COMPANIES RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS
STATE COLLEGE, PA – Every year dozens of PA startups get their start with Ben Franklin Technology Partners. The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Tech Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. Visit www.cnp.benfranklin.org for program details.
At the March 2022 Board of Director’s meeting, the companies listed below were approved to receive funding:
Located in Centre County, Croptix, is further developing a smart AG platform that uses field deployable sensor technology to help farmers make data-backed decisions that will mitigate fatal crop diseases. www.croptix.solutions
Located in Lancaster County, Benefix, provides a one-stop-shop health insurance and benefits platform which automates the brokers’ workflow while providing a simple method for small businesses to enroll in benefit products digitally. www.benefix.us.
Located in Jefferson County, Phoenix Sintered Metals, specializes in powder metal technology and provides component and assembly solutions to multiple markets including automotive, outdoor machinery, agriculture, medical, and more. www.phoenixsintered.com
Located in Centre County, The Pursuit by You, developed a mobile platform that helps consumers use a data driven approach to encourage healthier behaviors related to nutrition, cooking, food access, and eating habits. www.thepursuitbyyou.com
Located in Cumberland County, Return Logic, will complete and diversify an easy-to-use platform that will enable them to deeper penetrate the ecommerce space while allowing online retailers to manage and reduce costly returns. www.returnlogic.com
WE INVEST IN INNOVATION
About Ben Franklin Technology Partners:
The largest seed investor in the region, Ben Franklin Technology Partners/CNP, (an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority) provides investment capital and business support services to emerging tech-based companies and small, existing manufacturers. www.cnp.benfranklin.org.