Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania is a technology-focused capital provider based in Philadelphia, founded in 1982 to advance the region's technology community. The organization funds and supports technology companies across Pennsylvania, especially in information technology, health, and physical sciences, investing substantial capital in early-stage and established ventures. It has invested over 170 million dollars in more than 1,750 regional technology companies and has launched university-industry partnerships to translate scientific discoveries into commercial products, while seeding regional initiatives that strengthen the entrepreneurial ecosystem and create jobs.

Jonathan Beschen

Investment Director

Anthony George

Analyst

Jennifer Hartt

Managing Director

Kathie Jordan Ph.D

Managing Director

Roze McDevitt

Analyst

Past deals in Electrical Equipment

Kapsul Air

Convertible Note in 2018
Kapsul Air is a company focused on transforming the home comfort market through the development of aesthetically pleasing and high-performance appliances. Its flagship product, a 5,000 BTU window air conditioner, is designed for easy installation and user-friendly operation, offering 30% more visibility than traditional models while maintaining an attractive appearance both indoors and outdoors. In addition to air conditioning, Kapsul Air offers a variety of home-comfort appliances that manage temperature, humidity, and air quality. These products are equipped with advanced features, including connectivity to web services and compatibility with smart home platforms, allowing consumers to monitor and control factors such as heat, humidity, energy usage, and ambient light in their homes.

H2O Degree

Seed Round in 2015
H2O Degree designs and supplies wireless submetering, leak detection, and thermostat control systems for multi-family facilities. Its solutions enable building owners and managers to monitor individual apartment water and energy usage, including water, domestic hot water, boiler and chiller energy, electricity, and gas, via wireless metering. The systems help identify leaks, monitor consumption, and automate temperature control, allowing maintenance teams to repair leaks and reduce wasted water and energy, thereby lowering utility costs. By providing granular usage data and alerts, H2O Degree supports asset managers in improving operational efficiency and tenant comfort.

Fischer Block

Seed Round in 2014
Fischer Block specializes in advanced sensor technology for the electrical power industry. It offers solutions such as ASAP Grid Sensor Analytics System, which simplifies installation and maintenance of large-scale sensor networks, and ASAP Pro Software Analytics System for data analysis. Serving industries like wind integration, solar inverting, manufacturing, oil and gas, mining, and hydro power, Fischer Block improves energy reliability and prevents power outages through predictive analytics.

Superior Solar Design

Seed Round in 2014
Superior Solar Design LLC, based in King of Prussia, Pennsylvania, specializes in the design and installation of turnkey solar electric and thermal heating systems for both commercial and residential clients. The company is notable for its innovative SolarPower Table, an off-grid solar-powered charging station designed for mobile devices and small electronics, which includes essential components like photovoltaic batteries, inverters, and solar panels. In addition to the SolarPower Table, which is suitable for various outdoor venues such as school campuses and parks, Superior Solar Design offers comprehensive services including solar system design, energy audits, load assessments, and installation of solar farms and water heaters. The company aims to enhance energy efficiency and reduce electricity consumption through its tailored solar solutions.

AgileSwitch

Seed Round in 2013
AgileSwitch, LLC is a Philadelphia-based company that specializes in the design and manufacture of gate drivers for silicon carbide (SiC) power modules. Established in 2011, AgileSwitch focuses on enhancing the performance and efficiency of electric vehicles and renewable energy applications through its innovative technology. The company's product offerings include plug-and-play gate drivers, analog stack electronics, and evaluation kits for both analog and digital intelligent power modules (IPMs). AgileSwitch's gate drivers are recognized for their efficiency and reliability, and they can be fully customized to meet specific customer needs. The company is committed to ongoing product development, continually expanding its range of gate drivers to support various applications such as electric vehicles, solar inverters, wind turbines, energy storage, and motor drives, thereby enabling clients to achieve significant performance improvements and reduced power loss.

AgileSwitch

Grant in 2011
AgileSwitch, LLC is a Philadelphia-based company that specializes in the design and manufacture of gate drivers for silicon carbide (SiC) power modules. Established in 2011, AgileSwitch focuses on enhancing the performance and efficiency of electric vehicles and renewable energy applications through its innovative technology. The company's product offerings include plug-and-play gate drivers, analog stack electronics, and evaluation kits for both analog and digital intelligent power modules (IPMs). AgileSwitch's gate drivers are recognized for their efficiency and reliability, and they can be fully customized to meet specific customer needs. The company is committed to ongoing product development, continually expanding its range of gate drivers to support various applications such as electric vehicles, solar inverters, wind turbines, energy storage, and motor drives, thereby enabling clients to achieve significant performance improvements and reduced power loss.
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