San Antonio—An e-commerce golf clothing business called The Country Club Collection won the $25,000 top award at the Stumberg Prize Competition hosted by Trinity University in San Antonio. The Country Club Collection liquidates unsold inventory from country club pro shops and golf outlets through its website, according to Luis Martinez, the director of Trinity’s Center … Continue reading “Golf Apparel Startup Wins $25K at San Antonio Pitch Contest”
WorkHere Aims to Be LinkedIn for Non-Cubicle Dwellers
In the current era, it’s almost a given that people working in so-called white collar jobs will maintain a LinkedIn account. Whether for the purpose of storing a resume, communicating with potential employers, or connecting to one’s professional network for help finding a job, LinkedIn has become the default online network for cubicle dwellers across … Continue reading “WorkHere Aims to Be LinkedIn for Non-Cubicle Dwellers”
Echodyne Demonstrates Detect and Avoid Radar on a Small Drone
Echodyne, the metamaterials startup company backed by the likes of Bill Gates and Paul Allen, announced a successful test of its detect-and-avoid radar system for small drones. Bellevue, WA-based Echodyne—one of the startups commercializing metamaterials technology from patent aggregator and invention company Intellectual Ventures—says a small drone outfitted with a lightweight radar system could track … Continue reading “Echodyne Demonstrates Detect and Avoid Radar on a Small Drone”
Texas Roundup: Brainspace, Disruptors, Phunware, Chiron, Fountainhead
Let’s catch up with the latest innovation news in Texas: —Dallas’s Brainspace, a machine-learning software startup, has been acquired by private equity firms Medina Capital and BC Partners to become part of a larger cybersecurity and data services company. The new joint venture will be composed of 57 data centers and four software companies, including Brainspace. … Continue reading “Texas Roundup: Brainspace, Disruptors, Phunware, Chiron, Fountainhead”
Milwaukee Wine Subscription Startup Now Also Shipping Cheese
Bright Cellars appears to have little difficulty adjusting to its surroundings. The monthly wine service, which started in Boston but moved to Milwaukee last year, says it is now also shipping boxes of artisan cheeses to customers’ doorsteps. The cheeses are all made in the Badger State, Bright Cellars says. “Wisconsin has some of the … Continue reading “Milwaukee Wine Subscription Startup Now Also Shipping Cheese”
Ridesharing Startup SPLT Wins Accelerate Michigan’s $500K Prize
SPLT, the Detroit-based enterprise carpooling service and graduate of the Techstars Mobility program, walked away with the $500,000 grand prize at this year’s Accelerate Michigan Innovation Competition, the state’s largest annual startup event, held last week in Detroit. In an e-mail to supporters, SPLT CEO Anya Babbitt described the company’s reaction to the win: “Thursday night … Continue reading “Ridesharing Startup SPLT Wins Accelerate Michigan’s $500K Prize”
GetHuman Secures $3,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2b7f700-a385-49c7-86c2-11fcd1ea7977 Date 11/8/2016 Company Name GetHuman Mailing Address 51 Melcher St. Boston, MA 02210 USA Company Description At the core of GetHuman is the belief that very simple customer requests have become a complicated, tangled mess. One that involves long wait times, confronting multiple company reps, negotiating, enduring inappropriate upselling, and a … Continue reading “GetHuman Secures $3,000,000 New Financing”
sixQ Lands $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cece0464-3614-45f5-97a6-33bcfdaf34b1 Date 11/8/2016 Company Name sixQ Mailing Address 704 Washington St. North Easton, MA 02357 USA Company Description The sixQ innovation is simple, and like most disruptive innovations, was hiding in plain sight—the entire assessment lifecycle should be designed to ask and answer six question-types. That’s it. Website http://www.sixqsoftware.com Transaction Type Venture … Continue reading “sixQ Lands $1,000,000 New Funding Round”
