Latest Posts

• CVS Health Expands Delivery, as Pharmacies Try to Keep Amazon at Bay

  CVS Health said Tuesday that it has expanded its prescription-drug delivery service nationwide. Customers of the Rhode Island-based retail pharmacy giant, which operates about 9,800 stores in the U.S., will be able to get their medications, as well as over-the-counter items,... Read more »

  Jeff Buchanan6/19/18

• LoftSmart Adds $12.9M for Student Housing Review and Rental Software

  LoftSmart, a website that helps college students find off-campus housing, has raised $12.9 million in an equity funding round, according to a securities filing.

  New York-based LoftSmart lets students search for and review properties typically rented by students, leaving feedback... Read more »

  David Holley6/19/18

• In a Genentech Redux, Roche Pays $2.4B for Rest of Foundation Medicine

  Roche this morning agreed to acquire the part of Foundation Medicine it didn’t already own, another big vote of confidence in tests that analyze a patient’s cancer genes and the drugs that can target them.

  Roche will pay $137 per share,... Read more »

  Ben Fidler6/19/18

• Sarepta’s Data Are First in Rush for Duchenne Gene Therapy

  It’s far too early to say whether gene therapy can treat Duchenne muscular dystrophy, a deadly genetic disease. But the first clinical data have arrived, with Sarepta Therapeutics today reporting encouraging preliminary results from three patients.

  Sarepta (NASDAQ: SRPT), of... Read more »

  Ben Fidler6/19/18

• Business Catering Firm ezCater Goes Big With $100M Round

  Boston-based ezCater, which runs an online food-ordering service for businesses, said today it has $100 million in new money. The Series D financing round was led by Wellington Management Company, with previous investors including Iconiq Capital and Insight Venture Partners... Read more »

  Gregory T. Huang6/19/18

• Foxconn, Arrowhead, NorthStar & More: This Week’s Wisconsin Watchlist

  Catch up on news from Wisconsin’s innovation community with these recent headlines:

  —Foxconn paid nearly $15 million for an office building in downtown Milwaukee that will serve as the company’s North American headquarters, the Milwaukee Journal Sentinel reported. The location... Read more »

  Jeff Buchanan6/19/18

• Comcast, ForgePoint Pump $10M Into Security Analytics Startup Uptycs

  Uptycs is starting to make some noise. Today, the two-year-old cybersecurity startup announced a $10 million Series A funding round to help expand its team and advance its security analytics software.

  The investment was led by ForgePoint Capital, a cybersecurity-focused... Read more »

  Jeff Engel6/19/18

• Emulate Adds $36M to Expand “Organ Chip” Drug Research Technology

  Emulate, a Boston-based startup that has developed small laboratory chips intended to replace the animal tests used in pharmaceutical research, has raised $36 million in financing.

  The Series C round of funding was led by Founders Fund. Also participating in the... Read more »

  Frank Vinluan6/19/18

• Decibel Hauls in $55M to Bring Multiple Hearing Drugs to the Clinic

  [Updated, 6/19/18, 4:20 p.m. See below.] Hearing loss affects millions of Americans, but so far, drug companies have not yet brought treatments to the market. Decibel Therapeutics aims to pioneer the discovery and development of therapies addressing multiple forms... Read more »

  Frank Vinluan6/19/18

• New Conquer Cohort Tackling Homecare Staffing, Snapchat Filters, More

  A glance at the thermometer confirms summer is officially here—quite oppressively here if you’re in the Midwest—and that means the start of a handful of annual startup incubation programs in Michigan.

  The Conquer Accelerator, hosted by Spartan Innovations, just... Read more »

  Sarah Schmid Stevenson6/19/18

• Quest Analytics Buys Healthcare Compliance Software Firm BetterDoctor

  BetterDoctor, a San Francisco-based startup that has built a national database with information on physicians, dentists, and other practitioners, has been acquired by a Wisconsin software analytics business, the companies said Monday.

  Appleton, WI-based Quest Analytics said that following its... Read more »

  Jeff Buchanan6/18/18

• Rock River Capital Nabs Another $15M to Invest in Midwest Startups

  A young Wisconsin venture capital firm says it has raised more than $15 million for a fund created under a program partially supported by the state of Wisconsin and aimed at increasing the amount of funding available to Badger State startups.... Read more »

  Jeff Buchanan6/18/18

• As Sarepta Preps Data, FDA Lifts Hold on Solid’s Duchenne Gene Therapy

  The race to use gene therapy to treat Duchenne muscular dystrophy, a progressive, deadly genetic disease that affects boys, is heating up this week. The FDA just cleared Solid Biosciences to resume clinical testing of a Duchenne gene therapy, a day... Read more »

  Ben Fidler6/18/18

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• Mapping Software Startup Ushr Lands Installation Deal with Cadillac

  Ushr, the Livonia, MI, and Lompoc, CA-based startup making high-definition mapping software for use in semi-autonomous and autonomous vehicles, has earned awards and accolades since it launched last year. The latest award has paved a path to get Ushr’s software... Read more »

  Sarah Schmid Stevenson6/18/18

• Built on Quantum Mechanics, Intraband Eyes Missile Defense for Laser

  After meeting with North Korean leader Kim Jong-un, President Donald Trump wrote in a tweet that “there is no longer a nuclear threat from North Korea” to the U.S.

