Archive for August 2023

At 22 years old, the Marlborough-based maker of so-called personal exoskeletons to help people who’ve lost mobility is finally nearing a long-awaited inflection point: becoming profitable. The company will spend $19 million to acquire AlterG, a Fremont, California-based company behind bionic legs and "anti-gravity" physical rehabilitation systems. Part of the goal in acquiring AlterG is…

As WeWork casts "substantial doubt" about its business prospects, what does the future hold for coworking? Read More

Nearly two years after launching, a big RNA play from venture firm Flagship Pioneering has announced a nine-figure raise. Alltrna, the startup behind still-experimental drugs that use transfer RNA or "tRNA," raised $109 million in a Series B round. But the company isn’t naming any investors, aside from Flagship, alluding only to "a number of…

In an exclusive interview, the executive director of the Boston Dynamics AI Institute discusses how the institute is keeping its head down on recruiting and R&D — as far as possible from the commercialization focus of its namesake company. Read More

Early next year, the company will move into a brick-and-beam office building now occupied by GoTo, formerly known as LogMeIn. Read More

The company announced a “restructuring plan” to eliminate 18% of its workforce. It had over 2,600 full-time employees as of the beginning of the year and over 700 employees in Massachusetts. Read More

A new venture-capital fund from Steve Jobs’ son, a look at the top-paying companies for software engineers and more startup news in our latest National Inno Beat. Read More

The Boston Foundation created a new fund for refugee families as Gov. Healey called a state of emergency. Read More

Last summer, Chase promised to open 90 branches by the end of 2025. The bank is already more than halfway to its goal, and has no plans to slow down. Read More

The affiliation will allow the two hospitals to transfer patients between them, so that sicker patients can go to Tufts Medical Center, and patients more appropriate for community-level care can stay closer to home. Read More