MachineMetrics Obtains $2,084,263 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b4671e9-c441-46de-a2bd-b5ec6d5209ad Date 11/8/2016 Company Name MachineMetrics Mailing Address 5 Strong Ave. Northampton, MA 01060 USA Company Description MachineMetrics opens a live view into production allowing workers to immediately react to manufacturing problems with real-time dashboards and notifications. Every second, data from each machine is stored securely and available for historical performance analysis … Continue reading “MachineMetrics Obtains $2,084,263 New Financing”
Privateer Holdings Garners $40,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2788939-fd13-4e5c-8993-1e48592d91f2 Date 11/8/2016 Company Name Privateer Holdings Mailing Address Undisclosed Seattle, WA 98105 USA Company Description Privateer Holdings uses strategic investments in the cannabis industry to acquire and create mainstream brands, professionalizing the cannabis business landscape through the power of private enterprise. Website http://www.privateerholdings.com Transaction Type Debt Transaction Amount $40,000,000 Transaction Round … Continue reading “Privateer Holdings Garners $40,000,000 New Funding Round”
ActX Secures $1,900,646 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb7fc518-abf8-4a55-a568-830ea7a40db9 Date 11/8/2016 Company Name ActX Mailing Address 1100 Dexter Avenue North Seattle, WA 98109 USA Company Description ActX makes using genetics practical for physicians and patients. Focus on risks that you can do something about. Begin the era of precision medicine. Website http://www.actx.com Transaction Type Venture Equity Transaction Amount $1,900,646 Transaction … Continue reading “ActX Secures $1,900,646 New Financing”
Treasure Data Obtains $25,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6be6ec00-4759-4b88-a972-027cd8b408a1 Date 11/8/2016 Company Name Treasure Data Mailing Address 2565 Leghorn St. Mountain View, CA 94043 USA Company Description The Treasure Data Cloud Data Warehouse service enables data-driven companies to get big data analytics running in days not months without specialist IT resources and for a tenth the cost of other alternatives. … Continue reading “Treasure Data Obtains $25,000,000 Series C Funding”
Zoox Obtains $50,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7aaa9304-ef84-49a0-86c0-abf191f1dec9 Date 11/8/2016 Company Name Zoox Mailing Address 325 Sharon Park Dr. Menlo Park, CA 94025 USA Company Description Zoox is a robotics company pioneering autonomous mobility as-a-service. Zoox is developing a breakthrough, fully automated, electric vehicle fleet and the supporting ecosystem required to bring the service to market at scale. Website … Continue reading “Zoox Obtains $50,000,000 New Funding”
Fillr Secures $5,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89e47ccb-d9da-4d47-a5f5-b0e44fe3cfd8 Date 11/8/2016 Company Name Fillr Mailing Address 71 Stevenson Street San Francisco, CA 94103 USA Company Description Transacting on mobile is slow, tedious and error prone. Pinching and zooming on small screens with tiny keyboards all lead to errors and time wasted. Fillr standardises mobile forms into a format you can … Continue reading “Fillr Secures $5,000,000 Series A Financing Round”
TrendKite Garners $16,300,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5e210ae-e96a-4b9e-92f6-91a13e99bee4 Date 11/8/2016 Company Name TrendKite Mailing Address 800 Brazos St. Austin, TX 78701 USA Company Description TrendKite is an Austin, Texas based company that was founded in 2012 with the mission to help organizations better understand what the world thinks of them and react accordingly. Website http://www.trendkite.com Transaction Type Venture Equity … Continue reading “TrendKite Garners $16,300,000 Series D Financing”
