Startups

NewSpring is raising $200 million [VC Roundup]

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 READ Four new companies have taken up residence [PDF link] at the […]

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 READ

Four new companies have taken up residence [PDF link] at the University City Science Center according to a press release. DreamIt Ventures Kwelia and new online-only publication Med City News are among the group in the Center’s “bullpen” offices.

The Philadelphia Inquirer has a feature on Quanta a Malvern-based maker of high-tech storm windows. The company has received $500,000 in grants from Ben Franklin Technology Partners.

According to SEC filings, NewSpring Growth Capital is raising $200 million for its third fund.

MIGHT BE WORTH YOUR TIME

DreamIt Ventures got a mention from TIME magazine in this link roundup.

Ben Franklin Technology Partners VP of Investment Terrence Hicks will visit the Science Center on February 29th for an informal Q and A session complete with coffee and a light breakfast. Just be sure not to ask him anything from the Q and A we did last Summer.

William Crowder, who headed up the Comcast Minority Entrepreneurial Accelerator Program in Philadelphia this Fall, will be in DC to talk about the incubators upcoming NYC class.

According to Mass High Tech, Osage University Partners is among the firms to invest $20 million in MC10, a maker of flexible electronics.

GIVE A GLANCE

Comcast Ventures threw an awesome party on the West Coast, says this guy.

Companies: Kwelia
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