0 PERFORMANCE PROFILE
CALENDAR YEAR INFORMATION TECHNOLOGY BEN FRANKLIN APPROVED $.M ACROSS SOUTHEASTERN PA COMPANIES INVESTMENTS BY SECTOR HEALTH DIGITAL HEALTH PHYSICAL SCIENCES DEALS 0 DEALS 0 DEALS 0 DEALS $.M $M $.M $.M COMPANIES $0 MILLION* *CY 0
NEW PARTNERSHIPS DREXEL VENTURES BEN FRANKLIN SEED FUND A $0M early-stage/seed fund that will support spin-off companies from Drexel, with Ben Franklin providing ic@0 member companies a variety of services and support including industry consulting, market analysis and access to capital. $0M CO-INVESTMENT POOL HEALTH CARE INNOVATION COLLABORATIVE A collaboration of health care providers, academic research institutions, corporate partners and investors working together to leverage the unique assets of the Greater Philadelphia region to accelerate and lead the development of innovation in health care technology and delivery. V E N T U R E S Through creation of an pool and mentorship programming both for women investors and entrepreneurs, AWE and Ben Franklin joined forces V Eto shape N T the U culture R E of S investing and entrepreneurship for women-led high growth technology enterprises in the Greater Philadelphia area. $00K CO-INVESTMENT POOL
SUCCESS FROM BEN COMPANIES PTC builds Internet of things analytics strategy with $0M acquisition [ColdLight] Featured on Fortune - May, 0 This is the manufacturing software company s third big buyout in the past months, along with ThingWorx and Axeda. Manufacturing software company PTC believes predictive maintenance will be one of the first clear killer apps for the Internet of things, a credible theory given big s in this area by GE and Caterpillar. Naturally, PTC wants a piece of the action. So, it s paying $0 million to buy ColdLight, which makes machine learning technology that detects patterns in data collected from sensors embedded in medical devices, manufacturing equipment and consumer products. By analyzing those metrics, ColdLight s software can tell when a specific component might be nearing failure. It could also offer suggestions about future ways to improve product design. Chester County Founded in 00 $0k Ben since 00 New Jobs Coming to KOP-Based Greenphire Featured on Philly.com - April 0, 0 Greenphire Named to Inc. 000 List of Fastest Growing Companies for Third Consecutive Year Featured on Greenphire - August, 0 Greenphire Named in Philadelphia Business Journal s Best Places to Work Featured on Industry Today - October, 0 Montgomery County Founded in 00 $00k Ben since 00 Greenphire is the industry s leading provider of clinical payment technology.
Meet BioBots, the MakerBot of biology Featured on Fortune - July, 0 A $,000 desktop bioprinter developed by two University of Pennsylvania grads lets nearly anyone print living tissue. Inside a tiny office on the second floor of a South Philadelphia makerspace, the future looks like a large, greenish booger. The machine responsible for printing such an object: the BioBot, a bioprinter that prints living cell tissue and resembles a MakerBot. Philadelphia County Founded in 0 Invented and manufactured by the appropriately named startup BioBots, the BioBot printer is the brainchild of a pair of University of Pennsylvania alumni. The booger-like substance this Fortune reporter encountered was merely a mixture of water and biocompatible material. Now suppose human stem cells, in addition to the water and biomaterial, had been part of the mixture. In that case, the BioBot s final product would have been bioprinted stem cell tissue, which could then be matured into cartilage or other, different types of cells. $00k Ben since 0 % revenue growth since 0 IBX Partners with DreamIt Health Startup TowerView Health to Improve Medication Adherence FDA Green Lights First D Printed Drug From Aprecia Featured on BioSpace - August, 0 Featured on Independence Blue Cross - April, 0 Philadelphia County Founded in 0 Bucks County Founded in 00 $00k Ben since 0 TowerView Health helps chronically-ill patients manage their medication. $00k Ben since 00 Aprecia s ZipDose Technology makes medication simple for caregivers to administer and patiences to swallow.
Meet the Coin-Sized Rape Prevention Device That Beat Its Crowdfunding Goal by Times Featured on Inc - November, 0 Philadelphia County Founded in 0 A young entrepreneur heard one too many accounts of women being victimized. What would you have if you designed a device the size of a quarter that a woman or girl could press in an emergency situation to set off a loud alarm, message family or friends, and summon the police? Especially if that device looked like a modern piece of jewelry? You d have a wildly successful pre-ordered product that beat its crowdfunding goal by more than 00 percent. And you d be well on your way to making the world a better place. $0k Ben since 0 $K raised via Indiegogo in 0 That s the story of ROAR for Good, makers of a new device called Athena that should start shipping next summer if all goes according to plan. For the Third Consecutive Year, CenTrak Ranked as One of the Fastest Growing Companies in North America on Deloitte s Technology Fast 00 Bucks County Featured on PR Newswire - November, 0 Founded in 00 CenTrak attributes its rapid growth to the return on, operational efficiencies, and improved patient care healthcare providers realize from its Real-Time Location System (RTLS). CenTrak announced today that it ranked as one of the fastest growing companies in North America on Deloitte s 0 Technology Fast 00. CenTrak is ranked # in the communications/networking industry category. This marks the third consecutive year that CenTrak has been recognized by Deloitte. $0k Ben since 00 x revenue growth since 00
FUNDINGS IN THE NEWS Featured on Technically Philly, Venture Beat, Yahoo Finance, Philadelphia Business Journal, Wall Street Journal, citybizlist and Inc.com. January 0 $M $M $.M QR Pharma $M $0K LIVE YOUR LIFE BOLDLY AND WITHOUT FEAR $00K $.M $.M $.M $M $.M $.M $.M $.M $M $M $M LIVE YOUR LIFE BOLDLY AND WITHOUT FEAR $K December 0
Partners with a Purpose SEP.BENFRANKLIN.ORG..00 Building 00 Innovation Center 0 S. Broad Street, Suite 00 The Navy Yard Philadelphia, PA The Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.
0 INVESTMENT APPROVALS BY COUNTY * BUCKS 0 Approvals 0 0 Medisurg Research & Management Corp MegaMetrics International Dancing D ots MONTGOMERY COUNTY Eclipse Systems Quadririum E-PAK Technology Gladstone Technology Partners GoNow Technologies 0 0 0 Practical Reasoning Inc 0 Approvals RMH Sciences 0 0 DELAWARE COUNTY 0 0 0 0 Novaplex Technologies 0 PHILADELPHIA 0 CHESTER COUNTY CHESTER 0 Nexuspharma 0 0 0 Best Energy Reduction Tech 0 TELEFACTOR BUCKS COUNTY GRASSROOTS UNWIRED MONTGOMERY Advent Therapeutics 0 Approvals SQUAREKNOT L IV E YOUR L IF E B OL DLY AND W IT H OUT F EAR 0 Approvals 0 0 0 0 0 0 0 QR Pharma Aquitic Technology ArthroFlex Alliance Automated Currency Instrument Intellifit Corp Piccolo Group DELAWARE 0 0 M Mitochon P H A R M A C E U T I C A L S RadDx Classic Finish Inc M SEP.BENFRANKLIN.ORG Mitochon *Locations based on time of funding. Image assistance provided by NextFab, ROAR and Jason Heritage.