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This week in Philly, a look at the Lancaster tech ecosystem, regional VC takes another dip and more.
Read on for Technical.ly’s weekly roundup of top news in the region.
📰 News Incubator: What else to know
• Despite industry challenges, King of Prussia-based InductEV is bringing its wireless electric vehicle chargers to clients around the world — and it thanks its PA presence for the success. [Technical.ly]
• In tough times, it’s sometimes the small gestures that mean the most. Lifelong Philadelphian Eric Wyatt founded plush toy company Burden the Bear as a way to offer comfort even when you can’t be by a person’s side. [Technical.ly]
• The University City Science Center announced Nicholas A. Siciliano, 1315 Capital, Steven Hess and Donna Frisby-Greenwood as the winners of this year’s Nucleus Awards. [The Science Center ]
• Biotech company Radiant Biotherapeutics announced Deborah Geraghty as its new CEO and president. The company is headquartered in both Chester County and Toronto. [Business Wire]
• The final round of applications for Broadband Equity, Access and Deployment funds is open now through Aug. 1. Pennsylvania received $1.16 billion from the federal government to expand the internet infrastructure. [DCED/Technical.ly]
• A new report from Code for America named Pennsylvania as a top state for AI usage and capacity building in the government. [Axios]
• Medical device company LifeScan filed for bankruptcy. The Chester County-based company entered a restructuring agreement with lenders and its equity sponsor. [Philly Biz Journal]
• Pennsylvania is in its data center era. With a $90 billion private-sector pledge to AI and energy, the “gold rush” to build up the warehouses powering innovation is on. But some Pennsylvanians are hesitant to embrace the change, citing concerns about zoning and environmental impacts. [Technical.ly/Technical.ly/Technical.ly]
On the Calendar
🗓️ Technical.ly event: US higher ed is in the crosshairs right now. What does that mean for the role universities have traditionally played as economic engines and ecosystem hubs? Join the next Technical.ly Builders Live podcast on Wednesday afternoon to find out. [Register here]
🗓️ Partner event: Best excuse to visit Chicago? Apply to the annual GPLEX conference and join local leaders to gain insights on how Philly can grow a vibrant economy, attract and retain talent and build an even stronger tech ecosystem. Deadline: July 21. [Read more/Details here]
🗓️ Partner event: Are you an enterprise-ready AI startup looking to accelerate your path to collaboration? Request to attend the fall info session for the Comcast LIFT Labs Enterprise Accelerator, happening Wednesday at noon. [Register here]
🗓️ Check out some of Philly’s up-and-coming startups at this year’s Pennovation Accelerator pitch day on July 23. [Register here ]
🗓️ Code and Coffee Philly is mixing it up with a different venue this month. Join the group for a coworking day at Pennovation Works on July 24. [More details]
🗓️ Swing by Hive76 for an open house on July 27 and learn more about the makerspace. [Sign up]
