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Archive for August 2022

After a ‘frightening period,’ water-cooler startup Bevi raises $70M

By | August 9, 2022

In its early days, the company — on a mission to substitute disposable bottles with its custom beverage machine — struggled to figure out its market and customer satisfaction, with the co-founders famously making $10 per week. Read More

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Pegasystems hires first chief medical officer, aims to grow health care business

By | August 9, 2022

The software company sought a CMO who could improve patient outcomes by bridging clinicians to its technology. Read More

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Most investors believe US headed for recession, State Street survey finds

By | August 9, 2022

Gen-X investors, in particular, are fearful about inflation hitting their pockets and their retirement savings. Read More

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Definitive Healthcare CEO takes aim at major growth goals

By | August 9, 2022

Health care software maker Definitive Healthcare, which just went public last fall, reported top-line growth in its most recent quarter and has set even more ambitious goals for growth. Read More

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Food robotics startup Dexai files for $6.7M fundraise

By | August 9, 2022

The company is pursuing a robotics-as-a-service business model and building robots to work in food preparation. Read More

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Cox Enterprises buys Axios for $525M, intensifying bet on digital media

By | August 9, 2022

The move reflects a change of strategy after Cox Enterprises sold most of its media holdings. Read More

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Five things you need to know, and Legos aren’t just for kids

By | August 9, 2022

Good morning, Boston. Here are the 5 things you need to know in Boston business news to start your hot and humid Tuesday. Read More

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Boston Public Library launches entrepreneur-in-residence program

By | August 9, 2022

The fund cited the lack of mentorship between business owners and aspiring entrepreneurs, especially in the Black and Latinx community, as a primary reason to establish its own entrepreneur-in-residence program. Read More

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Biogen seeks to shrink real estate in Kendall Square, suburbs

By | August 9, 2022

Biogen Inc. is looking to exit one of its buildings in Kendall Square and to sublease a sizable chunk of its space in Weston. The moves come as the Cambridge-based biotech company cuts costs amid struggles related to its Alzheimer’s drug. Read More

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Boston Properties’ Waltham lab project lands first tenants

By | August 9, 2022

Two biotech startups co-founded and led by the same chief executive have signed on to take space at a Boston Properties Inc. lab project now under construction in Waltham. Read More

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