Startups
Investing / Philadelphia / Startups

Robin Hood Ventures leads $1.25m round in DreamIt grad PeerActive [Startup Roundup]

Curalate finds that blue Instagram photos get more likes than red ones, Edison Ventures managing partner Chris Sugden wins the NJ Tech Council's John H. Martinson Technology Supporter Award and a Langhorne biotech company raises $1 million.

WHO’S GETTING FUNDED?

Alliqua, a Langhorne, Pa. biotech company focused on wound care, raised $1 million from Boston-based Crossover Healthcare Fund, according to a release.

Chris Sugden, managing partner at Edison Ventures, was named the New Jersey Technology Council‘s John H. Martinson Technology Supporter Award, according to a release.

Robin Hood Ventures led a $1.25 million round in ecommerce company Peeractive, a former DreamIt Ventures company that recently relocated to New York City, according to a release.

Read about local investment funds Robin Hood Ventures, DreamIt Ventures and BioAdvance in this Keystone Edge story.

WHO’S GETTING BUZZ?

Curalate won the Startup Spotlight at ad:tech New York, a marketing and technology conference, according to AllVoices. The Center City visual analytics firm also recently did a study that found that blue photos get more likes on Instagram than red photos, The Next Web reported.

WHO’S MAKING MOVES?

ToonUps, a Wayne-based digital entertainment company, will make a donation to the CURE Foundation if the video below gets one million views. The money will “allow ten children to walk for the first time,” according to a release. ToonUps has 18 full-time employees, a spokeswoman said.

http://www.youtube.com/watch?v=rwelE8yyY0U

Companies: BioAdvance / Curalate / DreamIt Ventures / Edison Partners / Peeractive / Robin Hood Ventures

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