ImpactPHL’s OptImpact tool aims to connect accredited investors with investable opportunities for good. The devastating consequences of divestment, like deteriorating infrastructure, vacant lots, and vast expanses of food and green space deserts, are glaringly obvious in low-income areas of Philadelphia. These inequalities in resources and opportunities have created a vicious cycle of poverty and made […]
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 […]
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 […]
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 […]
Founding Philly podcast host Zachary Brand looks back on a year of lessons-filled interviews. This year, Founding Philly published 21 podcast episodes featuring some of the most prominent founders and executives in the Philly startup community. We kicked off the year with Justin Rosenberg, founder of the popular fast-casual chain Honeygrow, and received an insightful crash course in […]
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