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 Hardware

DreamVu

Seed Round in 2021
DreamVu Inc. specializes in the development of omni-stereo camera hardware and software platforms aimed at unifying human and machine vision. Founded in 2017 and based in Lafayette, California, the company is recognized as a leader in omnidirectional 3D vision systems. Its innovative camera technology, featuring a unique coffee-shaped filter, captures a wide range of light rays to deliver an unparalleled field of view. DreamVu's solutions serve various industries, including autonomous vehicles, drones, virtual and augmented reality, robotics, and health technology. By providing low power, low latency, and cost-effective single stream video, DreamVu is transforming visual intelligence and enabling customers to drive innovation in their respective fields.

Deepwave Digital

Seed Round in 2020
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Deepwave Digital

Seed Round in 2019
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Deepwave Digital

Seed Round in 2018
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Ghost Robotics

Seed Round in 2018
Ghost Robotics Corporation, founded in 2015 and based in Philadelphia, Pennsylvania, specializes in the development of autonomous legged robots that excel in unstructured environments. The company's quadrupedal unmanned ground vehicles (Q-UGVs) are designed for a range of applications, including military, industrial, mining, energy, public safety, and last-mile delivery services. By utilizing legged robotics, Ghost Robotics offers enhanced operability compared to traditional wheeled and tracked devices, effectively navigating rough terrains while minimizing mechanical complexity. Their technology is geared towards total software control, which helps reduce costs associated with the deployment of autonomous robots, ultimately enabling professionals across various industries to maximize productivity.

GuestOf

Grant in 2016
GuestOf is a developer of a modern building access system that aims to enhance security and streamline access control for various types of properties, including apartment complexes, office buildings, and private premises. The company's platform integrates scalable hardware and software solutions, allowing businesses to automate and manage authentication, access control, and event logging with ease. By utilizing a highly customizable back-end, GuestOf enables property owners and tenants to implement live key management, time-sensitive keys, and keyless entry systems without requiring significant modifications to existing doors and structures. This approach not only simplifies the management of guest access but also provides comprehensive data and control, ensuring a secure environment for all users.

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.

Spectrum Devices

Venture Round in 2010
Spectrum Devices Corporation is a designer and manufacturer of high-power transistors specifically for radio frequency (RF) and microwave applications. Founded in 2003 and headquartered in Hatfield, Pennsylvania, the company specializes in bipolar vertical-drain lateral-diffused MOS (VDMOS) transistors, RF transistors for communication and power generation, as well as standard cells and replacement parts. Spectrum Devices provides direct, drop-in replacements for a variety of high-power requirements, allowing businesses to select the appropriate devices while also offering custom services to support existing designs in production. The company operates additional offices in New York and Asia, expanding its reach within the industry.

American Hometec

Series A in 2008
American Hometec designs, manufactures and sells electric tankless hot water heaters based on novel heating technology (patent pending). The key feature of their products is the coilless technologyâ„¢ that enables their heaters to maintain full heating capacity throughout the life of the unit. In addition to coilless technologyâ„¢ and inherent energy savings of the tankless design, their water heaters offer many other user-friendy features making them a tremendous value.

Novasentis

Series A in 2008
Novasentis, Inc. is a company that designs and develops advanced electro-mechanical polymer actuator and sensor technology. Founded in 2006 and headquartered in Berkeley, California, with additional locations in Pennsylvania, Japan, and Korea, Novasentis specializes in creating ultra-thin, flexible haptic actuators and sensors. These innovations are integral to a variety of applications, including keyboards, smartphones, wearable devices, gaming devices, and home appliances. The company's technology enables enhanced sensory interaction, allowing devices to deliver tactile feedback and sound effects that create engaging user experiences. By bridging the gap between consumer electronics and sensory interaction, Novasentis facilitates deeper physical and emotional connections between users and their devices. In June 2019, Novasentis became a subsidiary of KEMET Electronics Corporation.

GTronix

Series B in 2005
GTronix is a developer of advanced analog technology focused on extracting real-world sensory information for portable consumer electronic products. The company specializes in proprietary programmable analog technology and innovative design techniques that enable the realization of sophisticated digital signal processing (DSP) algorithms within analog integrated circuits. This approach results in solutions that are smaller and consume less power compared to traditional DSP implementations. GTronix's product offerings include the GTX0051, an adaptive noise-canceling microphone processor, which features integrated custom-tuned filters. The company's pioneering APT Technology employs a programmable floating gate transistor structure, enhancing analog performance and programmability while setting a new standard in low-power beamsteering solutions.
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