News and Publications

Ben Franklin Approved 1.7M in 12 Early Stage Companies

February 4, 2019

Companies approved for funding: Lithero – Philadelphia County Founded in 2015, Lithero is an AI software company that uses machine learning to streamline marketing regulatory compliance review in the life sciences industry. As a consultant and global team leader in the life sciences industry, Nyron Burke witnessed the overwhelming challenges of marketing regulatory compliance […]

Study: Ben Franklin Grew Pa.’s Economy by $4.1 Billion, Created 11,407 Jobs from 2012 to 2016

January 11, 2019

Challenges remain because of state funding shortfalls. PHILADELPHIA, Pa. (Jan. 9, 2019) –With a focus on startups and innovation, Ben Franklin Technology Partners (Ben Franklin) remains a powerful job creation and high-tech economic development engine for Pennsylvania, according to the latest independent economic analysis of the organization. But state funding shortfalls are starting to curtail […]

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. […]