The Grays Ferry innovation campus adds a robotics startup and two young healthtech companies.
June 30, 2016 | Technical.ly by Roberto Torres
Didn’t we say to expect more surprises from the Pennovation Center?
Since we told you Hershey Co. was going to be the inaugural corporate tenant at the 200,000-square-foot Grays Ferry space, three additional companies have been announced as upcoming members of the community.
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ImMAGE Biotherapeutics recently leased space at the University City Science Center.
June 27, 2016 | Technical.ly by Albert Hong
Instead of relying on cancer treatments (like chemotherapy) that often weaken the immune system, a new biotech startup is approaching the problem by making your body’s natural defenses stronger.
ImMAGE Biotherapeutics, founded in May 2015 with an office in Bethesda, Md., is currently working out of lab facilities at D.C.’s Howard University to develop a better treatment for triple-negative breast cancer. The company aims to use the body’s immune system to target a specific type of protein called MAGE-A…
“Our plan is to expand our research collaboration to Philadelphia and NYC universities as well as start building a regulatory team and business development team using talents from the Tri-state area, at which point we will be getting a full office in Philadelphia,” said ImMAGE COO Mahesh Narayanan, who grew up in Delaware County and earned a master’s in biotechnology from the University of Pennsylvania.
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Demand respect, know what you’re worth and more advice that tech industry veteran Yvonne Chen wishes she knew when she was starting out.
June 24, 2016 | Technical.ly by Yvonne Chen
If you’re a recent female graduate in a science, technology, engineering and mathematics (STEM) field, I have good news: now is one of the best times for you to get hired.
Yes, women are outnumbered by men in STEM fields. But you’re stepping into a workpool where opportunities and smart conversations about women in technology are happening, more than ever. I’ve seen forward-thinking companies, like Etsy and Slack, that recognize the value of a diverse workforce and that are trying ever harder to correct this imbalance. Meetups and organizations across the spectrum like Girl Develop It, Women Who Code and Women in Tech have sprung into being to help and grow women in technical spaces.
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It’s different than the Nutter administration’s FastFWD approach, but a new Bobby Henon proposal is meant to smooth over some of the same issues.
June 23, 2016 | Technical.ly by Roberto Torres
In 2014, the City of Philadelphia took a million dollars and devoted it to streamlining the procurement process. Why? Because how governments buy goods and services from the private sector can be clunky. …
Well, fast forward to now and city officials are taking another hack at procurement. And this time it’s City Council that’s getting wonky.
Councilman Bobby Henon introduced a bill last week that aims to help Philly small businesses.
The University City-based 1315 Capital is aiming to make investments of up to $20 million in promising life sciences companies.
June 15, 2016 | Technical.ly by Roberto Torres
As of today, there’s $200 million in fresh investment money looking for a new home. But you have to dream big. The funding is meant for companies that “have the potential to generate $100 million a year in revenue.”
So says University City-based 1315 Capital. The growth-equity firm announced Wednesday the closing of a $200 million fund aimed at commercial-stage pharma, medical and healthcare services companies.
The University City-based company is gearing up for the release of its Athena “high-tech rape whistle.”
June 9, 2016 | Technical.ly by Roberto Torres
ROAR for Good, that wearable tech company we’ve been telling you about, just made Entrepreneur’s Top 10 in Wearable Wellness list.
After raising a $150,000 seed round last year, the company is gearing up for the release of its Athena product, a “high-tech rape whistle” that emits an alarm and alerts loved ones by text message at the touch of a button.
An Indiegogo campaign that closed last November raised an additional $300,000 toward the development of the product.
Philadelphia-based BioBots has brought bioprinting to a smaller, more affordable scale.
June 6, 2016 | Inc Magazine by Kevin J. Ryan
Inc.’s 11th annual 30 Under 30 list features the young founders taking on some of the world’s biggest challenges. Here, meet BioBots.
Danny Cabrera has been defying the odds all his life. When he was a 10-year-old living in Cuba, Cabrera’s family had dreams of immigrating to America. His father won a visa lottery to travel to the U.S., and the Cabreras set sail for Miami and soon settled in.
As an 18-year-old at Miami Dade College, he had Ivy League ambitions. So he applied to the University of Pennsylvania and was accepted as a double major in computer science and biology.
At Penn, he wanted to find a way to manipulate biology and build living things from scratch. He soon met Ricardo Solorzano, another biology major from Miami, and the two got to work building a 3-D bioprinter.
Now, Cabrera and Solorzano are the co-founders of BioBots, a startup that creates desktop 3-D printers that can produce living tissue. The entrepreneurs used existing 3-D printing components that were primarily meant for manufacturing plastics and metals and used them to build a bioprinter. The result is a bioprinter far less expensive than most of its competitors: At $10,000, BioBots products are accessible to labs that can’t afford the hundreds of thousands of dollars 3-D printers usually cost. And while most bioprinters can take up entire rooms and have many moving parts, BioBots builds machines about the size of a microwave.
“Imagine a world where scientists could design living things with their laptops and print them on their desktops,” says Cabrera. “That’s what got us really going.” …