Welcome to the roundup of the latest from Philly's tech and entrepreneurship scene. Want this in your inbox? Subscribe for free.
This week in Philly, a $12 million digital equity grant, the local Tech Hub misses out on funding again and more.
Read on for Technical.ly’s weekly roundup of top news in the region.
📰 News Incubator: What else to know
• The Philadelphia region raised over $1 billion in venture capital funding at the end of 2024, according to Pitchbook’s quarterly Venture Monitor report. [Technical.ly]
• Local nonprofits share how developing their own AI employees helped org leaders spend less time on admin and more on helping clients. [Technical.ly]
• Philly-area companies experienced $10 billion worth of acquisitions in 2024. [Philly Biz Journal]
• SEPTA is considering bringing in a new company to update its Key Card electronic payment system. The updated system could cost the transit agency $211 million. [The Inquirer]
• Councilmember Isaiah Thomas along with a PHLGaming task force released a report about the current state of the gaming and esports ecosystem in Philly. [Councilmember Isaiah Thomas]
• The City of Philadelphia’s Department of Commerce recognized biotech company Integral Molecular as an “Employer of Choice” for 2025. [Integral Molecular]
• Chestnut Hill-base speculative fiction bookstore Multiverse Philly was chosen to exhibit the original action figure for Sun-Man, a Black action figure created in 1985. [Technical.ly/Multiverse Philly]
• ZeroEyes announced two new c-suite execs, a chief product officer and a CTO. The gun detection software company also recently announced a partnership with Northeastern School District in York County. [PR Newswire]
• The Pennsylvania Department of Environmental Protection and CODE PA released a new permit tracking tool. [PA.gov]
🗓️ On the Calendar
• Venture Cafe’s next event will be at the University City Science Center on Thursday, Jan. 23. [Sign up]
• Learn more about the patent lifecycle on Jan. 23 at a virtual session hosted by the Pennovation Center. [Register here]
• Philly Data Visualization Meetup’s next event is on Jan. 23 at Cesium. [More details]
• Philly Game Mechanics’ Global Game Jawn is back on Jan. 24. Join the group for a collaborative game jam, no experience required. [Sign up here]
• Code and Coffee returns on Jan. 25 at the Yard. [More details]
Sarah Huffman is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Lenfest Institute for Journalism.Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
I’m a teenager who quit social media — and I’ve never been happier
Supreme Court upholds TikTok ban, as creators and communities brace for impact
Expect even more drones over NJ, Delaware and PA this year — thanks to agriculture, the military and hobbyists
