Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) continues its mission of catalyzing innovation and fostering growth in the technology sector with its recent investments in four dynamic companies. These strategic investments totaling $290,000 are poised to propel these startups toward significant milestones, empowering them to revolutionize their respective industries.
At the recent March board meeting, Ben Franklin CNP approved investments in the following companies:
Lightscline, located in State College: Lightscline pioneers lightweight AI technology aimed at revolutionizing sensor data analytics. By harnessing the power of AI, Lightscline reduces sensor data analytics costs by an impressive 90%, empowering B2B companies to scale their predictive analytics while minimizing infrastructure and human capital costs. Lightscline’s innovative solution not only enhances productivity but also sets new standards for efficiency in data-driven decision-making.
Flat5, located in Lewistown: Flat5 offers a transparent and automated solution to streamline the trucking industry. With a team boasting extensive experience in supply chain and logistics, Flat5’s platform optimizes operations for shippers, brokers, and carriers, reducing overhead costs and maximizing margins. Through its innovative approach, Flat5 is poised to revolutionize the trucking industry, driving efficiency and profitability across the board.
CIGNAL, located in Reedsville: CIGNAL leads the charge in trustworthy machine vision AI with its cutting-edge software solutions. The company’s flagship product, the CIGNAL Engine, offers a comprehensive suite of tools to support machine vision AI DevOps, accelerating time-to-market and optimizing performance. With a focus on national security applications, CIGNAL is at the forefront of advancing AI technology to meet the evolving needs of diverse industries.
Blind Tiger Spirit Free Cocktails, located in Erie: Capturing the essence of the Prohibition era, Blind Tiger Spirit Free Cocktails delivers all-natural, spirit-free beverages that redefine the art of mixology. With a commitment to clean labels and sophisticated flavors, Blind Tiger offers a unique beverage experience that transcends traditional cocktail culture. Rooted in the founder’s speakeasy-style restaurant, Blind Tiger embodies elegance and innovation in every sip.
More than just financial support, Ben Franklin CNP is dedicated to nurturing the ambitions of promising startups, providing invaluable guidance and resources to navigate the ever-evolving landscape of technology. The funding provided by Ben Franklin serves as a springboard for rapid development, enabling startups to accelerate product innovation, expand their teams, and scale their operations.
