Sojo Industries secures $10M Series A
Sojo Industries announced a $10 million Series A fundraise and a new partnership with dairy giant Schreiber Foods. The funding will go toward developing Sojo’s products and boosting facilities beyond Pennsylvania.
Specifically, Sojo will invest in its Sojo Flight product for manufacturers and tracking software Sojo Shield.
➡️ Read more about how Sojo’s success reflects the wider Philly robotics scene
AI takes center stage at the Wharton School
The Wharton School announced a new AI-focused strategy at the end of last school year to help students prepare to use the technology in the professional world.
This commitment includes plans for an AI major in the business school, basics of AI class, hands-on experience with companies, funding for AI-related projects and more.
News Incubator: What else to know today
• Gen Z professionals are leaning towards freelancing and gig work because of the flexibility and control it offers, wrote Technical.ly CEO Chris Wink. [Technical.ly]
• Philadelphia had the third-highest growth for coworking spaces in Q2 2024, according to a quarterly report from Coworking Cafe. There are 2.5 million square feet of coworking space in the city. [Coworking Cafe]
• The University City Science Center opened applications for the next cohort of its Capital Readiness Program. The program helps prepare funders to seek out capital. [The Science Center/Technical.ly]
• The City of Philadelphia launched a multilingual video series to help non-English speaking business owners access information and resources. [City of Philadelphia]
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