Boston Deals: Hologic, CustomMade, and the MIT Clean Energy Prize
New England clean energy, life sciences, and Internet startups pulled in funding this week. Plus there was some big acquisition news.
—Hologic (NASDAQ: HOLX), a Bedford, MA-based maker of women’s health products, said Monday it will acquire San Diego-based molecular diagnostics company Gen-Probe for $82.75 a share, for a total of $3.7 billion. The deal represents a 20 percent premium over Gen-Probe’s (NASDAQ: GPRO) Friday closing share value of $68.71 and is expected to close in the second half of this year.
—Cambridge, MA-based Mersana Therapeutics nabbed $4 million in debt financing, for a total round size of $10 million, an SEC filing shows. The company is developing technology to deliver cancer drugs to tumors without affecting healthy tissue.
—CustomMade, the Cambridge-based startup whose website connects artisans with shoppers looking for custom goods, said it raised a $4 million funding round led by previous investor Google Ventures, as well as Schooner Capital. Its existing investors, Launch Capital, NextView Ventures, Facebook co-founder Andrew McCollum, and First Round Capital all joined the deal, which comes atop a $2 million funding from last September.
—MIT awarded its $200,000 Clean Energy Prize to Radiator Labs, a startup founded by Columbia University students that seeks to make radiator heating systems more energy efficient with an enclosure that controls the amount of heat transferred to a room.