Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.
In related news, one of the Form Ds for First Round’s third fund has hit the wire. The FormD, filed on December 1st, is for $742,500. The firm’s third fund was widely reported at $125 million.
MIGHT BE WORTH YOUR TIME
Invisible Sentinel, a bio tech company based in the Science Center that is working on food safety, has raised $2 million.
GIVE A GLANCE
There have been lots of rumblings lately about a new Internet bubble. However, there’s one big difference between the current “bubble” and the once in 2000: the last bubble was mostly publicly held companies, thus affecting the entire market. This “bubble” however is lead by privately held companies.
The Mid-Atlantic Angel Group has rearranged some of its leadership.
First Round Capital has invested in Single Platform, a service that helps restaurants enhance their digital presence. The 67th Ward-based company has a former Seamless Web VP on board.
Events Roundup: 10 ways to take action through tech this October
How these Philly media orgs are getting the word out on the census, voting and COVID-19
HR tech company Phenom makes its first acquisition: AI-driven scheduling platform My Ally
Watch: How to take an internal hackathon project to scale
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