News and Publications

Ben Franklin Approved 3M in 17 Early Stage Companies

November 8, 2018

Companies approved for funding: Wearwell – Philadelphia County wearwell makes it effortless for women to find clothes that fit their style and their values. Think positively impacting workers’ rights and environmental sustainability. wearwell does this through a one-of-a-kind personalized shopping experience and is an e-commerce and market analytics startup working to revolutionize the way […]

FY 2018: Ben Franklin Approved $10.3 Million in 60 Companies

September 4, 2018

New Co-Investment Partnerships: StartupPHL Seed Fund II: A $5M partnership to grow early stage ventures in the city of Philadelphia. Venture Chesco: Venture Chesco is a partnership between the Chester County Retirement Board and Ben Franklin to invest $4M in emerging and growing companies in Chester County. ImpactPHL Ventures: $15 million collaborative to grow […]

Ben Franklin Approved 1.8M in 14 Early Stage Companies

July 31, 2018

Companies approved for funding: Dr. Ayala’s Magic Spice – Montgomery County Founded by a physician passionate about food and its power to provide both wellness and joy, Dr. Ayala’s innovative products deliver practical solutions to boost flavor and nutritional value, to make healthy eating easier, and to engage people in healthy habits through technology. […]

Ben Franklin Approved 2M in 10 Early Stage Companies

May 16, 2018

Companies approved for funding: Bakround – Philadelphia County Bakround is an AI company focused on recruiting and employee retention in the healthcare industry. bakround.com Deepwave Digital, Inc. – Philadelphia County Deepwave Digital directly enables the incorporation of artificial intelligence into radio frequency and wireless systems by providing a full-stack (hardware and software) development and […]

PIDC Announces Selection of Ben Franklin Technology Partners (Ben Franklin) as Investment Partner in New StartupPHL Seed Fund II

April 18, 2018

The $5M Seed Fund II is next phase of StartupPHL investment fund aimed to increase availability of early-stage capital in the local startup community. Philadelphia, PA (March 15, 2018) – PIDC, Philadelphia’s public-private economic development corporation and partner with the City of Philadelphia in the StartupPHL initiative, today announced Ben Franklin Technology Partners (Ben Franklin), a […]