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.
MUST READS
Halfpenny Technologies, a Blue Bell-based provider of medical data technology has raised $2.25 million from a group of mostly local venture capital firms. Participating in the round were Emerald Stage2 Ventures, Osage Venture Partners, and LORE Associates among others.
Safeguard Scientifics led a $2.5 million round for Lumesis, a Connecticut-based financial technology company.
MIGHT BE WORTH YOUR TIME
First Round Capital has joined several angels and Shasta Ventures in a $6 million round for Poppin, an office supply maker. The investment is a bit of a departure for First Round which typically steers away from physical product-based businesses.
Center City-based DocDep has released SmartCap, a free online capitalization table tool for venture capitalists. We covered Capography, another local capitalization table tool, earlier this week.
GIVE A GLANCE
Lenard Marcus, principal of Edison Ventures is scheduled to speak at the Southeast Venture Conference. Speaking of Edison, the firm received $2 million from the state of New Jersey according to MedCity News.
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