✉news BusinessStartups first seen 2 h ago, last 6 min ago, peak #5
University of Pennsylvania startups top $500 million in revenue
Original: Penn-based startups generated over $500M in revenue last fiscal year
Startups based at the University of Pennsylvania generated more than $500 million in revenue over the last fiscal year, according to The Daily Pennsylvanian. The figure highlights the commercial success of ventures emerging from the university's entrepreneurship ecosystem and underscores Philadelphia's growing role as a hub for university-backed startups.
Why now: The milestone revenue figure showcases the strength of the University of Pennsylvania's startup ecosystem.
University of PennsylvaniaThe Daily PennsylvanianPhiladelphia
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Evidence
- Penn-based startups generated over $500M in revenue last fiscal year · The Daily Pennsylvanian
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