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 Firestorm Labs, a California-based Unmanned Aerial System (UAS) manufacturer that is leading the charge in expeditionary additive manufacturing has announced $12.5M in seed investment by Lockheed Martin Ventures and prominent defense investors. "Firestorm is excited to announce this latest round of funding that will propel the company forward to shape the rapidly evolving needs of a UAS-dominated battlefield and…

In the netherworld of risky penny stocks, reverse mergers are out and initial public offerings are back in style. Buyer beware.

The series will feature Philadelphia-area business experts and investors, known as "wolves," giving advice and funds to entrepreneurs seeking to grow their companies, the Philadelphia Business Journal reported. Though the show draws inspiration from "Shark Tank," its concept differs sightly. After small business owners pitch their ideas, the wolves collectively decide whether to invest capital in the idea rather than battle one another for the best deal.  "It's called the Wolf PAC on purpose because wolves hunt together," co-creator Kent Griswold told the Business Journal. "They work toget...