Simplifide Secures $1,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e8cd8ad-e888-4fa0-8b59-e18d4e82344f Date 11/8/2016 Company Name Simplifide Mailing Address 301 S. Blount Street Madison, WI 53703 USA Company Description SimplifIDe is the world’s first turn-key Software as a Service (SaaS) that eliminates the risk, complexity and cost of using biometric identification to replace traditional passwords, magnetic access cards, or knowledge-based authentication by using … Continue reading “Simplifide Secures $1,000,000 New Financing Round”
Forecast Update: CA’s Prop. 61 Now A Toss-Up, New Poll Shows
Xconomy reported Thursday that support for Proposition 61, the California initiative to rein in drug prices, had slipped in a recent poll to a slim 51 percent majority, with 24 percent opposed and 25 percent undecided. Since then, a new state poll from a different pollster has put Prop. 61’s chances at a toss-up: 47 … Continue reading “Forecast Update: CA’s Prop. 61 Now A Toss-Up, New Poll Shows”
AquaBounty Charts Course to Market with $25M Intrexon Deal
Aquaculture company AquaBounty Technologies has scrapped plans to use a broad equity offering to raise the money it needs to bring its genetically engineered salmon to consumers. Instead, it has inked a deal to raise funds by selling securities to synthetic biology company Intrexon, its largest shareholder. The deal with Intrexon (NYSE: [[ticker:XON]]), announced Monday, … Continue reading “AquaBounty Charts Course to Market with $25M Intrexon Deal”
GetHuman Arms Itself With $3M to Fight Customer Service Battles
[Updated 11/7/16, 2:51 pm, with CEO comments at end of story.] GetHuman has raised $3 million from investors to boost its new service that fights people’s customer service battles for them. The funding round was led by NextView Ventures and Founder Collective, along with contributions from Operator.VC, Companyon, Correlation Ventures, O’Reilly AlphaTech Ventures (OATV), and … Continue reading “GetHuman Arms Itself With $3M to Fight Customer Service Battles”
Texas Innovators in Health, Space, Energy, A.I. & More: The Disruptors Photos
Texas innovation is as varied as the state is large. At Disruptors, a daylong forum held recently in Houston, Xconomy brought together entrepreneurs, investors, and other innovators to speak of their advances in investing, medical devices, virtual reality, and other sectors. The event was held at the Texas Medical Center’s accelerator, TMCx, and attracted about … Continue reading “Texas Innovators in Health, Space, Energy, A.I. & More: The Disruptors Photos”
Simplifide Raises $1M for User Authentication Software
Simplifide, a Madison, WI-based startup that’s developing technology to verify identities based on physical characteristics, says it has raised $1 million from investors. The company, launched earlier this year, is on the verge of signing its first customer and is discussing conducting pilot projects with a handful of organizations in the U.S. and Europe, says … Continue reading “Simplifide Raises $1M for User Authentication Software”
The Five Major Tech Trends of 2016
As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. As technology becomes more pervasive in our lives, we increasingly look for simple but secure, … Continue reading “The Five Major Tech Trends of 2016”
New Data Show Biogen, Ionis Drug Might Help More With Rare Spine Disease
Up until this point, studies of an experimental drug from Biogen and Ionis Pharmaceuticals had focused on patients with the most severe form of a rare, potentially deadly genetic disorder called spinal muscular atrophy. But new data released this morning show that the therapy, known as nusinersen (Spinraza), could have a much broader reach. Biogen … Continue reading “New Data Show Biogen, Ionis Drug Might Help More With Rare Spine Disease”
What Should Be on the Next President’s Cybersecurity Agenda?
From a hack of Democratic National Committee e-mails to fears that cyber attackers will attempt to interfere with tomorrow’s election, cybersecurity emerged as a crucial theme in this grueling presidential campaign. Neither candidate has said a lot about how he or she would address cybersecurity issues as president, although Hillary Clinton has offered more details … Continue reading “What Should Be on the Next President’s Cybersecurity Agenda?”
