Latest Posts

• Andreessen Leads $300M Bet on Devoted Health’s Senior Care Approach

  If you had more than $300 million to try and fix the healthcare industry, how would you do it?

  For a startup called Devoted Health, the answer involves a combination of providing more home healthcare and support to the seniors it... Read more »

  Jeff Engel10/16/18

• CyberFortress Plans 2019 Launch as Cyber Insurance Industry Grows

  San Antonio—Cybersecurity is a fast growing area of the insurance industry as insurers capitalize on the smattering of fear-inciting headlines, from the Equifax and Facebook breaches to the ever-present risk of ransomware.

  Large companies like Nationwide Mutual Insurance offer businesses... Read more »

  David Holley10/16/18

• Paul Allen’s Contributions, Far Beyond Microsoft, Touched the Brain, AI & More

  Technology and life sciences leaders say they’ll remember Paul Allen, the Microsoft co-founder, philanthropist, and investor who passed away Monday at age 65, as an “inspiration” whose work will impact the fields he worked in for years to come.

  Allen died... Read more »

  Jeff Buchanan10/16/18

• Stratatech Gets $26M More to Develop Skin Tissue for Treating Burns

  An agency within the U.S. Department of Health and Human Services has awarded Stratatech, a Madison, WI-based maker of human skin tissue, $26 million in new funding.

  Stratatech, which is developing cell-based regenerative skin tissue for burn victims and others,... Read more »

  Jeff Buchanan10/16/18

• Warp Drive’s Odyssey Ends with a Buyout—By Revolution, Not Sanofi

  Warp Drive Bio started up in 2012 with a potential buyer, Sanofi, already in place. Six years later the Cambridge, MA, company is being acquired—by another startup, Revolution Medicines.

  The companies aren’t disclosing financial details of the acquisition, other than to... Read more »

  Frank Vinluan10/16/18

• Tulerie Helps Users Dress Like Models, Without Breaking the Bank

  Tulerie makes its debut today, joining a growing roster of online clothing rental startups.

  The New York-based Tulerie focuses on high-end couture—items that retail for $1,000 to $10,000—that might be worn a time or two but mostly take up space in... Read more »

  Angela Shah10/16/18

• Fidelity’s New Crypto Startup Could Spark Wall Street Investment

  Blockchain and cryptocurrency advocates have been waiting for large financial institutions to shed their wariness and begin investing meaningful amounts of money into the emerging technology. The sector may have gotten a significant catalyst on Monday, when Fidelity Investments announced it... Read more »

  Jeff Engel10/15/18

• TX Tech Wrap: New Fundings, OJO Picks Up WolfNet, New Oracle Startups

  There have been a flurry of announcements of new fundings for Texas startups. Let’s get caught up with the latest innovation news.

  —Hail Merry, a Dallas maker of raw, plant-based snacks, has raised a little over $1... Read more »

  Angela Shah10/15/18

• Study: Reflexion Health Virtual Therapy System Reduces Rehab Costs

  Reflexion Health, which has developed a “virtual physical therapy” system for patients recovering from surgery, said results from a randomized controlled clinical trial completed by nearly 300 people showed patients who used the technology saved the healthcare industry an average of... Read more »

  Sarah de Crescenzo10/15/18

• Fusion Coolant Systems Snags $8M Series C, Plans to “Hit Go Button”

  Fusion Coolant Systems, the Canton, MI-based industrial tech startup spun out of the University of Michigan, has raised an $8 million Series C funding round. The investment was led by Material Impact, a Boston venture capital firm, and Michigan... Read more »

  Sarah Schmid Stevenson10/15/18

• Room Service by Robot and Other Ways Tech Is Changing the Hotel Stay

  More days than not, Michael Colaneri’s home is a hotel room. So innovations like “geolocation” sensors that automatically unlock his room door and adjust the thermostat when he’s nearby make the constant change easier—sometimes.

  “My experience has been exceptionally inconsistent,” he... Read more »

  Angela Shah10/15/18

• MIT Raises $650M for New College to Advance A.I. With Eye on Ethics

  MIT is making another significant investment in artificial intelligence. The Institute announced Monday that it will establish a new college on its Cambridge, MA, campus—the MIT Stephen A. Schwarzman College of Computing—that will serve as an interdisciplinary hub for advancing ideas... Read more »

  Jeff Engel10/15/18

• Alnylam Won’t Seek Quick FDA Nod For Second RNAi Drug

  A few weeks ago, Alnylam Pharmaceuticals indicated it might seek a speedy FDA approval for what could be the second-ever RNA interference medicine to market. After meeting with regulators, however, the Cambridge, MA, company has come up with a different plan.... Read more »

  Ben Fidler10/15/18

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• Roche and SQZ Biotech Expand R&D Pact in Pursuit of New Cancer Drugs

  Roche, the world’s biggest cancer drug company, selected the technology of startup SQZ Biotechnologies to help it develop new cellular therapies for cancer. Three years after that drug alliance started, the partners are now broadening the immune cells covered by... Read more »

  Frank Vinluan10/15/18

• Ahead of WARF Keynote, Gigaom’s Reese Talks Academia’s Startup Push

  Byron Reese, the Gigaom publisher and successful entrepreneur who has written extensively on how technology impacts society, says he believes the biggest future breakthroughs are likely to come from universities and startup companies, rather than large, publicly traded ones.

