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Philadelphia Venture Report 2022

March 7, 2023

Philadelphia’s VC ecosystem proved resilient in 2022 and now counts itself in the top five ecosystems in the United States in terms of deal flow. The city has taken in more than 1,000 investments over the past two years, worth $12.7 billion altogether. Long known as a biotech hub, Philadelphia is also gaining ground in […]

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CollX Raises $5.5M To Scan And Evaluate Value Of Trading Cards

March 1, 2023

Card collectors often dispute how much their cards are worth. New Jersey-based CollX provides a free iOS and Android app to card enthusiasts that allows them to scan their trading cards and get value in return. Launched in January last year, the app has now more than 600,000 users who have scanned more than 100 million cards. CEO Ted Mann told […]

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War Costs — And Sales — Mount For PA Companies With Ukraine Ties A Year After Russia Invaded

March 1, 2023

When Russia attacked Ukraine last February, investors such as Pennsylvania’s state pension funds rushed to dump their Russian investments, horrified at the prospect of profiting from the unprovoked invasion. And firms with Russian and Ukrainian operations, like the Newtown, Bucks County-based EPAM — an information technology outsourcing firm which counted more than 20,000 staff in […]

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5 Lessons About Building A Business This Podcast Host Learned From Philly founders

February 27, 2023

“It’s a learning process”: Founding Philly host Zachary Brand shares insight from the entrepreneurs behind companies such as Nextmv, Lula and Rego. The Philly startup ecosystem has been on the rise for quite some time. In 2022, for instance, Philly was ranked 27th on Startup Genome’s Global Startup Ecosystem Report, two years after being named a lower-level […]

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With A Rebrand And Software Update, Lula Convenience Wants To Serve The Full Scope Of Retail Sales

February 27, 2023

After two years of growth, Philly-born Lula has a new identity. Adit Gupta and Tom Falzani have been building the tech-enabled delivery service for convenience stores since just after the pandemic hit. The startup’s first iteration was inspired by Gupta’s parents who ran their own convenience store, but were missing out on the instant-needs delivery momentum created […]

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