Ben Franklin Technology Partners has raised its largest ever amount of capital, securing $28 million towards its $100 million statewide fund in a bid to retain and grow startups in Pennsylvania. The Global Opportunity Pennsylvania Fund, or GO PA Fund...
Ben Franklin Northeast Announces $2.3 Million in Q1 Investments Ben Franklin Technology Partners of Northeastern Pennsylvania (Ben Franklin Northeast) has approved $2.3 million in investments during Q1 of Fiscal Year 2024. 10 innovative companies, including eight startups and two manufacturers,...
Wilmington is part of the Greater Philadelphia Region Precision Medicine Tech Hub, led by Ben Franklin Technology Partners of Southeastern PA. Here’s what comes next. It’s official, Delaware: We’re a tech hub. Part of one, at least. The US Department...
The Philadelphia tech hub will try to advance manufacturing and commercial development of cell and gene therapies. The Philadelphia region has been selected as one of 31 federal innovation and technology hubs, making the area eligible to compete for a...
A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology...
SAIL Fusion, a medical device company focused on advancing the surgical treatment of sacroiliac joint dysfunction through solutions built upon AO principles, today announced that it has conducted the first implantations of its novel BowTie SI Fusion System. The surgeries...
The Erie community came together today to celebrate local innovators who’ve successfully made the leap from start-up to up-and-running. Nearly 30 companies either received or paid funds forward to contribute to new startups, totaling an amount of more than $9.4...
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...
Despite a number of headwinds over the past three years – a global pandemic, labor shortages, supply chain issues, and fluctuating market conditions, to name just a few – area companies proved their grit. Surviving those challenges is laudable, but...
The following series features interviews with Black dealmakers and trailblazers in the private equity and finance community. Q: What attracted you to PE and venture capital? Alex King: My pathway to private equity and, more significantly, venture capital was part of my...