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Today: September 9, 2024
April 13, 2024
1 min read

Philly’s Biotech Boom: Record VC funding and Top Workplaces



TLDR: Philly daily roundup

Key Points:

  • CEO Marvin Barron is considering Philadelphia for the HQ of Pearl Antigenics after participating in a program by the Science Center
  • Philadelphia region raised $819 million in venture capital across 92 deals in Q1 2024

In the latest news from Philly’s tech and entrepreneurship scene, CEO Marvin Barron, a Queen Village resident, is exploring Philadelphia as the potential home for Pearl Antigenics after participating in the Science Center’s Capital Readiness Program. While Pearl Antigenics is currently based in Washington State University, Barron’s experience in Philadelphia has piqued his interest in the city’s vibrant life sciences ecosystem.

Additionally, the Philadelphia region kicked off the year with a strong showing in venture capital deals, raising an impressive $819 million across 92 deals in Q1 2024. This marks a significant improvement from the previous quarter and may indicate a new norm for the area’s VC activity.

Other notable updates include Comcast and Power Home Remodeling making Fortune’s 100 Best Places to Work list, tax reminders for Philly residents, and a robust start to leasing in the city in 2024 as reported by JLL.

For those interested in upcoming events, Coffee&Code@Philly, PHILLY GRAPHIX, and Iffy Books are hosting various meetups and sessions in the coming days. Don’t miss out on the opportunity to connect with like-minded individuals in the tech community!


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