Blog

South Philly Agtech Startup Augean Robotics Raises $1.5M

April 4, 2019

NextFab-based Augean Robotics, makers of a full-stack robotics platform for the farming industry, just raised a $1.5 million seed round to grow its staff and scale the deployment of its technology. The company, which makes an autonomous, collaborative farming robot called Burro, raised some initial cash as part of its participation in the RAPID accelerator, […]

Ben Franklin Tech Partners’ Portfolio Companies Raised $345M in 2018

March 28, 2019

After ramping up investments in recent years, prolific seed fund and economic development nonprofit Ben Franklin Technology Partners of Southeastern Pennsylvania’s is seeing the results. A new Performance Profile report released this week shows that its portfolio companies raised $354 million in funding in association with BFTP’s investments in 2018, a spike from $152 million […]

VC Investing in Philadelphia Hit Record Highs, and Lows, in 2018

March 27, 2019

A new report from PACT and PitchBook shows Philadelphia saw a record year of investments in 2018, when $1.4 billion was poured into local firms, the most in a decade. Released by PACT, the report also documented declines in exits and fundraising by venture capital firms. All put together, though, it depicts a region’s that […]

LeagueSide Expands Nationally; Achieves 400+% Growth In Last 12 Months

March 25, 2019

LeagueSide, the nation’s leading youth sports marketing company enabling regional and national brands to sponsor youth sports leagues, has announced the kickoff of 2019 campaigns for prominent brands, including: Apparent Insurance, CityMD, Comerica, GoGo squeeZ, Noodles and Company, Meiji Hello Panda, Netspend, Popsicle®, Post Consumer Brands, The Franklin Institute and UPMC Health Plan. Based on […]

Why Chef Jose Andres & TGI Friday’s are Using this Philly Restaurant Tech Firm

March 21, 2019

Renowned chefs José Andrés and Michael Solomonov, Philadelphia coffee company La Colombe and national chain TGI Fridays are just a few names using a platform by a growing, venture-backed Philadelphia restaurant technology company now in a Series A round. Three years ago, local entrepreneurs Andy Schwartz, Bhavik Patel and Chaz Brown set out to make […]