Fans of raw foods, sports, coupon savings and more, rejoice. Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP)
, celebrating its 30th anniversary, recently approved $1,550,000 in funding for nine early-stage companies.
, Philadelphia, $250,000 (Ben Franklin previously invested $300,000)
AgileSwitch develops power converter technology to produce useful energy from renewable energy technologies, including solar panels and wind turbines. AgileSwitch's products can be fully customized to meet the needs and demands of virtually any customer application, and are better able to monitor and prevent problems such as overheating.
Brad's Raw Foods
, Pipersville, $100,000 (Ben Franklin previously invested $100,000)
Brad's Raw Foods, manufactured with an advanced dehydration technology, offers a line of healthy, crunchy snacks made from dehydrated raw, healthy foods such as fresh vegetables, nuts and seeds. The company is developing other raw food products, including dog treats, onion rings, and zucchini sticks.
Cocurrent BioEnergy is creating alternative solutions to landfills that produce renewable energy at competitive rates. The company's plan is to develop and operate renewable energy assets (which repurpose solid waste into sources of fuel) throughout North America over the next 20-30 years.
(Mobile Reactor, LLC),Philadelphia, $75,000 (Ben Franklin previously invested $300,000)
The OneTwoSee platform is a state-of-the-art suite of technologies that augments sports fans' experiences through any screen. The business-to-business platform is licensed to television broadcasters, online publishers, sports arena owners and smart TV manufactures, allowing them to deliver a rich interactive experience to their audience via their connected devices.
Real Food Works
, Philadelphia, $175,000
Real Food Works provides customers with a subscription plan of meals that are cooked by local partners, restaurants, caterers and personal chefs and delivered fresh. The meals are mostly plant-based and are targeted to those who want to lose weight, enhance their energy levels or improve their overall health or have special dietary restrictions.
, Southampton,$150,000 (Ben Franklin previously invested $230,000)
Smart Structures has developed a system that tests and monitors the health of the nation's physical infrastructure, such as highways, bridges, tunnels and buildings. Its technology can also dramatically alter the cost and time dynamics of traditional evaluation programs, by enabling real-time testing of all foundation elements.
SnipSnap App, LLC
, Philadelphia, $100,000 (Ben Franklin previously invested $100,000)
SnipSnap is a mobile phone app for scanning, saving and redeeming printed coupons. The technology allows users to more efficiently and effectively organize their coupons, maximize their savings, and be reminded to use their coupons before expiration dates. They are also able to share their coupons both within their own social networks and with all other SnipSnap users.
Telefactor Corp., West Conshohocken, $400,000 (Ben Franklin previously invested $230,450)
An offshoot of Chatten Associates
, Telefactor is continuing its growth in explosive ordnance disposal, the process of rendering explosive devices safe. Telefactor is procuring the next-generation advanced robotic systems for the Naval Explosive Ordnance Disposal Technology division.
., Philadelphia, $50,000 (Ben Franklin previously invested $525,000)
TicketLeap is an e-commerce, do-it-yourself system for ticketing and registration that enables event organizers to sell tickets to their events online. Services include event registration, event promotion, virtual box office software, and social network integration. The company also provides barcode scanning, instant credit card swiping, customized ticket design and ticket tracking services.
Writer: Elise Vider