Roundup: IBRI, BioCrossroads, The Speak Easy, Indy’s Tech Boom & More
Here’s a look at innovation news from around Indiana: —The Indiana Biosciences Research Institute (IBRI) continues to build its core team as it ramps up operations. Earlier this month, the IBRI announced it has hired University of Notre Dame professor Nitesh Chawla to serve as the interim director of applied data sciences. Chawla, a professor … Continue reading “Roundup: IBRI, BioCrossroads, The Speak Easy, Indy’s Tech Boom & More”
Hollar Secures $30,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0f93a7d-34c4-4438-9c6d-2b5893e5d452 Date 11/7/2016 Company Name Hollar Mailing Address 2800 28th Street Santa Monica, CA 90405 USA Company Description Hollar is your destination for the coolest gifts and goods starting at just $2. We re here to make shopping insanely fun and keep wallets happy. Website http://www.hollar.com Transaction Type Venture Equity Transaction Amount … Continue reading “Hollar Secures $30,000,000 Series B Round”
Doctible Receives $2,000,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=646c0a18-3673-4887-83cc-ace280340ba6 Date 11/7/2016 Company Name Doctible Mailing Address 10045 Mesa Rim Road San Diego, CA 92121 USA Company Description Since 2013, we have been busy building the most efficient and trusted resource for finding quality providers and exposing healthcare costs. The idea for Doctible started when our founder Ajit injured his knee … Continue reading “Doctible Receives $2,000,000 Seed Financing”
BioCardia Lands $4,373,625 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93eae356-5ac9-4c16-96a0-0c0d2aa1638f Date 11/7/2016 Company Name BioCardia Mailing Address 125 Shoreway Road San Carlos, CA 94070 USA Company Description BioCardia’s Helix Biotherapeutic Delivery business remains committed to being the platform of choice for delivery of therapeutic agents to themyocardium. Website http://www.biocardia.com Transaction Type Debt Transaction Amount $4,373,625 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “BioCardia Lands $4,373,625 New Round”
Apartment List Obtains $30,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c6aa067-3099-4963-9e4d-24c5991f2aa0 Date 11/7/2016 Company Name Apartment List Mailing Address 500 3rd Street San Francisco, CA 94107 USA Company Description Welcome to the best apartment-hunting resource: ApartmentList.com. Our mission is to reinvent the rental market on a foundation of trust and transparency. Website http://www.apartmentlist.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round … Continue reading “Apartment List Obtains $30,000,000 New Funding”
Zipongo Receives $18,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2ed2da87-9a56-4665-85e7-2751eba98d99 Date 11/7/2016 Company Name Zipongo Mailing Address 120 Green Street 3rd Floor San Francisco, CA 94111 USA Company Description Zipongo makes it easier and more affordable to enjoya healthier new you. You like to eat healthy, and you want to serve your family nutritious, balanced meals. Website http://www.zipongo.com Transaction Type Venture … Continue reading “Zipongo Receives $18,000,000 Series B Funding Round”
Active Allocator Garners Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7c4327b-db8b-40fa-8cde-8763d619a7e2 Date 11/7/2016 Company Name Active Allocator Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description We focus narrowly in just two areas we know best – asset allocation and portfolio construction – something that is exceedingly hard to do, and when executed properly creates enormous investing value for clients and … Continue reading “Active Allocator Garners Seed Financing”
PlushCare Receives $8,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9aff47c3-24f5-4987-b593-8da7f0cd1228 Date 11/7/2016 Company Name PlushCare Mailing Address 650 5th St. San Francisco, CA 94107 USA Company Description Simply put, our mission is to challenge the status quo by providing every American convenient and affordable access to the best trained doctors in the country. Website http://www.plushcare.com Transaction Type Venture Equity Transaction Amount … Continue reading “PlushCare Receives $8,000,000 Series A Financing”
Sunflower Labs Garners $2,100,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bacd1ab-aec9-4582-b44e-9b2f37f0cb27 Date 11/7/2016 Company Name Sunflower Labs Mailing Address 564 University Ave. Palo Alto, CA 94301 USA Company Description Sunflower Labs combines Swiss craftsmanship and engineering with Silicon Valley startup culture. We’re leveraging years of experience building consumer products to design insightful home security. Website http://www.sunflower-labs.com Transaction Type Venture Equity Transaction Amount … Continue reading “Sunflower Labs Garners $2,100,000 New Financing”
