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Fast-Growing Swarthmore Fintech Raises $28M, Plans Hiring Spree

February 13, 2024

LoanStar Technologies, the rapidly growing Swarthmore fintech, has raised nearly $28 million to accelerate sales and expand headcount. The Series A was led by Connecticut-based Sageview Capital, with participation from Ben Franklin Technology Partners’ Go PA Fund. The $27.85 million infusion brings LoanStar Technologies’ total funding to roughly $33 million since its founding in 2016. LoanStar Technologies’ […]

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This New ‘Digital Bridge’ Could Cultivate A Thriving Impact Investing Ecosystem In Philadelphia

February 2, 2024

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 […]

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The Philly Company That Makes Autonomous Farm Robots Just Raised $24M

January 11, 2024

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 […]

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Philly Mapmaker Used By National Policymakers And Nonprofits Raises $3M To Expand Product And Staff

January 11, 2024

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 […]

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Philadelphia Startup Burro Raises $24M With Plans To Expand Its Fleet Of Robots And Triple Revenue

January 10, 2024

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 […]

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