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.
GIVE A GLANCE
Take a photo tour of DreamIt Ventures‘ fall Philly cycle office space in the University City Science Center‘s 3701 Market Street building. The current cycle’s Demo Day is this week.
Hear from Bernie Rudnick, angel investor and cofounder of MidAtlantic Diamond Ventures, who offered some advice to entrepreneurs seeking investment at last week’s Coffee & Capital event at the Science Center.
Benjamin Franklin Technology Partners invested $1.5 million in eight Philly-region companies, we reported last week.
MIGHT BE WORTH YOUR TIME
In case y0u missed it, we recapped GoodCompany Ventures‘ Investor Day, where social entrepreneurs from its summer accelerator showcased their startups.
AFCell Medical: Wayne-based biotech company raises $1M [VC Roundup]
Safeguard Scientifics leads $8.7M round for NYC’s AppFirst [VC Roundup]
Xtium: King of Prussia cloud-hosting company raises $2M [VC Roundup]
Penn (still) has high rate of alumni entrepreneurs leaving the region: report [VC Roundup]
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