13 technology companies in central and northern PA, working on everything from sleep apnea to social media to water purification systems, received more than $1 million in new investments last month from Ben Franklin Technology Partners/CNP.
ConidioTec, a brand-new company spun off from Penn State research, has developed a bio-pesticide that promises to safely and instantly eradicate bedbugs.
With five-year revenue growth north of 83,000 percent, MeetMe, the New Hope-based social media network, is the third-fastest growing tech firm in North America.
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.
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.
Nine early-stage Philadelphia tech companies will receive nearly $2.2 million from Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) to advance their businesses.