  Other elected leaders disagree. “Saying it doesn’t make it so,” Sen. Chuck... Read more »

  Jeff Buchanan6/15/18

• CarePredict Set to Buy IP of San Antonio’s WiseWear From Bankruptcy

  San Antonio—The intellectual property of WiseWear, the bankrupt company that sold fashionable wearable devices, may be sold to the new employer of WiseWear founder Jerry Wilmink.

  CarePredict, a Plantation, FL-based business that sells wearable devices and software to assisted... Read more »

  David Holley6/15/18

• Teva’s Migraine Drug Fails in Phase 3 for Chronic Cluster Headaches

  Teva Pharmaceutical’s bid to add a new therapeutic application for its experimental migraine-prevention drug has faltered in a late-stage study.

  Israel-based Teva (NYSE: TEVA) said Friday that it is stopping a Phase 3 clinical trial testing its drug, fremanezumab, for... Read more »

  Frank Vinluan6/15/18

• 30Ventures Seeks $15M to Fund Startups in Healthcare, Water Tech

  30Ventures, one of the newest additions to Wisconsin’s venture capital scene, quietly revealed plans this week to raise up to $15 million for its debut fund, which will back healthcare and water and chemistry-related technologies in the Midwest.

  The Madison, WI-based... Read more »

  Jeff Buchanan6/15/18

• Bio Roundup: Not-BIO Party Foul, CRISPR Drama, Sickle Cell Updates

  This week brought a sobering reminder of how far away we are from true gender equality in the life sciences. An industry party held during BIO’s annual meeting in Boston last week featured scantily clad women with company logos painted on... Read more »

  Ben Fidler6/15/18

• For Sickle Cell, a Complex Disease, New Drugs Could Bring Complex Costs

  Cassandra Trimnell has sickle cell disease. She also loves to travel. For her 30th birthday last year, she and her husband planned a trip to Indonesia, and she figured she would be fine. Growing up in Iowa, she was sick all... Read more »

  Alex Lash6/15/18

• Bluebird’s Upgraded Gene Therapy Shows Promise For Sickle Cell Patients

  Bluebird Bio has new clinical data this morning that, while early and only from a handful of patients, are the most significant evidence to date that gene therapy might help people with sickle cell disease, a genetic disorder without an effective... Read more »

  Ben Fidler6/15/18

• Boston Tech Watch: Airbnb, Tableau, Pillo, Orbita, Validity & More

  Here are some of the latest headlines from the Boston-area tech community:

  —Seattle-based Tableau Software (NYSE: DATA) said it acquired Empirical Systems, an automated statistical analysis startup that spun out of MIT’s Probabilistic Computing Project. The price wasn’t disclosed in... Read more »

  Jeff Engel6/15/18

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• Austin’s Ambiq Micro Adds $11M for Energy-Efficient Microcontrollers

  Austin—Ambiq Micro, which makes energy-efficient chips and sells them internationally, has raised $11.4 million in an equity funding round, according to a securities filing. The company may raise up to $20 million, the filing says.

  Austin, TX-based Ambiq sells... Read more »

  David Holley6/14/18

• Fasetto Eclipses Crowdfunding Goal on First Day of Campaign

  [Updated 6/14/18 5:58 p.m. See below.] Fasetto, a Superior, WI-based company that develops solid-state storage drives and cloud-based software for instantly sharing files, on Thursday announced a new product aimed at helping users store and broadcast digital presentations.... Read more »

  Jeff Buchanan6/14/18

• After Departing CyPhy, Helen Greiner to Help U.S. Army in Robotics

  Helen Greiner, the robotics expert and entrepreneur who co-founded iRobot, quietly left her most recent startup, the drone venture CyPhy Works, a few months ago, and she is now working with the U.S. Army on robotics and artificial intelligence initiatives.

  Greiner... Read more »

  Jeff Engel6/14/18

• GE Plans a Sale as San Diego Smart City Project Nears Completion

  In another month or two, a General Electric (NYSE: GE) subsidiary is expected to complete the installation of an intelligent lighting system in San Diego that’s been billed as “the world’s largest municipal Internet of Things.”

  The Boston-based subsidiary, Current... Read more »

  Bruce V. Bigelow6/14/18

• Benchling Scores $14.5M to Grow Online Lab Notebook for Bio-Researchers

  New immunotherapy approaches to cancer treatment, and the CRISPR technology for editing genetic material in cells, are among the most sophisticated research strategies scientists are using in their quest to defeat disease.

  But as researchers develop these techniques based on manipulating... Read more »

  Bernadette Tansey6/14/18

• Mindstrong Adds $15M for Tech That Predicts Mental Health Changes

  Mindstrong Health, a technology company that wants to help treat neurological conditions by tracking a person’s smartphone use, announced this morning it has closed a $15 million Series B round of funding.

  The Palo Alto, CA-based company is using the new... Read more »

  David Holley6/14/18

• San Antonio Considers $750K Package to Woo E-Commerce Firm THG

  San Antonio—Cities across the country are offering Amazon billions of dollars in incentives to locate its second headquarters there, from Maryland’s $8.5 billion in tax breaks and credits to Atlanta’s reported offer of $1 billion and the title of mayor... Read more »

  David Holley6/13/18

• Roundup: Startup Week Detroit, Grand Circus, MWCT, Duo Security, More

  Summer is here, and with it, plenty of tech news from across Michigan. Startup Week Detroit kicks off on Monday, while other programs have fast-approaching application deadlines; grants have been awarded; milestones have been achieved; and new hires have been announced.... Read more »

  Sarah Schmid Stevenson6/13/18

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