  “I think... Read more »

  Jeff Buchanan10/12/18

• Zendesk Opens New Madison Office With Room for 400+ Employees

  Zendesk is ramping up its investments in Madison, WI, which is home to the customer-service software company’s second-largest U.S. office.

  On Friday, San Francisco-based Zendesk (NYSE: ZEN) said it’s celebrating the opening of its new office on Madison’s Capitol Square,... Read more »

  Jeff Engel10/12/18

• Energy, Real Estate & Other Firms Pledge Capital to HX Venture Fund

  Houston—Houston Exponential, a group formed last year to boost the city’s innovation ecosystem, announced Thursday that its fund of funds has raised $25 million from nine corporate investors.

  That commitment makes up half of the planned $50 million size of... Read more »

  Angela Shah10/12/18

• Bristol Stumbles in Lung Cancer Again as Rivals Play Catch-Up

  Nivolumab (Opdivo) recently became the first immunotherapy ever approved for people with small cell lung cancer (SCLC), a particularly aggressive form of the deadly disease. But the lead given to its developer, Bristol-Myers Squibb, may be short-lived.

  Bristol (NYSE: BMY)... Read more »

  Ben Fidler10/12/18

• Adynxx Agrees to Merger with Alliqua to Gain Public Stock Listing

  The number of biotech companies completing an IPO has swelled this year and Adynxx aims to join their ranks—but through an alternate path. The pain drug developer has agreed to combine operations with publicly traded Alliqua Biomedical.

  Under the merger agreement... Read more »

  Frank Vinluan10/12/18

• Bio Roundup: BIO Diversity, Allogene IPO, CRISPR In Utero & More

  Nearly four years after investors snapped up new shares of Juno Therapeutics in a $265 million IPO, cancer immunotherapy remains a hot ticket. Like Juno, Allogene Therapeutics just pulled in a massive IPO haul, nearly $300 million. And like Juno, Allogene... Read more »

  Alex Lash10/12/18

• Reuters Report Ranks U-M Among World’s Most Innovative Universities

  The University of Michigan has been named one of the 100 most innovative university systems in the world in a new report issued Thursday by Reuters. Reuters said the list ranks “educational institutions doing the most to advance science, invent new technologies,... Read more »

  Sarah Schmid Stevenson10/12/18

• Transatomic Power Leader Talks Startup’s Demise, Political Headwinds

  It’s hard out there for nuclear energy startups. Not only do they face daunting challenges in trying to develop more efficient and safer methods of generating power from nuclear materials, but regulations and the current political climate can also pose roadblocks.... Read more »

  Jeff Engel10/12/18

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• Facebook Bars 800 Fake Accounts and Pages For Using Tactics Like Russia’s

  In another wave of account shutdowns, Facebook announced Thursday that it disabled more than 800 pages and accounts to prevent groups that disguised their identities from flooding its network with inauthentic content—some of it hyper-partisan political messages.

  Facebook (NASDAQ: FB)... Read more »

  Bernadette Tansey10/11/18

• BIO Has Big Diversity Goals. Does It Have the Means to Reach Them?

  Whether from embarrassing parties or sobering surveys, the biotech gender gap problem has made plenty of headlines the past couple years. The industry’s largest trade group, the Biotechnology Industry Organization (BIO), is trying to encourage its more than 1,000 member companies... Read more »

  Alex Lash10/11/18

• Tim Berners-Lee Building Inrupt to Fix the Web—Will Users Come?

  The World Wide Web is at a crossroads.

  For all the benefits it has brought society over the past three decades—faster and easier communication, instant knowledge access, a seemingly inexhaustible marketplace of goods and services—the Web has also morphed into an... Read more »

  Jeff Engel10/11/18

• Special Day Passes for X·CON 2018! November 4, 5, and 6

  In less than a month Xconomy’s newest event, X·CON 2018, will explore the future of innovation across multiple topics and industries, and facilitate deep interactions far beyond your standard conference. It will take place on November 4, 5, and 6... Read more »

  Ashley Gentile10/11/18

• Planes, Drones & Automobiles: Techstars Grads Run the Mobility Gamut

  On Tuesday afternoon, before a packed house at the Detroit Institute of Art’s film theatre, 11 startups just finishing a summer stint in the Techstars Mobility accelerator program took to the stage to talk more about what their companies were developing.... Read more »

  Sarah Schmid Stevenson10/11/18

• Xconomy Awards 2018 Gala Honors the Best of Boston Life Science: Slideshow

  The 2nd annual Xconomy Awards Gala was a who’s who of Boston biotech. About 400 people from across the life science ecosystem came out to Boston’s Hynes Convention Center last month to celebrate the finalists over dinner and drinks, find out... Read more »

  Corie Lok10/11/18

• Allogene’s IPO Raises $288M for Tests of “Off-the-Shelf” Cell Therapy

  Allogene Therapeutics has raised $288 million in an IPO, marking one of the biggest stock market debuts for a biotech this year.

  The cell therapy developer sold 18.4 million shares at $18 apiece, within the high end of its projected $16... Read more »

  Frank Vinluan10/11/18

• Teradata Moves HQ to San Diego in Global Rebranding Effort

  Andrian Pawluk was living in San Diego when Teradata hired him this year and tasked him with transforming 65,000 square feet of offices into an alluring workspace for techies—but he had never previously heard of the data warehouse and business analytics... Read more »

  Sarah de Crescenzo10/11/18

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