BioCardia Lands $35,873,625 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd041001-0620-46fd-9ccf-adfa5af3cd97 Date 11/7/2016 Company Name BioCardia Mailing Address 125 Shoreway Road San Carlos, CA 94070 USA Company Description BioCardia’s Helix Biotherapeutic Delivery business remains committed to being the platform of choice for delivery of therapeutic agents to themyocardium. Website http://www.biocardia.com Transaction Type Venture Equity Transaction Amount $35,873,625 Transaction Round Undisclosed Proceeds Purposes … Continue reading “BioCardia Lands $35,873,625 New Financing”
Xanadu Heights Garners Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db79dbec-b250-4fcd-bb49-b98982536f15 Date 11/7/2016 Company Name Xanadu Heights Mailing Address 1535 Mission Street San Francisco, CA 94103 USA Company Description Xanadu Heights is a virtual reality game company based out of the Upload VR Collective space in San Francisco, California. The company is building a VR-focused game franchise. Website http://www.xanaduheights.com Transaction Type Venture … Continue reading “Xanadu Heights Garners Seed Funding”
Wish Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a53a0aac-8415-4b07-b6be-e9560a099587 Date 11/7/2016 Company Name Wish Mailing Address 1 Sansome St. 40th Floor San Francisco, CA 94104 USA Company Description Wish is a disruptive social platform to discover, collect, and share products with your friends. We are passionate about connecting relevant products to relevant people, and making shopping fun and seamless. Website … Continue reading “Wish Lands New Round”
Spinal Kinetics Secures $1,282,124 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08bd558c-d50f-4d28-84a8-f2e952a592c9 Date 11/7/2016 Company Name Spinal Kinetics Mailing Address 501 Mercury Drive Sunnyvale, CA 94085 USA Company Description Spinal Kinetics, Inc. is a start-up medical device company developing innovative orthopedic devices for the treatment of diseases of the spine. Website http://www.spinalkinetics.com Transaction Type Debt Transaction Amount $1,282,124 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Spinal Kinetics Secures $1,282,124 New Financing Round”
StyleSage Secures $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be5bb07a-c9c0-4edf-9c6a-051be7bd7bcb Date 11/7/2016 Company Name StyleSage Mailing Address 137 Varick Street Manhattan New York, NY 10013 USA Company Description We analyze competitors to help you adjust your next season’s strategy, identify opportunities in new retail channel partners, and monitor what is happening with your merchandise across channels. Website http://www.stylesage.co Transaction Type Venture … Continue reading “StyleSage Secures $2,000,000 New Funding”
Droit Financial Technologies Receives $16,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab10caba-2549-471e-83bc-99ddf6d3107e Date 11/7/2016 Company Name Droit Financial Technologies Mailing Address 75 Murray Street New York, NY 10007 USA Company Description Droit’s robust enterprise software answers these complex questions in real-time, consistently, across all OTC asset classes, globally active CCP’s, SEF’s and all G20 aligned regulatory regimes. Website http://www.droitfintech.com Transaction Type Venture Equity … Continue reading “Droit Financial Technologies Receives $16,000,000 New Funding Round”
Recondo Technology Obtains $16,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e012413-3e3f-46c2-8f96-e8ce71d3026c Date 11/7/2016 Company Name Recondo Technology Mailing Address 8200 E. Maplewood Avenue Greenwood Village, CO 80111 USA Company Description Recondo connects providers, payers, and patients using breakthrough cloud computing solutions throughout the healthcare revenue cycle. Website http://www.recondotech.com Transaction Type Venture Equity, Debt Transaction Amount $16,000,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “Recondo Technology Obtains $16,000,000 New Round”
Midwestern BioAg Lands $21,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f6e2366-0091-4b76-8c64-930a1ec1093b Date 11/7/2016 Company Name Midwestern BioAg Mailing Address 918 Deming Way Madison, WI 53717 USA Company Description Founded in 1983, much of what we make and do is based on the work of one of our founders, Gary Zimmer, considered by many to be the father of biological farming. His approach … Continue reading “Midwestern BioAg Lands $21,000,000 New Funding Round”
