Archive for December 2023
Riding the AI wave, Lightmatter hits ‘unicorn’ status with $155M investment
A Boston-based developer of photonic chips specialized for AI made headlines on Tuesday for closing an additional $155 million in new funding and revealing its new $1.2 billion valuation. Read More
Read MoreUMass general counsel to join Hunton Andrews Kurth
Leone was the Middlesex District Attorney and first assistant U.S. attorney for the District of Massachusetts. Read More
Read MoreGerman patent court deals CureVac a blow to Covid vaccine IP
An mRNA-focused biotech with operations in Boston and Germany just suffered a major loss at the hands of Germany’s patent court. Read More
Read MoreStruggling bluebird aims to raise funds through stock sale, unusual financing deal
Typically, a new drug approval — and the third in just two years’ time — is good news for a biopharmaceutical company. Not so for bluebird bio Inc., whose new sickle-cell gene therapy is not going quite according to plan. Read More
Read MoreBoston-based weight-inclusive primary care company raises $20M
knownwell launched in January following a $4.5 million seed funding round. Read More
Read MoreUrban outmigration continues to slow in several major US cities
A barometer of how urban migration is faring in a post-pandemic world suggests a return to a pre-pandemic pace of outmigration is occurring in many U.S. city centers. But some are faring better than others. Read More
Read MoreGreg Raiz reveals accelerator cohort following ‘anti-demo days’
Founder Greg Raiz said the startups were chosen based on an AI algorithm that predicts founder success based on a dataset of successful — and not successful — exits. Read More
Read MoreDeveloper adds Johnnies restaurant site to Fenway transformation
The joint venture behind Fenway Corners is proposing to redevelop the home of the restaurant Fenway Johnnies into offices and labs on its upper floors, with retail or restaurant space on the ground floor. Read More
Read More14 new businesses added to The Street in Chestnut Hill
The Street shopping center in Chestnut Hill is adding Alo Yoga, the outerwear retailer Arc’Teryx and the floral shop Winston Flowers among 14 new tenants in an expansion set to open next year. Read More
Read MoreLahey, UMass Chan break ground on new medical school campus in Burlington
Last December, UMass Chan and Lahey signed a master affiliation agreement to establish UMass Chan-Lahey. Read More
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