Welcome to the VC Round-up, 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.
DEFINITE READS
Comcast Ventures, formerly Comcast Interactive Capital is expanding its presence in San Francisco. The firm has no plans to abandon its Philadelphia headquarters.
Martin Lehr of Osage Ventures writes a detailed blog post about current medical technology investment trends including the proliferation of “built to flip” medical technology companies.
MIGHT BE WORTH YOUR TIME
The Angel Venture Forum is moving to Washington D.C. after six years in Philadelphia. We’ll have more on this in our next Angel Interview.
According to an SEC filing, Smart Structures Inc. has raised $1 million in venture funding. According to the Southampton-based company’s website, Smart Structures helps provide builders with data and tools to assess the integrity of structures.
Medical technology company MDconnectME has raised $50,000, according to SEC filings. The company, based in Washington Square, was co-founded by Dr. Chad Gordon the surgeon who completed the first successful face transplant.
GIVE A GLANCE
DreamIt Ventures continues to face increased competition in the New York market. The latest contender, ER accelerator just announced its first 10 companies.
New York-based Altruik has raised $2.8 million in Series B funding from First Round Capital and other funds and angels. The company specializes in SEO for eCommerce companies.
Somebody from Ben Franklin Technology Partners gave this guy a call.
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