Posts by ericg
Boston deep-tech VC firm raises $352M for 3rd fund
Material Impact’s latest fundraise comes about three years since its $200 million second fund in 2020 and seven years since the firm’s inception in 2016. Read More
Read MoreBXP sells stake in two Kendall Square projects to Norges Bank unit
The transaction is a high-profile aberration in what has been a chilly market for life sciences properties. Read More
Read MoreFirst Citizens reveals community investment plan to fill hole left by SVB
After months of uncertainty over whether the new owner of Silicon Valley Bank would uphold the failed bank’s prior commitments, First Citizens has announced its community investment plan. Read More
Read More‘Millionaires tax’ to fund massive college aid expansion intended to help 25K students
Gov. Maura Healey announced that $62 million in new funding included in the fiscal year 2024 budget will benefit approximately 25,000 students attending the state’s community colleges, state universities and the University of Massachusetts. Read More
Read MoreMGB accepting ‘limited’ primary care patients, despite recent media reports
Mass General Brigham has limited availability for primary care at its largest hospitals, but is still accepting new patients, despite media reports. Read More
Read MoreVicarious Surgical makes ‘significant’ headcount cuts in 2nd round of layoffs this year
The Waltham medical device firm’s CEO described the cuts as "pretty significant" in a call Wednesday morning. Read More
Read MoreTJX pulls back on e-commerce as store sales rise
The Framingham off-price retail chain has shuttered its HomeGoods.com e-commerce business as customer traffic at its brick-and-mortar stores drove above-expected sales. Read More
Read MoreEntrepreneur who once lived on food stamps is now combating food insecurity
Ashley Tyrner, who lives in Boston’s Back Bay, has dedicated herself to combating food insecurity. Her company, FarmboxRx, has transformed itself over the last three years from a direct-to-consumer brand to one that services health plans. Read More
Read MoreFive things: Convention center kerfuffle, a biotech HQ move, more layoffs and a Peter Lynch story
Good morning! It’s National Clean Out Your Refrigerator Day. (I dare you to tackle your office fridge.) Here are the five things you need to know in Boston business news to start your workday, plus more tech layoffs, a campus construction project, Gillette history trivia and a Peter Lynch story you couldn’t have guessed. Read…
Read MorePath cleared for cannabis businesses to receive needed state funds
Money might finally hit the pockets of social equity cannabis businesses, who have long been waiting for the state to fulfill its promise of grants. Read More
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