Latest Posts

• Spine-Surgery Medtech Startup Carlsmed Merges With Imaging Company

  Carlsmed, a San Diego-based medical technology company that’s developing personalized spinal implants, has merged with Precisive Surgical, a spine imaging system startup in Seattle.

  The combined company, which will operate in San Diego under the Carlsmed name, aims to create a... Read more »

  Sarah de Crescenzo7/19/19

• Could Facebook’s Crypto Break Financial System? Congress Airs Fears

  In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those alternate currencies showed signs of becoming a risk to the stability of the US... Read more »

  Bernadette Tansey7/19/19

• Bio Roundup: Opioid Exposé, Gilead’s Gambit, Life Science IPOs & More

  The opioid crisis reaches all corners of the nation, and newly released data this week revealed how the growth of the epidemic tracked with a massive increase in the production and distribution of these drugs.

  From 2006 to 2012, the number... Read more »

  Frank Vinluan7/19/19

• Boston Tech Watch: Medumo, Zilla, Armored Things, Fortify & More

  The week in Boston tech news hit on all the highlights: health technology, 3D printing, crypto, blockchain, CEO moves, fintech, and plenty of venture cash. Read on for the details:

  —Healthcare technology startup Medumo has been acquired by Netherlands-based Philips (NYSE:... Read more »

  Brian Dowling7/19/19

• San Diego Roundup: Qualcomm, Philter, Stella Labs, VC Funding & More

  Comic-Con International may be holding everyone’s attention this week, but the tech community has stayed busy amid all the action (and increased traffic). Let’s catch up with the latest tech news in San Diego.

  —San Diego’s AONDevices was among 10 startups... Read more »

  Sarah de Crescenzo7/19/19

• VMWare Plans to Acquire Bitfusion for Application-Enhancing Software

  Austin—VMWare announced Thursday it intends to acquire Bitfusion, a startup with offices in Austin, TX and Silicon Valley that makes software aimed at optimizing the way hardware such as graphic processing units are used by applications. Terms were not... Read more »

  David Holley7/18/19

• Kronos Bio Reels In $105M for Drugs That Hit “Undruggable” Targets

  Kronos Bio has raised $105 million in financing to develop therapies intended to target disease-causing proteins that have so far eluded the best efforts of drug hunters.

  The Series A round of funding announced Thursday was led by Vida Ventures and... Read more »

  Frank Vinluan7/18/19

• Genmab, Mirum Pharma & Fulcrum Raise $653M in Wall Street Debuts

  Initial public offerings took a brief summer break the week of Independence Day, but healthcare IPO activity resumed this week as three more companies joined the US public markets. Here’s a recap of the biotech companies that priced IPOs Wednesday evening.... Read more »

  Frank Vinluan7/18/19

• San Antonio to Honor Regenerative Medicine Pioneer Stephen Badylak

  San Antonio — Ah, to be able to regrow a missing limb like a slimy salamander—a trick long dreamed of by youngsters and scientists alike.

  Research into such regenerative abilities has increasingly excited the scientific community during the past 30 years... Read more »

  David Holley7/17/19

• Trefoil Therapeutics Raises $28M and Eyes the Clinic for Cornea Drug

  Trefoil Therapeutics, which is developing treatments for diseases that affect the cornea, the outermost layer of the eye, has raised $28 million to move its lead drug candidate into human testing.

  The company is developing an engineered form of fibroblast growth... Read more »

  Sarah de Crescenzo7/16/19

• Skyhawk Inks Deal With Genentech for Cancer and Neuro Drug Discovery

  Skyhawk Therapeutics has added Genentech to the growing list of companies it’s working with to find new drugs.

  The deal with Genentech, a Roche subsidiary, calls for Cambridge, MA-based Skyhawk to use its technology to discover and develop RNA-targeting drugs... Read more »

  Frank Vinluan7/16/19

• Prenatal Testing Firm Cradle Genomics Debuts With $17M, Illumina Ties

  Another company headed by former Illumina executives has launched, fueled with a $17 million Series A round from investors including a local venture capital firm.

  The new firm, Cradle Genomics, is seeking to commercialize improved non-invasive prenatal tests, which analyze blood... Read more »

  Sarah de Crescenzo7/16/19

• Artemis Fund, TechStars Impact, Robin Autopilot, & More TX Tech

  Let’s catch up with the latest innovation news in Texas.

  —Mark Cuban and Serena Williams are among investors to fund maternal health startup Mahmee. The Los Angeles-based startup announced Monday it has raised $3 million from the Dallas Mavericks... Read more »

  Angela Shah7/16/19

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• Amperity Raises $50M for Marketing Software Used by Consumer Brands

  Amperity, a Seattle-based startup developing software to help consumer-facing brands collect and manage customer data, announced Monday it has raised $50 million in new financing to add more clients in industries on which it hasn’t previously concentrated.

