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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 […]

Avanos Medical To Acquire OrthogenRx for $160 Million

December 15, 2021

Avanos Medical, Inc. (NYSE: AVNS) today announced it has entered into a definitive agreement to acquire OrthogenRx, Inc., an emerging leader in viscosupplementation therapies for the treatment of knee osteoarthritis (OA) pain, for a total consideration of $160 million. The purchase price consists of $130 million in cash at closing plus an additional $30 million […]

GoCoach Raises $3.5 Million Seed Round Led by Panoramic Ventures to Help Organizations Coach and Upskill Workforces

December 14, 2021

GoCoach, an upskilling, workplace learning, and coaching platform, has secured an oversubscribed venture round led by Panoramic Ventures. Other investors participating in the round include Early Light Ventures, Zane Capital, WGU Labs, RevUp Capital, Gaingels, Ben Franklin Technology Partners, and Global Super Angels Fund. The caliber and variety of investors participating in this round demonstrates […]