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 Telecommunications

Deepwave Digital

Seed Round in 2020
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Polynetworks

Grant in 2020
Polynetworks LLC is a telecommunications company based in Narberth, Pennsylvania, established in 2009. It specializes in providing wireless networking services to government entities, contractors, and commercial clients. The company offers a range of services, including research, consulting, integration, and product design and development, all aimed at enhancing wireless communication capabilities. With over five years of experience in broadband wireless networks, both static and mobile, Polynetworks possesses extensive expertise in hardware and software, allowing it to develop practical, deployable solutions. Additionally, the company conducts training, installation, and troubleshooting for tactical and mission-critical wireless systems, ensuring effective implementation of complex projects and improved performance for its clients.

Deepwave Digital

Seed Round in 2019
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Deepwave Digital

Seed Round in 2018
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence-based hardware and software sensor solutions tailored for radio frequency (RF) and wireless system applications. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that facilitate the incorporation of AI into RF systems. Their flagship product, the Artificial Intelligence Radio Transceiver (AIR-T), is a software-defined radio, complemented by software offerings such as AirPack, AirStack Sandbox, and Spectrum Sensing. These products enable RF and wireless systems to effectively receive, detect, and identify signals within the spectral environment. By positioning the AI computation engine at the signal edge of the RF system, Deepwave Digital aims to minimize network bandwidth, reduce latency, and lessen the reliance on human-driven analysis, thereby delivering cost-effective, high-performance computing solutions to both commercial and defense sectors. The team comprises RF industry experts with extensive experience in digital signal processing.

Arcadian Telepsychiatry Services

Seed Round in 2016
Arcadian Telepsychiatry Services, based in Fort Washington, Pennsylvania, specializes in providing psychiatric services through a telehealth platform. Established in 2012, the company connects psychiatrists and mental health providers with patients in both urban and remote locations. Its comprehensive offerings include on-demand emergency consultations for emergency departments and crisis centers, inpatient consultations, initial psychiatric evaluations, medication management, and scheduled clinic services for children, adolescents, and adults. Additionally, Arcadian provides training and education for hospital personnel, pre-admission psychiatric exams, and follow-up services. The company also facilitates video conferencing and internet access for hospitals, clinics, and public health departments, and offers behavioral health solutions for skilled nursing and assisted living facilities. By leveraging technology, Arcadian aims to enhance accessibility to mental health care, reduce travel times, and foster collaboration among providers, families, and patients.

Polynetworks

Seed Round in 2014
Polynetworks LLC is a telecommunications company based in Narberth, Pennsylvania, established in 2009. It specializes in providing wireless networking services to government entities, contractors, and commercial clients. The company offers a range of services, including research, consulting, integration, and product design and development, all aimed at enhancing wireless communication capabilities. With over five years of experience in broadband wireless networks, both static and mobile, Polynetworks possesses extensive expertise in hardware and software, allowing it to develop practical, deployable solutions. Additionally, the company conducts training, installation, and troubleshooting for tactical and mission-critical wireless systems, ensuring effective implementation of complex projects and improved performance for its clients.

Spectrum Devices

Venture Round in 2010
Spectrum Devices Corporation is a designer and manufacturer of high-power transistors specifically for radio frequency (RF) and microwave applications. Founded in 2003 and headquartered in Hatfield, Pennsylvania, the company specializes in bipolar vertical-drain lateral-diffused MOS (VDMOS) transistors, RF transistors for communication and power generation, as well as standard cells and replacement parts. Spectrum Devices provides direct, drop-in replacements for a variety of high-power requirements, allowing businesses to select the appropriate devices while also offering custom services to support existing designs in production. The company operates additional offices in New York and Asia, expanding its reach within the industry.
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