Last time Philadelphia Eagles He faced Kansas City Chiefs In Super Bowl we thought that it offers a unique opportunity to look at the connections of every city and team with the world of startups.
However, we didn’t know that just two years later it was time to repeat.
This time we, natives from Philly, will take root in one other result in the field. When the teams faced in 2023, the bosses won with an annoying (for fans of Eagles) a three -point advantage.
For now, Philadelphians can comfort themselves, knowing that at least in the startup sphere the city of brotherly love stays leagues before Kansas City. In particular, the city and its surroundings can boast of a developing biotechnological scene, which has long attracted strong financing of the project. (However, some of the real Chiefs players are also players in the world of Venture).
Philicon Valley
Biotech was definitely the dominant area of financing firms in the field of Philly, when we told our SUPER BOWL history in 2023. Two years later, little modified on this front.
Scanning of the largest rounds of financing inside Philly from the last two years shows that once again the highest, per crunchbase, reigns. data. The biggest distinction for 2024 was BIO UniquityCreator of therapeutics based on progress in immunology, which collected $ 300 million with Blackstone Life Sciences in May.
In recent months, financing of startups has still been shown by eagle rush, including quite large rounds. It includes Therapeutics XylocorThe startup focused on the therapy of heart problems, which secured $ 67.5 million in Series B Early this 12 months.
The second largest round went to Vitara BiomedicalThe creator of the therapeutic platform for premature babies, which in November collected a Beria B of $ 50 million. Other good financing recipients include ConnectderManufacturer of solar panel adapters and EV chargers, which secured $ 35 million and GemmabioStartup of gene therapy, which began in December with $ 35 million for initial financing.
While the city of Philadelphia is not a hump in financing of startups, a large a part of regional investments also goes to the surrounding suburbs. There is a particularly high concentration for cities in the short passage of the Valley Forge National Historical Park, which provides a nickname “Philicon Valley. “(Which is not surprising, it didn’t really catch).
Both in the city and “Burbs, financing shows that gene therapy is one of the best areas of specialist knowledge for the region. This led to one other unjustly nickname for the region: Cellicon Valley.
From our last Philly Super Bowl, University of PennsylvaniaPowerhouse popularity in this field attracted international recognition as two members of the MRNA Varccine research team, Katalin Karikó i Drew WeissmanPh.d., won 2023 Nobel Prize in medicine.
I’m looking for more big wins
Of course, Eagles fans hope that one other great win in the region will come in the type of a decisive victory over Chiefs.
Meanwhile, the Kujon START -UPs are looking for a winning series that can play much longer, in the type of accelerated growth, large rounds and out. If the IPO market appears again, there is also a large pipeline from later biotechnology which will consider making public.