Blog

Strength of Life Sciences Lifts Philly’s VC Ecosystem to Record Heights

February 18, 2020

At $2.5 billion invested across 225 venture financings for the year, Philly’s venture ecosystem closed out 2019 stronger than ever, helping to push the average disclosed round value to $11.2 million. Moreover, the region’s pharma & biotech sector commanded more than $1 billion in overall deal value in its own right last year for the […]

The Startups, CEOs and Deals up for a PACT 2020 Enterprise Award

February 12, 2020

The Philadelphia Alliance of Capital and Technologies revealed the nominees for this year’s Enterprise Awards, the annual Oscars-esque gala celebrating the top leaders, companies and deals of the region’s venture capital world. The awards, set for May 12 at the Kimmel Center, are now in their 27th year. The final nominees are picked from a […]

Meet The Founders Heading To SXSW With Philly Startup Leaders

February 11, 2020

Proud to see that #PHLPicnic can help companies share Philly innovation with the world – and proud to be in the company of great partners! @PIDCphila @NavyYardPhila @PhillyNewTech @startupleaders @UCScienceCenter @StartupPHL @venture4america https://t.co/0lkamM2UCi — Ben Franklin (@bftp_sep) February 10, 2020 A few weeks ago we mentioned that Philly Startup Leaders has a unique opportunity to […]

Why Real Estate Startup Houwzer Picked Baltimore and Orlando for its Next Expansion

February 6, 2020

Center City-based real estate startup Houwzer, creators and operators of a tech-enabled brokerage service, announced that it has plans to expand to two new markets and has just raised a $9.5 million Series A round of financing. The round was led by Princeton-based Edison Partners, and previous investors Admiral Capital Group and real estate investor […]

Inside Annovis Bio’s $13.8 Million IPO

February 5, 2020

Maria Maccecchini made no effort to hide her glee a day after her company completed a multimillion-dollar initial public stock offering. “We aren’t cash-strapped anymore,” said the founder and CEO of Annovis Bio, greeting a visitor at her Chester County office. Annovis ended up raising a total of $13.8 million from its IPO, which closed […]