In less than a year, Philadelphia's Cloudnexa has generated $2.3 million in investments, signed multiple, multi-million-dollar contracts, created a workforce of 16 and moved into new corporate headquarters at the Philadelphia Navy Yard.
With funding from an array of venture capitalists and investors, the Education Design Studio Inc. (EDSi) is a new hybrid incubator and seed fund established by the University of Pennsylvania's Graduate School of Education.
Bellefonte's Actuated Medical has received additional FDA clearance for its expanded line, is preparing to launch a new product and continues to grow its workforce.
Bethlehem's Azevan Pharmaceuticals is developing a new approach to treating stress, mood and behavioral disorders.
Besta Cork, a Scranton-area startup recycles cork wine stoppers and crafts them into an expanding line of consumer products.
Thrill Mill, a nonprofit accelerator for Pittsburgh startups, is choosing its next class of young businesses to get cash, mentoring and space at its incubator.
The Ben Franklin Shale Gas Innovation and Commercialization Center is looking for researchers, entrepreneur or innovators with great ideas in the shale gas space in Pennsylvania or West Virginia.
RxSport Corporation in Norristown has perfected a technologically advanced and labor-intensive process that results in baseball bats of exceptional strength, reliability and performance.
Lehigh University's new Master of Engineering in Technical Entrepreneurship (MTE) won top honors from Pittsburgh's University Economic Development Association.
Renold Capocasale, founder and CEO of Doylestown's FlowMetric was in London this week with Philadelphia Mayor Michael Nutter to extol the virtues of the region as an ideal location for overseas companies.