Blog

One of the Philadelphia Region’s Fastest-Growing Private Companies is Acquired

January 19, 2022

Fast-growing Philadelphia-based digital behavioral health company Tridiuum has been acquired for an undisclosed sum. Overland Park, Kansas-based New Directions Behavioral Health bought the tech-oriented company to dramatically reduce the time between when patients are screened and when they receive care. Terms of the deal were not disclosed. New Directions and Tridiuum partnered on a program […]

13 Philadelphia-Area Startups to Keep Your Eye on in 2022

January 10, 2022

Soaring investor confidence in 2021 led to accelerated funding activity for enterprising technologies, entrepreneurs and businesses in Greater Philadelphia. Startups throughout the region raised record amounts of capital last year while posting tremendous growth, even as the Covid-19 pandemic continued to impact the global workforce and supply chain. Recognizing some of the most promising startups, […]

Respiratory Device Company Strados Labs Raised $4.5M, With 2022 Hiring Plans

January 6, 2022

Strados Labs, maker of a non-invasive respiratory smart device and system, has raised $4.5 million with plans to grow its team and scale its platform for more trials. CEO and cofounder Nick Delmonico told Technical.ly that cultivate(MD), a medical device venture capital fund, was this round’s lead investor — a “perfect fit,” the CEO said. […]

Deals That Transformed Philly’s Tech Scene in 2021

December 28, 2021

The relentless rise in U.S. tech stock prices since the last recession, and the private-company valuations that follow those stock trends, this year fueled a rush of deals by Big Tech and private-equity giants, reshaping the landscape of Philly’s technology employers alongside everyone else. Just last week, Oracle, the Silicon Valley business-software giant, which has […]

ExpressCells and Funakoshi Establishes Japanese Distribution Agreement

December 22, 2021

ExpressCells, Inc., a genetic engineering company that creates genetically edited cell lines for research and production, and Funakoshi Co., Ltd., a leading Japanese distributor of scientific products, announced today that the companies have entered into a strategic partnership where Funakoshi will distribute ExpressCells’ products in Japan. The agreement brings together two companies advancing innovation by […]