Plus, Hopeworks is getting an AI hub thanks to Dell, Dispatch Bio emerges with $216M and more money moves.
Biotech has always been a regional strength, and there’s news about wins in that sector, but the Philly ecosystem also saw strong performance that points to other sectors on the rise.
Robotics is one: On the heels of last year’s Ghost Robotics acquisition and the continuing success of Burro, this month brought an announcement that FORT Robotics added a major chunk to its Series B, upping its total raise to over $60 million.
Meanwhile, Dispatch Bio emerged from stealth and announced it had raised $216 million over the last three years. Plus, tech workforce development program Hopeworks received a donation from Dell Technologies to launch AI hubs.
Read the full article here.
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