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Temple Spinout ExpressCells Adds New Investors to Meet ‘Rapidly Growing Demand’

April 12, 2021

ExpressCells, a gene editing technology company spun out of Temple University, has raised $590,500 in an equity financing. Founded in 2018, ExpressCells is using its own proprietary genome editing technology in combination with CRISPR to create advanced “knock-in” cell lines to enhance drug discovery and support other types of biological research. The speed of the […]

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Ambler’s Phenom Raises a $100M Series D After Acquiring 3 Companies in 6 Months

April 8, 2021

Ambler-based HR tech company Phenom just announced a $100 million Series D round of financing shortly after it acquired its third company in six months. The round was lead by B Capital Group with participation from Dragoneer Investment Group, OMERS Growth Equity and GoldenArc Capital. Phenom raised a $30 million Series C at the beginning […]

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Coded by Kids is Bringing an Inclusive Lens to the Mentor Connect Founders Program

April 6, 2021

Mentorship is widely noted as one way to boost underrepresented entrepreneurs. So as part of the Department of Commerce’s PHL: Most Diverse Tech Hub initiative, Philly nonprofit Coded by Kids is partnering with two orgs on their longstanding program to get young business talent connected to mentors. Ben Franklin Technology Partners and the Philadelphia Alliance […]

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After a Pandemic Growth Spurt, COVID-19 Test Maker Biomeme is Moving its HQ to North Broad and Looking to the Future

April 6, 2021

About this time last year, Biomeme — makers of a rapid COVID-19 test and other diagnostic hardware — had about 35 people in its 10th and Chestnut streets HQ. Enter a global pandemic. The company, now about 280 employees across the U.S. and about 120 in the Philadelphia region, has outgrown its office. It will […]

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The Air Force is Using This Mental Health Service to Help With Stress

April 2, 2021

The pandemic has been stressful for everyone, and that includes members of the military. In the past two years, suicide rates among active military service members have gone up 15%. The military has long offered resilience training and access to therapy, but in 2020, the Air Force decided to take a different course of action. […]

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