Yearly Archives:


  1. Freshpet Plans Lehigh Valley Expansion That Could Add Up to 200 Jobs

    Specialty pet food maker Freshpet Inc. has announced a $100 million investment for a 90,000-square-foot addition to its manufacturing plant and purchase of equipment. The expansion has the potential add up to 200 regional jobs. Via Morning Call:

  2. LVEDC’s Lehigh Valley Startup

    The August edition of LVEDC’s e-newsletter includes stories on BFTP’s clients, latest funding round, and perspectives:

  3. Drone Pilot Service Awarded $100,000 Investment

    BFTP Client ConnexiCore provides commercial drone flight services to clients across the U.S. for applications ranging from architecture to agriculture and other industries. It also serves as a consultant on artificial intelligence, asset management software, and unmanned aerial systems operations. Via Pocono Record:

  4. Rocket Cloud – Improves Margins by 10-15%

    Rocket Cloud – New Ben Franklin TechVentures Resident Company  Technology That Improves Legacy Wholesalers’ Margins by 10-15% Many mid-tier wholesalers in the building materials supply industry still rely primarily on phone sales and obsolete inventory management technology and practices to distribute products to their HVAC, plumbing, and electrical contractor customers. Because of these inefficiencies and Continue Reading…

  5. Startup Focused on Home Healthcare Receives Ben Franklin Investment

    For entrepreneurs, execution is key, which is where Ben Franklin Technology Partners comes in — providing funding and mentorship for new startups. Interview of Carenade management team via WFMZ-TV69:

  6. Saladax Launches Game-Changing Assays for Psychotherapeutics in Europe

    Ben Franklin TechVentures-based Saladax Biomedical Inc., a diagnostics company providing kits to test drug blood levels for adherence and personalized dose management, will launch of a new line of tests for psychiatry in Europe (CE mark) with tests for: clozapine, quetiapine, aripiprazole, risperidone, olanzapine, and paliperidone. These are the most commonly used antipsychotic medications. The Continue Reading…

  7. Small is Different from Big

    If you’ve ever wanted to read a story that compares the study of business with the study of physics, this is the story for you. And it’s about the difference between small and big. In this column, originally published in the Spring 2018 Network magazine, Ben Franklin Manager of Entrepreneurial Services Wayne Barz, discusses fundamental Continue Reading…

  8. Ben Franklin to Invest $535,000 in Regional Companies

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $535,000 in support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Ben Franklin staff Continue Reading…

  1. PA Glassworks Has New Way to Make More Creative, Less Costly Glass

    Pennsylvania Glassworks Co., Reading, will launch this fall in Reading with support from BFTP. Founder James “JJ” Riviello, a glassmaker for more than 25 years, designed and built many of the innovative machines for the glassmaking process, using a proprietary new and more efficient method to cast glass into molds using computer technology. Via Lehigh Continue Reading…

  2. Saladax Submits its Rapid Blood Test for Determining Medication Adherence to FDA

    Saladax Biomedical Inc. submitted a De Novo classification request to the U.S. Food and Drug Administration for the MyCare Psychiatry™ Total Risperidone Assay Kit. The tests will let medical personnel identify levels of antipsychotic drugs in a patient’s body in one hour, enabling them to better assess patient adherence, which is a critical unmet need. Continue Reading…

  3. Play Impossible Lands Retail Deal with Apple, Partners with NFL Players, Raises Cash

      Play Impossible, creator of the Gameball sensor-infused smart inflatable ball that links to a smartphone app and lets people play different physical games, has announced an additional $1.25 million in new funding from existing investors Two Sigma Ventures, Hardware Club, and Ben Franklin Technology Partners. It also has a new strategic investor: OneTeam Collective, the Continue Reading…

  4. Saladax Signs Licensing Agreement with Janssen for Antipsychotic Drug Testing Patents

    Saladax Biomedical, Inc. signed a license agreement with Janssen Pharmaceutica, NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, providing Saladax with worldwide exclusive patent rights for diagnostic tests that determine drug levels in patients undergoing treatment with antipsychotic medications. A major issue in treating patients with mental health disorders is that psychiatrists Continue Reading…

  5. Wolf Administration Hosts Business RoundTable/Demo at TechVentures

    On June 26, Pennsylvania Department of Community and Economic Development (DCED) Secretary Dennis Davin demonstrated Governor Wolf’s new PA Business One-Stop Shop, a tool designed to help entrepreneurs in all stages of starting and running a business, at Ben Franklin TechVentures. Secretary Davin also hosted a roundtable discussion that included Ben Franklin client companies, to Continue Reading…

  6. LifeAire Earns European CE Certification for Its Patented Air Purification

    LifeAire Systems earned CE Mark certification for its proprietary line of in-duct air purification technologies, facilitating the introduction of the transformational technology into the European healthcare market. LifeAire Systems’ technology provides continuous filtration and inactivation of 99.99% of biological and chemical contaminants in the air. More:

  7. BFTP in LVEDC’s Lehigh Valley Startup

    The June edition of the Lehigh Valley Economic Development Corporation’s e-newsletter includes stories on Ben Franklin’s investments, clients, and events –

  8. Distraction Expert Presents at Ben Franklin iXchange

    Three minutes. That’s the average amount of time we work uninterrupted by email, social media, colleagues, phone calls, and other distractions, according to Ben Franklin iXchange keynote speaker Curt Steinhorst. The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) hosted its annual iXchange at the Zoellner Arts Center at Lehigh University in Bethlehem on Tuesday Continue Reading…