Mass High Tech News

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Updated: 2 hours 31 min ago

New Balance gifts UMass Boston $10M to create Institute for Innovative Leadership in Sport

Fri, 12/08/2023 - 2:34pm
The new institute will try to increase student enrollment in the sport leadership and administration program to 200-300 students annually by funding new faculty and academic support, as well as increasing scholarships.

Form D Friday: Rapid7's vendor, new insurance startup get capital

Fri, 12/08/2023 - 9:29am
Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses.

Investors react to Boston VC firm's collapse: 'Omen' or 'opportunity'?

Fri, 12/08/2023 - 5:23am
Members of the Boston venture capital community were loath to place blame on worsening economic conditions for OpenView’s decision to abandon its latest fund and part ways with its investment team.

MIT ordered to produce internal report into research misconduct at OpenAg

Thu, 12/07/2023 - 2:21pm
A former researcher at the Open Agriculture Initiative is now suing the university claiming wrongful termination.

Los Alamos National Laboratory trialing artificial intelligence-backed screening systems by Boston company

Thu, 12/07/2023 - 12:13pm
The Northern New Mexico lab was the first customer to receive production units of the Boston-area company's systems.

Healey administration pursues new blueprint for a dominant AI sector: ‘AI for X’

Wed, 12/06/2023 - 1:48pm
The strategy is part of the administration's new draft plan for the state's economic development, which also touches on the workforce as well as industries like life sciences and climatetech.

Celtics co-owner is a lead investor in new MIT AI spinoff

Wed, 12/06/2023 - 10:01am
The startup, Liquid AI, emerged from stealth on Wednesday with $37.5 million in seed capital.

Founders push for bill to stop “rampant” discrimination, sexual harassment in VC

Wed, 12/06/2023 - 9:19am
Advocates for the legislation say it would finally ensure investors were held to the same standards as other employers and workplaces in a time when there are still huge inequities in venture capital funding. Detractors have said it could lead investors to take fewer meetings with underrepresented founders in the first place.

Boston business leaders, Rwandan organization create new kind of entrepreneurship education

Wed, 12/06/2023 - 9:07am
In Rwanda, a group impacted by the genocide in 1994 and poverty formed Rungano-Ndota to support some of the region’s most vulnerable youth, empowering them as people and entrepreneurs.

Boston PE firm raises $115M for 2nd fund, documents show

Tue, 12/05/2023 - 2:00pm
Launched in 2019 by Nik Shah and Daniel Gedney, Cohere Capital closed its first $200 million fund in the spring of 2020.

Former Techstars Boston leader raises funds to build “Amazon of industrial equipment”

Tue, 12/05/2023 - 6:30am
The Boston startup raised an $8 million Series A financing led by Armory Square Ventures to expand throughout the country and internationally.

Spotify cut 1,500 jobs globally; it still has 'a team' in Boston, but less office space

Tue, 12/05/2023 - 5:26am
The music-streaming company is subletting some of its office space near Boston’s Government Center.

BostInno Approved: Here are the top December events to know about

Mon, 12/04/2023 - 3:56pm
December's startup and tech events include the BostInno Fire Awards, a tech breakfast club, the NEVY Awards and more. We have all the details.

Broadcom's VMware acquisition results in Boston office closing, 150 layoffs

Mon, 12/04/2023 - 12:48pm
Layoffs are expected to start on Jan. 26 next year, affecting VM's location at 2 Avenue de Lafayette.

DraftKings CEO, CFO sold combined $60M worth of stock shares in November

Mon, 12/04/2023 - 11:55am
The top two executives at the company sold a record value of shares last month, the highest amount by dollar value sold in a single month at the sports betting company in more than two years.

November M&A deal roundup: Fintech, cars and wearables

Mon, 12/04/2023 - 11:50am
Check out the 12 mergers and acquisitions of tech and life sciences companies BostInno reported on in November.

VC funding update: Which Boston-area startups raised money in November?

Mon, 12/04/2023 - 5:00am
It was a slow month for venture capital funding in November, with Boston-area companies raising around $280 million by our count.

National Beat: 'Death parties' and more ways founders handle startup failure

Fri, 12/01/2023 - 4:32pm
A techie gift guide, 'death parties' for shuttered startups, and more startups to watch in our latest National Beat.

WS names a familiar innovation leader to run District Hall

Fri, 12/01/2023 - 2:24pm
Emails shared with BostInno show that WS is moving forward with its plan to operate District Hall as an innovation center for another decade.

Whoop acquires Boston AI startup, adds to leadership team

Thu, 11/30/2023 - 5:12pm
This deal fits in with Whoop’s recent moves to invest in its new conversational digital fitness coach.