Along with its recent funding of startups in other regions of Pennsylvania, Benjamin Franklin Technology Partners (BFTP) invested $1.375 million in seven companies based out of the Philadelphia suburbs, it announced Monday.
The companies range from a Doylestown company that provides tools for drilling companies working in the Marcellus Shale to a Bucks County company that makes dehydrated vegetable chips.
The state-backed economic development program has invested $4.7 million in 30 local startups in the 2012 fiscal year, Newsworks reported yesterday. Get more details on Newsworks and find the full list of startups on Flying Kite.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
Donate to the Journalism Fund
Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Comcast isn’t worried about free Super Bowl streaming — here’s why

These 10 regions could be most impacted by federal return-to-office mandates

Philly grandpa scores Super Bowl tickets thanks to a local startup that raises money for nonprofits
