WHO’S GETTING FUNDED?
Osage University Partners participated in an $11.8 million Series A round for Evolve Technologies, a Seattle-area metamaterials company, and in a $45.9M Series C round for San Diego-based Ottonomy, which develops inner-ear drugs.
Osage University Partners, an arm of the Bala Cynwyd-based VC Osage Partners, focuses on startups commercializing university research. It recently announced a partnership with the tech transfer office of the Children’s Hospital of Pennsylvania.
IBM acquired New York City mobile company Xtify, a portfolio company of Center City-based SeventySix Capital led by Wayne Kimmel, according to a release. Terms of the deal were not disclosed. This is the third exit from Kimmel’s current fund, according to an email from SeventySix Capital.
First Round Capital once again invested in True and Co., the San Francisco-based bra retailer. The company raised $4 million, TechCrunch reported.
WHO’S MAKING MOVES?
Yorn, the real-time feedback platform based in Center City, has shifted its focus to healthcare. It recently announced a partnership with Penn Medicine, whose patients will be able to use Yorn to provide feedback on their experience. Read more on the Inquirer. Yorn CEO Rick Rasansky has also been speaking at healthcare IT conferences in Silicon Valley, a spokeswoman told us.
Ten Chief Marketing Officers of Fortune 100 companies don’t have LinkedIn, according to a report by PeopleLinx, the Center City LinkedIn analytics and strategy company. Check out the whole report here.
WHO’S GETTING BUZZ?
Orai lands $2.3M seed round led by Comcast Ventures
Live Philly wants to liven up your weekend
Food Connect is now saving 12,000 meals from hitting the trash can every month
This rising fintech startup is helping make life’s expenses easier to manage
These Philadelphia tech companies will make waves in 2019: Technical.ly realLIST
NextFab is seeing more out-of-state companies apply to its RAPID accelerator
How this design company is becoming the go-to for Philly’s startup community
Pitch to speak at Comcast Labs Connect’s data security conference
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