Ben Franklin Technology Partners of Southeastern Pennsylvania
Ben Franklin Technology Partners of Southeastern Pennsylvania, established in 1982 and based in Philadelphia, is a prominent capital provider dedicated to the technology sectors within Pennsylvania. The organization specializes in both early-stage and established companies, with a focus on enhancing the region's innovation ecosystem across information technology, health, and physical sciences. Over its 30-year history, Ben Franklin has invested in more than 2,000 technology companies and has contributed over $170 million to drive regional growth. In addition to its investment activities, Ben Franklin fosters university and industry partnerships to facilitate the commercialization of scientific discoveries, while also supporting initiatives that bolster the local entrepreneurial community.
Kapsul
Convertible Note in 2018
Kapsul focuses on transforming the home comfort market by offering aesthetically pleasing and high-performance appliances that enhance user experience and efficiency. The company has developed a range of products designed to manage temperature, humidity, and air quality, including a 5,000 BTU window air conditioner known for its ease of installation and use. This air conditioner provides users with 30% more viewable space while maintaining a stylish design suitable for both interior and exterior settings. Kapsul’s appliances are compatible with smart home platforms, allowing consumers to monitor and manage various environmental factors such as heat, humidity, energy usage, and ambient light through connected web services.
CyberCrunch
Seed Round in 2016
CyberCrunch specializes in data destruction and e-waste disposal solutions, offering comprehensive recycling services for a wide range of electronic equipment, including computers, monitors, networking devices, and batteries. The company provides secure destruction services such as on-site and off-site shredding, magnetic degaussing, and low-level wiping, ensuring permanent data destruction. Additionally, CyberCrunch offers IT consulting services for businesses undergoing workstation replacements, office relocations, and asset management. The company serves various sectors, including healthcare, financial services, education, and small businesses. Founded in 2010 in Greensburg, Pennsylvania, CyberCrunch was formerly known as Commonwealth Computer Recycling, LLC before rebranding in February 2017.
AgileSwitch
Seed Round in 2013
AgileSwitch plug and play drivers were designed from the ground up to address these challenges and the drivers are among the most efficient and reliable in the market. Furthermore, AgileSwitch drivers can be fully customized to meet the needs and demands of virtually any customer application. With an ongoing product development commitment, AgileSwitch is continuously expanding the product line of gate drivers.
AgileSwitch plug and play drivers were designed from the ground up to address these challenges and the drivers are among the most efficient and reliable in the market. Furthermore, AgileSwitch drivers can be fully customized to meet the needs and demands of virtually any customer application. With an ongoing product development commitment, AgileSwitch is continuously expanding the product line of gate drivers.
Spectrum Devices
Venture Round in 2010
Spectrum Devices Corporation specializes in the design and manufacture of high-power transistors for radio frequency (RF) and microwave applications. Founded in 2003 and headquartered in Hatfield, Pennsylvania, the company produces a range of products, including bipolar vertical-drain lateral-diffused MOS (VDMOS) transistors and RF transistors for communication and power generation. Spectrum Devices also provides direct, drop-in replacements for most high-power requirements, allowing clients to select suitable devices for their needs. Additionally, the company offers custom services to support ongoing production of existing designs. With operations in New York and Asia, Spectrum Devices is positioned to serve a global market.
Novasentis
Series A in 2008
Novasentis, Inc. specializes in the design and development of electro-mechanical polymer actuator and sensor technology. The company has pioneered the world's first electro-mechanical polymer, which is recognized as the thinnest and most flexible haptic actuator available. This technology is utilized in various applications, including ultra-thin keyboards, smartphones, wearable devices, and gaming devices, enhancing user interaction through localized haptic vibrations and sound effects. By combining consumer electronics with sensory interaction, Novasentis provides innovative solutions that facilitate deeper physical and emotional connections between users and their devices. Founded in 2006 and headquartered in Berkeley, California, Novasentis also maintains offices in Pennsylvania, Japan, and Korea. As of June 2019, it operates as a subsidiary of KEMET Electronics Corporation.
GTronix specializes in the development of advanced analog technology aimed at enhancing the performance of portable consumer electronic products. The company utilizes proprietary programmable analog technology and innovative design techniques to implement sophisticated digital signal processing (DSP) algorithms within analog integrated circuits. This approach results in smaller and more energy-efficient solutions compared to traditional DSP methods. GTronix's initial product offerings include APT Technology, a programmable floating gate transistor structure, and advanced circuit designs that facilitate various signal processing functions. Notably, the company provides the GTX0051, an adaptive noise-canceling microphone processor, which features integrated custom-tuned filters, showcasing its commitment to delivering cutting-edge analog performance and programmability in the market.
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