Funded Startups in Berwyn
Berwyn, Pennsylvania has produced a varied mix of funded startups across eight tracked rounds spanning September 2021 through June 2025.
Berwyn, Pennsylvania has produced a varied mix of funded startups across eight tracked rounds spanning September 2021 through June 2025. Biotechnology is the most represented sector, with Annovis Bio closing a $21M raise in February 2025 and Virpax Pharmaceuticals pulling in $40M via post-IPO equity in September 2021. The largest single round in the set belongs to Virpax, though Advisor Credit Exchange's $24M venture round in July 2022 and Mural Health's $13M Seed in April 2024 also stand out as sizable disclosed closes.
Round classification trends toward "Series Unknown" — three of the eight rows carry that label — alongside two Seed rounds, one Venture - Series Unknown, one post-IPO equity, and one grant. Two companies, FIDx and 2X, raised on undisclosed terms. The sector spread runs from Data and Analytics (RISR, $2M Seed, May 2024) and Software Development to Financial Services and Marketing Services, reflecting a generalist startup base rather than a concentrated cluster.
Most recent rounds
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Frequently asked
What are the largest disclosed rounds among recently funded Berwyn startups?
Virpax Pharmaceuticals raised $40M in a post-IPO equity round in September 2021, followed by Advisor Credit Exchange at $24M (venture, July 2022) and Annovis Bio at $21M (February 2025). Mural Health's $13M Seed round in April 2024 rounds out the top four disclosed amounts in this set.
Which sectors appear most frequently in Berwyn's recent funding activity?
Biotechnology accounts for two of the eight rows — Annovis Bio and Virpax Pharmaceuticals — making it the most represented sector. Software Development, Data and Analytics, Financial Services, Marketing Services, Community and Lifestyle, and a non-categorized grant recipient each appear once.
How active is seed-stage funding in Berwyn?
Two of the eight rounds are Seed-stage: RISR raised $2M in May 2024 and Mural Health closed $13M in April 2024. The remaining rounds are classified as Series Unknown, Venture - Series Unknown, Post-IPO Equity, or Grant, suggesting the tracked companies span a wide maturity range.
What is the most recent funded startup in Berwyn?
FIDx, operating in the Community and Lifestyle sector, closed a Series Unknown round on June 17, 2025 with undisclosed terms. It is the only Berwyn-based company in this dataset with a 2025 funding date after Annovis Bio's February 2025 close.
Are there any non-equity funding instruments represented in Berwyn?
Yes. B Lab received a $100K grant in December 2021, the only grant-type instrument in the eight rows shown. All other rounds are equity-based, ranging from Seed to Post-IPO Equity.
Which Berwyn companies raised without disclosing their round size?
FIDx (June 2025) and 2X, a Marketing Services firm (March 2023), both closed rounds on undisclosed terms. Investors or analysts seeking deal sizing for these two companies will need to source terms outside this dataset.
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