Six IT companies, two life sciences enterprises and one alternative energy firm in Greater Philadelphia are recipients of over $1.4 million in funding from the Ben Franklin Technology Partners of Southeastern Pennsylvania
The nine early-stage companies are:
– Wayne: $150,000
This healthcare technology company uses its software and data analytics to develop a system for the fair and objective benchmarking of payers and providers throughout America. The goal is to achieve better healthcare outcomes at a reduced per capita cost.
. – Horsham: $250,000
iMomentous delivers a highly scalable mobile technology platform that enables companies to recruit, retain and engage their talent, capable of facilitating job applications, employee referrals, employee communications and collaboration.
MBF Therapeutics, Inc.
– Ambler: $50,000
The availability of effective cancer treatments is one of the most significant unmet needs in veterinary medicine today. MBFT’s state-of-the-art oncology products are intended to meet the growing demand for effective cancer treatments, which address not only symptoms but also the underlying disease.
Miria Systems, Inc.
– Norristown: $200,000
Miria Systems is a provider of cloud-based applications that assist companies and clients with complex content and business process requirements where document conversion, workflow, media management, indexing, versioning and revision management are critical to their business needs.
QLIDA Diagnostics – Philadelphia: $250,000
QLIDA develops next-generation biomarker diagnostic tests. The company is collaborating with Drexel University on its proprietary platform enabling early detection of proteins associated with disease.
Rumble News Ltd.
– Philadelphia: $150,000
Rumble’s technology platform is designed to give newspaper publishers a rapid, low-risk, scalable solution to reach, engage and monetize mobile consumers and extend the brand relationship.
Solar Grid Storage
– Philadelphia: $250,000
Solar Grid Storage’s mission is to assemble, deliver and finance a solar photovoltaic (PV) energy storage system as an integral component of solar plants placed behind the meter for commercial and industrial hosts.
(Transout, Inc.) – Philadelphia: $100,000
tapCLIQ, developed by Transout, is a user engagement and advertising platform for mobile devices that offers contextual interaction at moments when the user is most receptive. Their ad solutions offer the easiest engagement for end users, and provide insightful experiences for advertisers and publishers.
(StartUp Productions LLC) – Philadelphia: $30,000
Zaahah, developed by StartUp Productions, instantly connects users with shared interests by creating separate profiles for different pursuits (i.e. business, personal, academic, etc.)
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.
Source: Ben Franklin Technology Partners of Southeastern Pennsylvania
Writer: Elise Vider