Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania is a technology-focused capital provider based in Philadelphia, founded in 1982 to advance the region's technology community. The organization funds and supports technology companies across Pennsylvania, especially in information technology, health, and physical sciences, investing substantial capital in early-stage and established ventures. It has invested over 170 million dollars in more than 1,750 regional technology companies and has launched university-industry partnerships to translate scientific discoveries into commercial products, while seeding regional initiatives that strengthen the entrepreneurial ecosystem and create jobs.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Analyst

Jennifer Hartt

Managing Director

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Roze McDevitt

Analyst

Adare McMillan

CFO

Omar Mencin

Managing Director

Scott Nissenbaum

President

Aston Pierce

Investor

Mark de Grandpre

Investor

Past deals in Aerospace

Exyn

Debt Financing in 2020
Exyn Technologies, Inc. is a Philadelphia-based company that specializes in the development of autonomous aerial robots designed for complex commercial environments. Founded in 2014 as a spin-off from the GRASP Laboratory at the University of Pennsylvania, Exyn leverages over a decade of research to create drone platforms capable of pilot-less operation without reliance on GPS. Its flagship software, exynAI, manages the control and communication of these multi-sensory rotorcraft, enabling them to perform tasks such as underground inspections, inventory management, and construction documentation. The company's innovative approach combines multiple redundant sensors with advanced mapping and obstacle avoidance technologies, resulting in highly robust and differentiated aerial robots that facilitate data acquisition in challenging settings.

Verge Aero

Seed Round in 2016
Verge Aero is a specialized company comprised of a talented team of engineers in fields such as electrical, computer, software, systems, and aerospace engineering. The company focuses on the design and deployment of unmanned aerial systems, or drones, specifically for the entertainment industry. Verge Aero has developed advanced drone performance software that allows for the simultaneous control of swarms of drones, enabling integration with existing entertainment systems. This technology facilitates captivating interactions between drones, audiences, and performers. The company's near-term applications include recurring drone performances, venue installations, touring productions, and various drone entertainment products, showcasing the potential for innovative aerial displays in entertainment contexts.

Orange Maker

Seed Round in 2016
Orange Maker is a Thousand Oaks, California-based developer of 3D printing technology and software that enables end-to-end, flexible manufacturing. It designs and commercializes high-resolution systems such as Helios One, based on heliolithography, and provides compatible materials along with user-friendly software to professional designers and engineers worldwide. The company's solutions support applications across aerospace, architecture, automotive, biotech, medical, defense, and manufacturing, linking digital design with physical production. Founded in the mid-2010s by Doug Farber and Kurtis Dudley, Orange Maker emphasizes advanced output capabilities and aims to empower users to imagine, design, and create complex 3D objects without compromising their vision.

American Aerospace Technologies

Seed Round in 2015
American Aerospace Technologies is a provider of long-endurance unmanned and manned aerial services focused on the oil and gas industry. It delivers UAS integration solutions and develops payloads, sensors, and communications systems to capture, process, and distribute data for pipeline integrity management, facilities inspection, mapping, deep-water and arctic exploration, and emergency management. The company provides data products and distribution services, including survey-grade mapping, threat detection on pipeline corridors, high-bandwidth communications relay, and methane detection systems. It serves Fortune 500 companies, universities, and government agencies, supporting near-real-time patrols and large-scale infrastructure monitoring. Founded in 2000 and based in Conshohocken, Pennsylvania, the company operates in compliance with FAA regulations to provide safe, efficient aerial data services that enhance asset visibility and decision making in energy, utilities, and related sectors.
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