Blog

Biggest Philly-area raise in a while: Phenom People raises $22M for global expansion

May 24, 2018

Ambler, Pa.-based Phenom People, makers of a human-resources-tech platform to help companies attract talent, is looking to expand its operations to Europe and the Asia Pacific region with fuel from a recently-closed $22 million Series B round. Led by New York VC firm AXA Venture Partners, the round was also joined by several of the […]

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With $400K From Ben Franklin, Kapsul Gets to Work on ‘smart’ Air Conditioner

May 21, 2018

Kapsul Air, the Center City company behind Philly’s biggest biggest Indiegogo campaign — a whopping $2.3 million in 2016 for preorders of its smart air conditioner — says that after eight re-designs, they should start shipping the sleek product in the summer. Of 2019. Cofounder and CEO Kurt Swanson will be the first to tell […]

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It’s Almost Time for the Second Annual PHL Innovation Picnic

May 21, 2018

The sun will eventually come out, and when it does, it’ll probably be just in time for the PHL Innovation Picnic. You know, that Navy Yard event that basically everyone in Philly’s startup community attended last year? It’s back for a second year next month, and tickets are already on sale. The early summer shindig is meant […]

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Meet the Disruptor: Suzie Welsh

May 18, 2018

When Suzie Welsh was 16, she begged her parents to let her travel to Malawi for a mission trip with GAIA, an organization that creates and implements healthcare programs in areas affected by AIDS. She insisted she’d be fine, and they begrudgingly obliged. She returned several weeks later having observed deep poverty, witnessed woman after […]

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NextFab is Launching a $100K Follow-on Fund for its Accelerator Startups

May 18, 2018

Add access to follow-on cash to the list of perks at NextFab’s RAPID accelerator program. The South Philly makerspace — which also has locations in North Philly and Wilmington, Del. — launched a follow-on fund worth $100,000 to invest in companies from its accelerator program, which kicks in $25,000, office space and access to mentorship. No investments […]

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