Comcast is spending $15.7 million this year to extend its business internet infrastructure to more areas of Greater Philadelphia and New Jersey. The investment is part of a two-year, $26 million project that began in 2020.
The life sciences have made a strong showing in the Greater Philadelphia region this year, as local companies raked in a record $777 million in venture capital in the first half of 2021 alone. Add it to the tally: A University of Pennsylvania spinout has raised a $50 million Series A to advance its gene editing technology.
Ask a young person what needs fixing, and their answers will range from global to close to home. In Amehja Williams’ case, it was both: The 17-year-old North Philadelphia resident was concerned about seeing the large amount of litter in her neighborhood and the effect it may have on climate change.
Drexel University’s Kline School of Law today announced its new Center for Law and Transformational Technology (CLTT), a group of researchers and resources focused on the legal issues emerging from the tech industry. The center will bring together researchers and industry leaders from law and tech backgrounds to strategize on the legal framework surrounding tech innovation, especially in newer disciplines like blockchain, AI and cryptocurrencies.
In the midst of what’s on track to be the Philadelphia’s regions best year for venture capital deals ever, life sciences are making a strong showing, too. According to a new report from CBRE, raised $777 million in venture capital in just the first half of in 2021, already eclipsed the total of the last two respective years — and the report makes a case for local life sciences activity reaching $1.4 billion this year.
Cybersecurity is a top national priority, even more prominently so after President Joe Biden called it a “core” challenge when meeting with tech and civic leaders on Wednesday. Biden also cited the growing need for pros who can fight cyber attacks, with 500,000 unfilled cybersecurity jobs across the U.S. That need backs up one Baltimore cyber exec’s case for calling the industry “data care” to make it more accessible.
Philadelphia has announced the four winning projects for its spring 2021 Innovation Fund grant cycle. Unveiled this month by the city in a blog post, the funds touch on a wide range of city departments and functions, including the library, the health department, the office of children and families, and more.
National organization Women in Revenue, built to connect women in sales marketing and customer success, has welcomed five new board members this month. That includes Philly marketing pro Deanna Ransom. The org has grown to more than 5,000 members since it was launched in 2018, and has goals of educating about diversity and inclusion in the workplace, providing mentorship, access and professional resources and finding upward trajectory in career paths.
Taxi hailing app Curb, which allows users to call for a ride through its mobile app, is introducing its transparent pricing feature in Philadelphia. The app was founded in New York but has been around in Philly since 2017. It originally allowed for users to call a cab and pay for it through the app. But now, users will also see the price of their ride before agreeing, like popular ridesharing apps Lyft and Uber, VP of Mobile Jason Gross told Technical.ly.
The tech world is familiar with the 20% Time concept popularized by Google: Simply, employees can dedicate 20% of their working hours to a personal or passion project. Some local companies, like Callowhill’s Azavea, have adopted a version where they encourage their people to dedicate time and tech skills to volunteering.