Latest Posts

• All About Talent: Takeaways From MIT’s $1B Plan to Lead Way in A.I.

  In 2011, Silicon Valley investor Marc Andreessen penned a widely read essay declaring that “software is eating the world.” If he were to write an updated version today, it might proclaim that machine learning is eating the world.

  Advances in data... Read more »

  Jeff Engel10/17/18

• Wisconsin Insurance Software Firm Dynamis Sold to Applied Systems

  Applied Systems, a Chicago-area company that sells its cloud-based software to groups in the insurance industry, announced Wednesday that it has acquired Dynamis Software. West Allis, WI-based Dynamis develops software that insurance brokers and agents can use to compare the different... Read more »

  Jeff Buchanan10/17/18

• In Boston, Paul Allen Aimed to Boost Bioscience’s “Tempo of Discovery”

  The scientific interests of the late Microsoft co-founder Paul Allen led him to fund a pair of major research centers in the Boston area devoted to cracking mysteries of the human biological code—and aiming to recreate the sort of foundational work... Read more »

  Brian Dowling10/17/18

• Report: Express Scripts Shuts Out Teva Migraine Drug, Prefers Rivals

  [Updated 10/17/18, 2:52 p.m. See below.] Express Scripts has just exerted its influence over the emerging market battle between drug makers trying to sell a new class of migraine-preventing medicines. The pharmacy benefits manager (PBM) is excluding a new... Read more »

  Frank Vinluan10/17/18

• Icon Snags $9M for Tech to Print 3D Homes in 24 Hours for $4,000

  Austin—Icon Technology, a company that builds 3D-printed homes and was permitted to construct its first home in Austin, TX, earlier this year, has closed a $9 million seed round of funding.

  The company plans to use some of the money... Read more »

  David Holley10/17/18

• Spinraza Inventors Take Home $3M Breakthrough Prize in Life Sciences

  The inventor and developer of a drug, nusinersen (Spinraza), are among the winners of the Breakthrough Prize in Life Sciences. Adrian Krainer (pictured) of Cold Spring Harbor Laboratory and Frank Bennett, senior vice president of research at Ionis Pharmaceuticals, share the... Read more »

  Corie Lok10/17/18

• Startups, Eh? Latest Gener8tor Class Includes 2 Canadian Companies

  Gener8tor went north of the border to find some of the participants in its latest Wisconsin startup accelerator program.

  The organization, which trains entrepreneurs and invests in some of the companies they run, appears to have picked two startups headquartered in... Read more »

  Jeff Buchanan10/17/18

• SoftBank’s Arm to Include Cybereason Security Services in IoT Hub

  Security-tech company Cybereason is announcing another boon flowing from close ties with its biggest investor, Japanese telecom and tech giant SoftBank. Boston-based Cybereason has formed a partnership with Arm, the dominant developer of computer chip architecture, which was acquired by SoftBank in... Read more »

  Bernadette Tansey10/17/18

• Citing Regulatory Uncertainty, Origin Code Academy to Close

  Origin Code Academy, one of San Diego’s few coding schools—for-profit companies that offer short-term vocational training in computer programming—said this month it will shutter on Nov. 16 after about three years in business.

  The company opened in late 2015, offering a... Read more »

  Sarah de Crescenzo10/17/18

• 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

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• 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

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