Deep tech VC fund The Engine raises $230M for its second fund from MIT and new backer Harvard

Deep tech. Hard tech. Or, as The Engine dubs it, Tough Tech. Venture investing today is essentially identical to what happens on Wall Street, focused on data rooms, spreadsheets, SaaS churn models and cohort analysis. Yet, the history of venture capital firms is heavily interwoven with universities and their research. Some of the most famous […]

Boston startups expand region’s venture capital footprint

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth […]

GrubMarket raises $60M as food delivery stays center stage

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to COVID-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions. […]

SaaS Ventures takes the investment road less traveled

Most venture capital firms are based in hubs like Silicon Valley, New York City and Boston. These firms nurture those ecosystems and they’ve done well, but SaaS Ventures decided to go a different route: it went to cities like Chicago, Green Bay, Wisconsin and Lincoln, Nebraska. The firm looks for enterprise-focused entrepreneurs who are trying […]

The Shed is a startup out of Virginia trying to revive the rental-for-everything business

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories (just ask investors in Rent the Runway), but has had not had the same resonance […]

3 views on the future of geographic-focused funds

For many investors, the coronavirus has effectively taken geography out of the equation when it comes to vetting new opportunities. While this dynamic opens up startups to more investment opportunities, venture capital firms that focus on a specific region are in a thornier spot. The competitive advantage they once had when raising — the notion […]

Cyber threat startup Cygilant hit by ransomware

Cygilant, a threat detection cybersecurity company, has confirmed a ransomware attack. Christina Lattuca, Cygilant’s chief financial officer, said in a statement that the company was “aware of a ransomware attack impacting a portion of Cygilant’s technology environment.” “Our Cyber Defense and Response Center team took immediate and decisive action to stop the progression of the attack. We […]

SoftBank Vision Fund 2 leads $100 million Series C in digital therapeutics company Biofourmis

Biofourmis, which combines AI-based data analytics and biosensors to monitor the progress of medical treatments, has raised funding from one of the world’s most high-profile investors. The digital therapeutics company, which launched in Singapore and is now headquartered in Boston, announced today it closed a $100 million Series C led by SoftBank Vision Fund 2, […]

Duck Creek seeks $3B valuation for its software IPO

American software company Duck Creek has upped the stakes in its impending IPO, raising its price target from a range of $19 to $21 per share to $23 to $25 per share. The bump comes as software and cloud stocks have fallen more than 10% from recent highs, putting them in technical correction territory. The Exchange […]

Boston’s Q2 shows that the startup rebound isn’t ahead of us, it’s upon us

TechCrunch ist Teil von Verizon Media. Klicken Sie auf ‘Ich stimme zu.‘, um Verizon Media und dessen Partnern Ihre Einwilligung zu geben, Cookies und ähnliche Technik zu nutzen, um auf Ihr Gerät zuzugreifen und Ihre Daten (einschließlich Standort) zu nutzen, um mehr über Ihre Interessen zu erfahren, personalisierte Anzeigen bereitzustellen und deren Effektivität zu messen. […]