Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania, established in 1982 and based in Philadelphia, is a prominent capital provider dedicated to the technology sectors within Pennsylvania. The organization specializes in both early-stage and established companies, with a focus on enhancing the region's innovation ecosystem across information technology, health, and physical sciences. Over its 30-year history, Ben Franklin has invested in more than 2,000 technology companies and has contributed over $170 million to drive regional growth. In addition to its investment activities, Ben Franklin fosters university and industry partnerships to facilitate the commercialization of scientific discoveries, while also supporting initiatives that bolster the local entrepreneurial community.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Venture Capital Associate, Tech Investment Group

McMillan, Adare

Chief Administrative Officer and Assistant Treasurer

Omar Mencin

Senior Director of Investments, Investment Group

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Electrical Equipment

Rocker Tools

Seed Round in 2015
Rocker Tools

Fischer Block

Seed Round in 2014
Fischer Block, Inc. is a technology company focused on enhancing the electrical power industry through advanced high-speed sensor solutions embedded within the electrical grid. Established in 2013 and based in Royersford, Pennsylvania, the company offers the ASAP Grid Sensor Analytics System, which simplifies the installation and maintenance of extensive sensor networks. This system provides critical functionalities such as fault detection, substation monitoring, and power quality analysis while also addressing cybersecurity threats. Fischer Block's innovative approach allows for rapid installation without the need for new wiring, significantly reducing costs and installation times compared to traditional methods. The company's technology is applicable not only in the energy sector but also in transportation, manufacturing, mining, and chemical processing industries, positioning it as a leader in the Industrial Internet of Things.

AgileSwitch

Seed Round in 2013
AgileSwitch plug and play drivers were designed from the ground up to address these challenges and the drivers are among the most efficient and reliable in the market. Furthermore, AgileSwitch drivers can be fully customized to meet the needs and demands of virtually any customer application. With an ongoing product development commitment, AgileSwitch is continuously expanding the product line of gate drivers.

AgileSwitch

Grant in 2011
AgileSwitch plug and play drivers were designed from the ground up to address these challenges and the drivers are among the most efficient and reliable in the market. Furthermore, AgileSwitch drivers can be fully customized to meet the needs and demands of virtually any customer application. With an ongoing product development commitment, AgileSwitch is continuously expanding the product line of gate drivers.

Spectrum Devices

Venture Round in 2010
Spectrum Devices Corporation specializes in the design and manufacture of high-power transistors for radio frequency (RF) and microwave applications. Founded in 2003 and headquartered in Hatfield, Pennsylvania, the company produces a range of products, including bipolar vertical-drain lateral-diffused MOS (VDMOS) transistors and RF transistors for communication and power generation. Spectrum Devices also provides direct, drop-in replacements for most high-power requirements, allowing clients to select suitable devices for their needs. Additionally, the company offers custom services to support ongoing production of existing designs. With operations in New York and Asia, Spectrum Devices is positioned to serve a global market.
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