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Exclusive: Plans for New Bacteria-Fighting Oral Hygiene Products Will Use This Ft. Washington Company’s Technology

April 4, 2019

A Montgomery County medical device company signed an exclusive licensing agreement Monday that will bring its patented bacteria-fighting technology to the dental industry. Financial terms of the deal between PhotoSonix Medical of Fort Washington and Goldspire Group Ltd., the Hong Kong-based maker of the patented Megasonex brand of ultrasonic toothbrushes and other oral hygiene products, […]

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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, […]

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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 […]

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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 […]

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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 […]

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