News + Research
Philadelphia Venture Report 2022
March 7, 2023
Philadelphia’s VC ecosystem proved resilient in 2022 and now counts itself in the top five ecosystems in the United States in terms of deal flow. The city has taken in more than 1,000 investments over the past two years, worth...
Ben Franklin’s Food and Beverage TechCelerator is hosting a Pitch Event!
March 6, 2023
Join us to vote on your favorite food and beverage business concept and help award a cash prize of 1,000 to a Pennsylvania-based startup! Ben Franklin’s Food & Beverage TechCelerator recently offered a 10-week business startup boot camp for entrepreneurs...
CollX Raises $5.5M To Scan And Evaluate Value Of Trading Cards
March 1, 2023
Card collectors often dispute how much their cards are worth. New Jersey-based CollX provides a free iOS and Android app to card enthusiasts that allows them to scan their trading cards and get value in return. Launched in January last year, the app has now more...
War Costs — And Sales — Mount For PA Companies With Ukraine Ties A Year After Russia Invaded
March 1, 2023
When Russia attacked Ukraine last February, investors such as Pennsylvania’s state pension funds rushed to dump their Russian investments, horrified at the prospect of profiting from the unprovoked invasion. And firms with Russian and Ukrainian operations, like the Newtown, Bucks...
5 Lessons About Building A Business This Podcast Host Learned From Philly founders
February 27, 2023
“It’s a learning process”: Founding Philly host Zachary Brand shares insight from the entrepreneurs behind companies such as Nextmv, Lula and Rego. The Philly startup ecosystem has been on the rise for quite some time. In 2022, for instance, Philly...
With A Rebrand And Software Update, Lula Convenience Wants To Serve The Full Scope Of Retail Sales
February 27, 2023
After two years of growth, Philly-born Lula has a new identity. Adit Gupta and Tom Falzani have been building the tech-enabled delivery service for convenience stores since just after the pandemic hit. The startup’s first iteration was inspired by Gupta’s parents who...
CollX Raises $5.5M Seed Round, Nears Top Of Charts For Sports Apps
February 23, 2023
CollX has closed on a $5.5 million seed round as the sports trading card startup nears the top of the charts among all sports apps. The round was led by Austin-based Brand Foundry Ventures, with participation from Next Coast Ventures,...
Philly’s NeuroFlow Won $500K In A VA Challenge For Suicide Prevention
February 17, 2023
Bringing data, mental health resources and tech, 10 teams were given millions in funding for their solutions to combat veteran suicide. Veteran-founded mental health tech platform maker NeuroFlow is one of 10 companies to receive prize funding from the US Department of...
Ben Franklin Launches Fund to Assist Life Science Startups
February 7, 2023
Ben Franklin Technology Partners of Northeastern Pennsylvania (Ben Franklin Northeast) has announced the Life Science and Healthcare Technology Fund, designed to assist in the creation of life science startups in Northeastern Pennsylvania. The fund provides up to $250,000 to match...