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Growth

HR tech startup Truvelop just raised a $700,000 seed round

Jan. 14, 2022 3:32 pm

HR tech startup Truvelop just raised a $700,000 seed round

CEO Lisa First-Willis said she hopes to double the company's size with hiring in 2022.
In a historic year for VC investment, Baltimore shattered recent records to raise $768M

Jan. 14, 2022 11:50 am

In a historic year for VC investment, Baltimore shattered recent records to raise $768M

Both the region and state saw major VC activity this year, according to the 2021 PitchBook-NVCA Venture Monitor. By the third quarter, 2021 had already soared past 2020's record. Q4 was just icing on the cake.
The DMV region raised an eye-popping $5B in venture capital in 2021

Jan. 14, 2022 1:18 am

The DMV region raised an eye-popping $5B in venture capital in 2021

With $1 billion raised in Q4 alone, local companies made big money moves last year. ScienceLogic, MPower Financing and Hawkeye 360 took the biggest cuts.
Let’s take a look at Philly’s $8B year: Q4 2021 venture capital data is in

Jan. 14, 2022 12:52 am

Let’s take a look at Philly’s $8B year: Q4 2021 venture capital data is in

Investments in local companies hit an all-time high for one single quarter, with some huge leading deals. Here's which companies got funded.
Pittsburgh VC made a comeback in Q4, but remained far behind national trends for 2021

Jan. 14, 2022 12:11 am

Pittsburgh VC made a comeback in Q4, but remained far behind national trends for 2021

While national Q4 venture capital deals yielded $88.2 billion, Pittsburgh only earned $121.2 million. Here's which companies got funding.
Power Moves: Penn named its new president, a lawyer and college exec who will succeed Amy Gutmann

Jan. 13, 2022 3:26 pm

Power Moves: Penn named its new president, a lawyer and college exec who will succeed Amy Gutmann

Plus, former Science Center CEO Stephen Tang is leaving OraSure Technologies with plans to reconnect with the Philly innovation community, and Erica Windisch is moving on from the company that acquired her own IOpipe in 2019.
This founder is borrowing Boomer expertise to execute new startup ideas

Jan. 13, 2022 1:22 pm

This founder is borrowing Boomer expertise to execute new startup ideas

Philly's Zave Smith is helping semi-retirees keep their skills in the workforce. Hear his story on the Founder's Forge podcast.
DC tech firm MassLight picked its first investment cohort

Jan. 12, 2022 5:22 pm

DC tech firm MassLight picked its first investment cohort

The Chinatown software consultancy just announced the five companies that will receive $100,000 in funding via a cohort model. Three are local.
Rysheema Dixon is expanding her work beyond Delaware borders

Jan. 12, 2022 3:03 pm

Rysheema Dixon is expanding her work beyond Delaware borders

The former City Councilwoman At Large made a choice to focus on her growing 10-year-old business, but she is still focused on helping communities here and abroad.
Biotech startup Peptilogics just got FDA clearance to test the efficacy of its signature product

Jan. 12, 2022 2:42 pm

Biotech startup Peptilogics just got FDA clearance to test the efficacy of its signature product

If successful, the South Side-based company's clinical trials will open the door to cost-saving and risk-reducing treatment of joint replacement infections.

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