  New York-based Tiger Global... Read more »

  Jeff Buchanan7/15/19

• Aura Wants to Take Its $150M and Stock a Consumer Cybersecurity Toolbox

  Two recently combined consumer cybersecurity companies are heading off under a new branding to make a run at providing some online peace of mind for regular folks, and they’re doing it with $150 million in capital from Boston-area venture firm General... Read more »

  Brian Dowling7/15/19

• Gilead Ups Stake in Galapagos With $5B Deal to Jumpstart Its R&D

  Gilead Sciences on Sunday looked to another firm to rejuvenate its research capabilities, agreeing to put more than $5 billion in cash into Galapagos NV and get access to a slew of experimental drugs in return.

  Gilead (NASDAQ: GILD)... Read more »

  Ben Fidler7/15/19

• Lendbuzz, AI Auto Startup That Steps in When FICO Fails, Raises $150M

  No traditional credit history? No problem. At least that’s how Lendbuzz, a startup that uses artificial intelligence to underwrite auto loans, sees it. The Boston-based software company announced Monday it has raised $150 million in new funding to expand its team... Read more »

  Brian Dowling7/15/19

• Neon’s Early Vaccine Study Is a Peek at Immunotherapy’s Third Wave

  In this new age of cancer immunotherapy, two versions have been approved. The first are checkpoint inhibitors, which have begun to change the way skin, lung, and other cancers are treated. The second are CAR-T cell therapies, which have... Read more »

  Ben Fidler7/15/19

• Bio Roundup: Michael Becker, Suzanne Eaton, Gene Therapy Moves & More

  The life science and healthcare worlds are vast. We often talk about impact in terms of millions of patients and billions of dollars. But these worlds can be small, too. It seems at times we’re never far removed from any one... Read more »

  Alex Lash7/12/19

• Amgen, Novartis BACE Inhibitor Joins List of Failed Alzheimer’s Drugs

  Amgen and Novartis are stopping work on an experimental Alzheimer’s disease drug after an early look at clinical data showed worsening cognitive function in patients.

  The interim results announced Thursday were part of a pre-planned review of data from two pivotal... Read more »

  Frank Vinluan7/11/19

• Trump Kills His Administration’s Plan to End Secret Drug Rebates

  Donald Trump’s criticism of high drug prices began during the 2016 presidential campaign and continued through his presidency, perhaps most famously just before his inauguration when he said that drug companies were “getting away with murder.”

  This week has... Read more »

  Alex Lash7/11/19

• Record Exit Value for VC-Backed Startups Could Fuel Investment

  More than a third of the companies that went public in the first half of this year were backed by venture capital.

  That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 billion in money returned to... Read more »

  Sarah de Crescenzo7/11/19

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• Money Transfer Services Remitly Bags $135M in New Equity Funding

  As larger sums of cash are remitted from first-world countries to the developing world, upstart money transfer services are competing with established businesses for a piece of the growing pie.

  One of the newer entrants to the international money transfer market,... Read more »

  Jeff Buchanan7/10/19

• WI Startup Funding Hit Record in 2018 as VCs Cut Bigger Checks

  A record $300 million was invested in Wisconsin ventures last year, as maturing businesses pulled in larger funding rounds. But a continued decrease in the number of firms raising their first outside capital could signal trouble for the state’s pipeline of... Read more »

  Jeff Bauter Engel7/10/19

• Grocer H-E-B Explores Autonomous Delivery With SF-Area Startup Udelv

  San Antonio — Pretty soon, the milkman may be making a comeback—at least, a robotic version.

  San Antonio-based grocery chain H-E-B is beginning a pilot program later this year to test out using an autonomous vehicle for grocery delivery. H-E-B plans... Read more »

  David Holley7/10/19

• The Finalists for the 2019 Xconomy Awards Are …

  After a robust discussion, the editors and judges have narrowed down an impressive list of nearly 300 nominees for the 2019 Xconomy Awards in Boston to an all-star group of almost 60 finalists in 11 categories. Given the overall caliber... Read more »

  Angela Shah7/10/19

• Nestlé Sells Gut-Health Test Maker Prometheus Labs, Layoffs Expected

  Eight years after San Diego biotech Prometheus Laboratories was acquired by Nestlé Health Science, the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s... Read more »

  Sarah de Crescenzo7/10/19

• New Funds for Procyrion, Remedy, OncoNano, Vyopta & More TX Tech

  [Updated 7/10/19, 11:41 am CT. See below.] Let’s catch up with the latest innovation news in Texas.

  —Austin startup Vyopta, which makes a video conference system dashboard for businesses, raised $7.5 million in a Series B funding round... Read more »

  Angela Shah7/10/19

• Microsoft, Providence Tie-up Focuses on Cloud Tech in Healthcare

  Microsoft, long known for its Windows operating system and prowess in the world of enterprise software, is among the computing and software giants companies making inroads in the healthcare industry. One of Microsoft’s (NASDAQ: MSFT) latest efforts to innovate at the... Read more »

  Jeff Buchanan7/9/19

• Cisco Invests in Optical Tech With $2.6B Acacia Communications Deal

  Cisco is buying Maynard, MA-based Acacia Communications (NASDAQ: ACIA) for $2.6 billion in a deal to boost the networking giant’s stock of optical technologies, the companies announced Tuesday.

  The deal values Acacia at $70 per share, a 46 percent premium... Read more »

  Brian Dowling7/9/19

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