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How Philly convinced this startup to stay
Dama Health came to Philly from the UK this summer to participate in the Capital Readiness Program at the University City Science Center. The program not only helped the company prepare for future fundraising but also solidified its desire to grow in the US market.
The women’s health company already had ties to Philly through clinical partnerships based here. The company now plans to stay connected to the market as it grows.
➡️ Read more about why Dama Health is interested in growing in the US
Social media as news platform
More people than ever are getting local news from social media. About 23% of Americans say it’s their primary source, per the latest Pew survey, up from 15% half a decade ago — and the younger you are, the more likely that is. That’s one reason Technical.ly is on these platforms. At least some of them.
Our latest move is to start posting regularly on Threads — follow us at @technical_ly — but we’re also heavily active on LinkedIn, which makes sense as the innovation ecosystem’s platform of choice, since it’s so heavily business-focused. We’re rethinking our strategy for Instagram (if you have suggestions, let us know) and are also still posting on Facebook. Last note: As of this week, we’re moving all X posts to our main account instead of market-specific feeds, so if you’re still there, give that a follow.
➡️ Thanks for reading — see you on LinkedIn?
News Incubator: What else to know today
• Monarch Therapeutics won BioLabs Philadelphia Golden Ticket 2024. The company, which is developing therapies to treat solid tumors, won a year of free lab space at BioLabs Philadelphia. [BioLabs]
• The World Trade Centers Association’s 56th Global Business Forum is coming to Philadelphia in 2026. [Philly Biz Journal]
• Inc. Magazine released its list of the top growing companies in the United States. Philly-based TruSight, King of Prussia-based Greenphire and Ambler-based Phenom all made this year’s edition. [Inc]
• Penn Engineering professor Chris Callison-Burch is researching AI-text detectors, and created a benchmarking tool to measure current detection capabilities. [Penn Engineering]
🗓️ On the Calendar
• If you’re in the healthcare, technology or entrepreneurship spaces, check out Health Tech PHL on August 15. [Register here]
• Philly Game Dev Club is hosting a hangout on August 18 at Dock Street Brewery. [Details here]
• Philly Tech Entrepreneurs’ happy hour series is back on August 27. [More info]
• Technical.ly is partnering with Back Pocket Media to bring Story Fest back to Philly and host local journalism live on stage. The event on September 25 and 26 at the Bok Building is sponsored by the Knight Foundation and Comcast NBCUniversal. [Buy tickets]
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...
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