Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania, established in 1982, is a non-profit organization that fosters technological innovation and growth in the region. It primarily invests in early-stage technology companies, having supported over 1,750 such ventures since its inception. The organization also facilitates university-industry partnerships to accelerate scientific discoveries to market, and initiates regional programs to bolster the entrepreneurial ecosystem. Its mission is to create jobs and transform lives by leading the region's technology community to new heights.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Venture Capital Associate, Tech Investment Group

Adare McMillan

CFO

Omar Mencin

Managing Director, Information Technology Investment Group

Scott Nissenbaum

President, CEO and Board Member

Aston Pierce

Director - GO PA Fund and GO PHL Fund

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Electrical Equipment

Fischer Block

Seed Round in 2014
Fischer Block, Inc. is a technology provider for the electrical power industry, specializing in advanced high-speed sensor solutions designed to enhance the functionality of the electrical grid globally. Incorporated in 2013 and based in Royersford, Pennsylvania, the company offers a suite of products including the ASAP Grid Sensor Analytics System and ASAP Pro Software Analytics System, which facilitate the installation, operation, and maintenance of extensive sensor networks. These systems enable fault detection, substation monitoring, power quality analysis, and cybersecurity measures. Fischer Block's innovative technology allows for rapid installation without the need for new wiring, significantly reducing costs and installation time compared to traditional methods. This efficiency empowers utilities to modernize a greater number of substations annually. In addition to its primary focus on the electrical power sector, Fischer Block's sensor technology has versatile applications in transportation, manufacturing, mining, and chemical processing industries, positioning the company as a key player in the Industrial Internet.

AgileSwitch

Seed Round in 2013
AgileSwitch, LLC is a Philadelphia-based company that specializes in the design and manufacture of gate drivers for silicon carbide (SiC) power modules. Established in 2011, AgileSwitch focuses on enhancing the performance and efficiency of electric vehicles and renewable energy applications through its innovative technology. The company's product offerings include plug-and-play gate drivers, analog stack electronics, and evaluation kits for both analog and digital intelligent power modules (IPMs). AgileSwitch's gate drivers are recognized for their efficiency and reliability, and they can be fully customized to meet specific customer needs. The company is committed to ongoing product development, continually expanding its range of gate drivers to support various applications such as electric vehicles, solar inverters, wind turbines, energy storage, and motor drives, thereby enabling clients to achieve significant performance improvements and reduced power loss.

AgileSwitch

Grant in 2011
AgileSwitch, LLC is a Philadelphia-based company that specializes in the design and manufacture of gate drivers for silicon carbide (SiC) power modules. Established in 2011, AgileSwitch focuses on enhancing the performance and efficiency of electric vehicles and renewable energy applications through its innovative technology. The company's product offerings include plug-and-play gate drivers, analog stack electronics, and evaluation kits for both analog and digital intelligent power modules (IPMs). AgileSwitch's gate drivers are recognized for their efficiency and reliability, and they can be fully customized to meet specific customer needs. The company is committed to ongoing product development, continually expanding its range of gate drivers to support various applications such as electric vehicles, solar inverters, wind turbines, energy storage, and motor drives, thereby enabling clients to achieve significant performance improvements and reduced power loss.
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