Startups
AmorSui Upgrades Protective Product Line In Effort To Set ‘New Standard’ In Health Care
A South Philadelphia apparel company launched during the Covid-19 pandemic has unveiled its improved and enhanced line of personal protective equipment (PPE) for health care workers and others. AmorSui was launched in 2020 by Beau Wangtrakuldee, a scientist and entrepreneur who founded the company after a chemical spill in a lab left her with severe burns. […]
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... Read More >Latus Launches with State-of-the-Art Gene Therapy Development Technologies, Two Lead Product Candidates, and an Initial $54 Million in Series A Financing
Latus Bio, Inc. (“Latus”), a biotechnology company developing novel gene therapy candidates for disorders of the central nervous system (CNS), today announced its launch and an initial close of $54 million in Series A financing. The funding round is being led by 8VC and DCVC Bio. To date, Samsung Life Science Fund (created by Samsung […]
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... Read More >TIME Names Yellowdig A Rising Star
TIME World’s Top EdTech Rising Stars of 2024 April 23, 2024 — Yellowdig is honored as one of the World’s Top EdTech Companies (Rising Stars) by TIME in partnership with Statista, a testament to its commitment to advancing educational technologies globally. This esteemed recognition stems from a rigorous evaluation process that scrutinized over 7,000 companies […]
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... Read More >Philly-Area Startup For Investing In Real Estate Debt Rebrands With Wider Offerings
Once known as Yieldeasy, the Newtown company is now called Finresi. It added hundreds of users after a pivot last spring. A Bucks County startup making an alternative real estate investment marketplace has rebranded: The company formerly known as Yieldeasy is now Finresi. The new name squishes together the words finance and residential. “I think […]
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... Read More >This Philly Founder Is Making Generational Wealth Building More Accessible
WealthMore is a financial planning platform that removes barriers and helps young adults with investment advice. For Mical Jeanlys-White, technology presents an opportunity to empower people to build wealth. The Philadelphia resident in 2022 founded WealthMore, a platform that provides young adults with access to wealth advisors and financial planning. A first generation American, Jeanlys-White remembers […]
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... Read More >The Philly Company That Makes Autonomous Farm Robots Just Raised $24M
Burro hopes to have 800 plant- and produce-hauling vehicles in operation by the end of the year. Philly’s small-but-growing robotics presence is attracting national attention, as evidenced by a big cash infusion for a company named after a hard-working beast of burden. Autonomous robotics company Burro, formerly known as Augean Robotics, announced it raised $24 million […]
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... Read More >Philly Mapmaker Used By National Policymakers And Nonprofits Raises $3M To Expand Product And Staff
PolicyMap, which started as a spinoff of Reinvestment Fund, just got its first outside investors. A Philly mapping software company has plans to grow its team and share data in 2024, spurred along by new funding from local investors. PolicyMap closed a $3 million Series A round in December led by local financier and policy research […]
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... Read More >Philadelphia Startup Burro Raises $24M With Plans To Expand Its Fleet Of Robots And Triple Revenue
Burro raised another $24 million from investors as it looks to grow revenue, hire additional employees and expand its fleet of agricultural robots. The Philadelphia startup’s Series B round was co-led by New York-based Catalyst Investors and Palo Alto-based Translink Capital and joined by existing investors S2G Ventures, Toyota Ventures, F-Prime Capital and the Cibus […]
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... Read More >PACE Aerospace And Nexteon Technologies To Provide FPO-SR Real-Time Optimization For JetBlue Fleets
FPO-SR combines PACE’s established Flight Profile Optimizer (FPO) with Nexteon’s innovative SmartRoutes to provide 4D real-time flight optimization and situational awareness enhancement. FPO-SR enables JetBlue pilots to optimize their route, altitude, and speed to save fuel and cost, and provide environmental benefits. PACE Aerospace and Information Technology GmbH (PACE), a subsidiary of TXT e-Solutions Spa […]
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... Read More >Advent Therapeutics Awarded $3 Million NIH Grant For Novel Neonatal Lung Therapy
Advent Therapeutics, Inc., a biotechnology company pioneering an optimized retinol palmitate (vitamin A) drug product as a breakthrough non-invasive inhaled neonatal lung therapy, has been awarded a $3 million National Institutes of Health (NIH) Small Business Innovation Research (SBIR) Phase IIB grant. This grant allows the Company to position its novel aerosolized vitamin A formulation […]
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