Archive for August 2022
After a ‘frightening period,’ water-cooler startup Bevi raises $70M
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
Read MorePegasystems hires first chief medical officer, aims to grow health care business
The software company sought a CMO who could improve patient outcomes by bridging clinicians to its technology. Read More
Read MoreMost investors believe US headed for recession, State Street survey finds
Gen-X investors, in particular, are fearful about inflation hitting their pockets and their retirement savings. Read More
Read MoreDefinitive Healthcare CEO takes aim at major growth goals
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
Read MoreFood robotics startup Dexai files for $6.7M fundraise
The company is pursuing a robotics-as-a-service business model and building robots to work in food preparation. Read More
Read MoreCox Enterprises buys Axios for $525M, intensifying bet on digital media
The move reflects a change of strategy after Cox Enterprises sold most of its media holdings. Read More
Read MoreFive things you need to know, and Legos aren’t just for kids
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
Read MoreBoston Public Library launches entrepreneur-in-residence program
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
Read MoreBiogen seeks to shrink real estate in Kendall Square, suburbs
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
Read MoreBoston Properties’ Waltham lab project lands first tenants
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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