Reveal Mobile Receives $1,261,574 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1cf2a544-0b56-4f39-93b1-2a10d8a7bd6c Date 11/7/2016 Company Name Reveal Mobile Mailing Address 3344 Hillsborough St. Raleigh, NC 27607 USA Company Description Reveal Mobile builds mobile audience analytics from three distinct sources. We use traditional latitude & longitude, app behaviors, and the world’s first beacon-powered audience database. Website http://www.revealmobile.com Transaction Type Venture Equity Transaction Amount $1,261,574 … Continue reading “Reveal Mobile Receives $1,261,574 New Round”
Periscope Data Obtains $25,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0551161f-8183-4b46-b648-a9469af0c0ff Date 11/5/2016 Company Name Periscope Data Mailing Address 1405 Minnesota St San Francisco, CA 94107 USA Company Description Periscope Data merges business data from many data sources — ads, databases, billing, email, etc. — automatically and instantaneously. Customers use it to answer questions like: how do email and SMS. Website http://www.periscope.io … Continue reading “Periscope Data Obtains $25,000,000 Series B Financing Round”
Seattle Week in Review: Bottom of the Ninth, World’s Climate at Stake
For a moment this week—or for several hours, depending on how much of it you took in—America was transfixed by something historic, suspenseful, and with no modern precedent. Game 7 of the World Series, which delivered the pinnacle of drama in the sports world, was a needed break from the election, and perhaps a chance … Continue reading “Seattle Week in Review: Bottom of the Ninth, World’s Climate at Stake”
Nonprofit LifeNet Acquires Biotech With San Antonio Presence
San Antonio — Virginia nonprofit LifeNet Health has acquired the assets of a biotech company that has a top executive based in San Antonio. In acquiring Birmingham, AL-based Vivo Biosciences, LifeNet gets a cell-based technology used to test and analyze the safety and effectiveness of experimental drugs. The nonprofit, which claimed $217.9 million in assets at … Continue reading “Nonprofit LifeNet Acquires Biotech With San Antonio Presence”
Boston Tech Watch: MassChallenge Awards, Startup Funding, & Layoffs
Hard to believe it’s already November. As we get ready to turn the clocks back an hour on Sunday, let’s take a look back at some recent tech news in the Boston area: —At a swanky gala event on Wednesday night, MassChallenge and its partners awarded $1.5 million in grants and prizes to 16 of … Continue reading “Boston Tech Watch: MassChallenge Awards, Startup Funding, & Layoffs”
Cortica, Clarifai Show AI Isn’t Just for Big Companies Like Google
Deep learning just may be the buzziest, most misunderstood term in the tech world. And October was a banner month for the enigmatic subject. The term “deep learning” is, essentially, a synonym for a type of neural network approach. And though voguish at the moment, the goal of the field has long been to create … Continue reading “Cortica, Clarifai Show AI Isn’t Just for Big Companies Like Google”
Sanofi’s Experience With Dengvaxia May Speed Development of Zika Vaccine
Dengvaxia, the first licensed vaccine for dengue virus, has now been approved in 11 countries where dengue is endemic. But sales of the vaccine, which were initially projected to reach €200 million this year, barely reached €20 million in the first half of the year, with little sign of picking up. Sanofi Pasteur, the group … Continue reading “Sanofi’s Experience With Dengvaxia May Speed Development of Zika Vaccine”
MIT’s Venture Fund Gains Support, But Raises Questions from VCs
[Updated 11/6/16, 8:37 pm. See below.] Krishna Gupta was still an undergraduate student at MIT when he started his early-stage venture capital firm Romulus Capital in 2008. Seeking mentorship, he says he sent e-mails to professors around campus with the subject line “MIT venture fund.” MIT administrators weren’t thrilled. Gupta says he was contacted by … Continue reading “MIT’s Venture Fund Gains Support, But Raises Questions from VCs”
Bio Roundup: Clinical Shirkers, AMD Worriers, ASH Fallers & More
Our previous roundup came out last week before news broke that Susan Lindquist, a highly decorated and thoughtful researcher into the inner workings of proteins, passed away. She was 67. First at the University of Chicago and then MIT’s Whitehead Institute, Lindquist helped biologists see that all kinds of organisms—including ourselves—share errors of protein folding … Continue reading “Bio Roundup: Clinical Shirkers, AMD Worriers, ASH Fallers & More”