lining up for a major surge in equitable regional growth. Every time I drive home from my Navy Yard office, I wave to the sparkling University City buildings and the many cranes, as I know the innovations they are sparking are going to […]

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Statewide Venture Fund Makes First Investments

March 12, 2024

Four months after taking the field, a statewide venture fund is taking its first shots. The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which […]

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2023 Philadelphia Venture Report

February 26, 2024

VC dealmaking slowed across the entire US in 2023, and Philadelphia was no exception. But maintaining its reputation for gritty resilience, the Philly ecosystem held stronger than many other, larger venture hot spots, particularly at the pre-seed and seed stages, to notch $2.4 billion across 403 deals. In conjunction with PitchBook, PACT Philadelphia has released […]

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Cagent Vascular Raises $30 Million Series C Financing

February 22, 2024

Funds will be used to accelerate US market adoption and to expand the product portfolio of the first and only Serration Angioplasty Technology Cagent Vascular, Inc., a rapidly growing commercial stage medical device company, today announced a Series C Financing close in excess of $30M. U.S. Venture Partners (USVP), led the round. Participation included new […]

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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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