Archive for August 2022
Citing ‘challenging economic environment,’ Cambridge biotech cuts 20% of staff
Vedanta, a microbiome startup that raised $68 million just over a year ago is letting about 20% of its staff go. Read More
Read MoreBehind the Deal: Why Klaviyo would say ‘no’ to being acquired by Shopify
After last week’s product partnership announcement, Boston marketing automation platform Klaviyo and Canada’s Shopify appeared closer than ever. But an acquisition is not in the works, according to Klaviyo CEO Andrew Bialecki. Read More
Read MoreCambridge startup raises funds to revolutionize women’s health through diagnostics
The startup is trying to speed up pelvic and gynecologic health testing so patients can get both results and a treatment plan in a single visit. Read More
Read MoreBoston first city to ask for DEI disclosures from developers
Boston will become what it says is the first city nationally to ask developers of large projects to disclose plans to employ minorities and women or companies they own, the latest equity-related step taken by the Wu administration. Read More
Read MoreMIT silent over OpenAg project shutdown, policies
A high-profile research program was shut down quietly by MIT following allegations that the science didn’t work. Now a researcher says administrators were told more than a year earlier about the failures, yet continued raising money. Read More
Read MoreThe Petri Dish: Cyteir puts a drug on pause, Alexion vet joins Watertown biotech
The Petri Dish is a roundup of news that may get otherwise overlooked amid the influx of health care happenings. This week: Cyteir pauses development of cancer drug, Pfizer vet joins Watertown biotech and CEO steps down from Evelo Biosciences. Read More
Read MoreAs apartment market moderates, will record amounts of construction leave some markets oversupplied?
The U.S. apartment industry is building more units than it has in many decades. Read More
Read MoreBoston-based Cesari and McKenna picks up IP law group from Proskauer Rose
The four-member team is led by longtime intellectual property attorney Joe Capraro. Read More
Read MoreColleges have slashed millions from travel budgets — and it may never come back
Many schools are reporting cuts to all but a fraction of the airline, hotel and entertainment-related spending that was once standard across the sector. Read More
Read MoreTechstars Boston hosts Demo Day, announces new crypto accelerator
Techstars Boston’s three-month accelerator program and pitched their ideas to the Greater Boston startup community at the House of Blues. Check out the recap and photo gallery of the event. Read More
Read More