Amazon may still have a long way to go before realizing its vision of a network of package-carrying drones, which it discussed five years ago on an episode of “60 Minutes.”
But the online retailing and technology giant says it’s begun... Read more »
If you needed more evidence that automobile companies are taking self-driving cars and other emerging mobility tech seriously, look no further than this week’s report that German automakers BMW and Daimler have formed a new mobility services company, which will operate... Read more »
Austin—TrendKite has sold to Cision, a Chicago-based public relations and marketing software company, in a $225 million in a cash-and-stock deal.
Biotech startup creator BridgeBio Pharma has raised $299.2 million to support its work developing new drugs to treat rare, genetic diseases.
Palo Alto, CA-based BridgeBio searches for promising drug research at universities, academic medical centers, and drug companies. After acquiring rights... Read more »
[Updated 11:41 am ET. See below.] Desktop Metal, a metal 3D-printing company, has raised $160 million in a funding round led by the technology arm of Koch Industries, the multinational industrial conglomerate owned by billionaire philanthropists and right-leaning political donors... Read more »
LunaDNA, a startup that is offering individuals company stock in exchange for personal genomic and health information in a bid to build a database that could help advance scientific research, is merging its research platform with the Genetic Alliance’s Platform for... Read more »
Plymouth Growth Partners has made another investment in an Indiana tech company.
The Ann Arbor, MI-based venture capital fund has invested an undisclosed amount in Allied Payment Network, which is located in Fort Wayne, IN. Plymouth partner Jeff Barry says the... Read more »
Editas Medicine has the regulatory blessing to test its experimental gene-editing therapy in humans, and a $25 million check from its partner, Allergan, for hitting that milestone. But Editas will conduct the clinical trial without Katrine Bosley, the CRISPR biotech’s top... Read more »
San Antonio—Co-working space Geekdom is starting a short-term night program for people interested in learning about entrepreneurship.
The school, to be called The District, is accepting 36 students for its first six-week session, which begins Feb. 4. The program will... Read more »
Texting has grown well beyond person-to-person communications. To remind customers about upcoming appointments or notify diners their restaurant tables are ready, for example, text messages have in many businesses replaced phone calls and light-up buzzer systems.
But text-based communications between businesses... Read more »
[Updated 12:35pm ET with comments from Michael Gilman, Obsidian CEO, see below.] Bristol-Myers Squibb’s huge proposed buyout of Celgene earlier this month has left many in biotech circles concerned that the Summit, NJ, drugmaker’s days of creative, aggressive dealmaking... Read more »
A new tech education effort is forming in Detroit—created by Fontinalis Partners co-founder Chris Thomas—that focuses on teaching adult students the skills they need to compete for the increasingly large number of open jobs in the mobility industry.
Nantucket entrepreneurs welcome, and acquisitions abound. There are also new owners, new offices and new money in the bank for Boston-area technology companies this week. Read on for the details.
Microsoft announced a new, $500 million initiative late Wednesday that’s aimed at making housing more affordable and available to low- and middle-income residents of the Seattle area.
The Redmond, WA-based software giant pointed to data indicating that in this decade, population... Read more »
Austin—ScaleFactor is adding a $30 million round of funding led by Bessemer Venture Partners to make new hires and add more features to its software that automates accounting and provides financial insights.
The Austin, TX-based company targets small- and medium-sized... Read more »
Fort Worth, TX—Data analytics and visual search technologies are increasingly being used by law enforcement agencies, growth that has captured the attention of tech giant Motorola.
The Chicago-based tech company, which has long sold narrow-band radios to law enforcement, has... Read more »
Billions of dollars have already flowed to the purveyors of shared workspaces, and the investment spigot isn’t turning off yet.
It’s often not obvious precisely when an early-stage business reaches the point where it outgrows the “startup” label.
Managing Director, DaggerBoard Advisors
President and CEO, Lumina Foundation
VP of Research and Special Initiatives, Google
Professor, Michigan State University
Professor of Systems Biology, Columbia University