Philly weekly roundup: Vetigenics raises $6M; Piano’s $45M Series D; Phenom’s 6th acquisition

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This week in Philly, a showdown between the Philly and Kansas City tech economies, how federal return to office could impact regions across the country and more.

Read on for Technical.ly’s weekly roundup of top news in the region.

📰 News Incubator: What else to know

• Governor Josh Shapiro presented his $51.5 billion budget for Pennsylvania. The plan outlines funds for workforce development, life sciences support and business resources. [PA.gov]

• The University City Science Center is accepting applications for its next Founders Fellowship cohort. Applicants should have a research focus on aging or Alzheimer’s disease. [The Science Center/Technical.ly]

• Penn spinout Vetigenics raised a $6 million seed round. The biotech company is developing antibody therapeutics for pets. [PR Newswire]

•  Data analytics company Piano raised a $45 million Series D and landed a $75 million secured term loan, totaling $120 million in funding. [Philly Biz Journal]

• Private equity firms Warburg Pincus and Berkshire Partners will acquire Radnor-based aerospace manufacturer Triumph Group. The deal is worth about $3 billion. [PR Newswire]

•  The City of Philadelphia was selected as a 2024 Digital Inclusion Visionary Trailblazer by the National Digital Inclusion Alliance. [City of Philadelphia]

•  HR tech company Phenom acquired talent platform EDGE. This is Phenom’s sixth acquisition and its second in less than a year. [BusinessWire/Technical.ly]

• AI gun detection platform ZeroEyes received a $2 million grant from the Pennsylvania Commission of Crime and Delinquency. This funding will support ZeroEyes’ technology in 15 school districts across the commonwealth. [PR Newswire]

• Philadelphia Eagle Saquon Barkley invested in New York-based financial services platform Ramp. [Ramp]

• Philadelphia’s Department of Commerce announced the Small Business Catalyst Fund. This $5 million fund aims to support small businesses across the city. [City of Philadelphia]

🗓️ On the Calendar

• Partner event: Join Temple’s Innovation & Entrepreneurship Institute for the return of its Innovation Leader Speaker Series on Feb. 11. Comcast NBCUniversal’s Luke Butler will be sharing his insights for how startups can work with some of the biggest companies in the world. Submit your questions here. [Register]

• Code for Philly’s February Hack Night is on Feb. 11 at Indy Hall. [More details]

• Morgan Lewis is hosting a webinar about AI privacy and cybersecurity on Feb. 12. [Register here]

• The Philadelphia Department of Commerce is hosting its next Tech Talks panel on Feb. 12. The session will discuss tech employment. [Register here]

• Nerd Street is partnering with Wooder Ice to host gamer-themed speed dating on Valentine’s Day, Feb. 14. [Buy tickets]

• Code and Coffee returns on Feb. 15 at the Yard. [More details]

• Model Internet Club is meeting at Iffy Books on Feb. 15. [Register here]