Benjamin Franklin Technology Partners invests $1.375 million in Philly-area startups - Technical.ly Philly

Aug. 9, 2012 9:30 am

Benjamin Franklin Technology Partners invests $1.375 million in Philly-area startups

Along with its recent funding of startups in other regions of Pennsylvania, Benjamin Franklin Technology Partners (BFTP) invested $1.375 million in seven companies based out of the Philadelphia suburbs, it announced Monday. The companies range from a Doylestown company that provides tools for drilling companies working in the Marcellus Shale to a Bucks County company […]

Along with its recent funding of startups in other regions of Pennsylvania, Benjamin Franklin Technology Partners (BFTP) invested $1.375 million in seven companies based out of the Philadelphia suburbs, it announced Monday.

The companies range from a Doylestown company that provides tools for drilling companies working in the Marcellus Shale to a Bucks County company that makes dehydrated vegetable chips.

The state-backed economic development programĀ  has invested $4.7 million in 30 local startups in the 2012 fiscal year, Newsworks reported yesterday. Get more details on Newsworks and find the full list of startups on Flying Kite.

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Juliana Reyes

Juliana Reyes has been covering the Philadelphia tech scene since 2012. She's co-president of the Asian American Journalists Association Philadelphia chapter and a two-time Philadelphia News Award winner for "Community Reporting of the Year." The Bryn Mawr College grad lives in West Philly, likes her food spicy and wears jumpsuits often.

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