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]
