Latest Posts

• Elanco IPO Raises $1.5B as the Animal Health Biz Spins Off from Lilly

  Elanco is now a standalone company after raising $1.5 billion in its stock market debut.

  Greenfield, IN-based Elanco (NYSE: ELAN) sold 62.9 million shares at $24 apiece, which topped the $20 to $23 range it had initially targeted. Investors showed... Read more »

  Frank Vinluan9/20/18

• Rapid7 Launches Security Automation Tools to Take On IBM, FireEye

  [Updated 9/20/18, 1:04 pm. See below.] Cybersecurity software firm Rapid7 is rolling out new and updated products geared toward helping customers automate more of their security processes and tie together the patchwork of defense mechanisms many of them have... Read more »

  Jeff Engel9/20/18

• Mi Padrino Builds Event-Planning Hub for Latino Communities in U.S.

  Kim Gamez, CEO and co-founder of the Ann Arbor, MI-based startup Mi Padrino, is a self-described “all-American Gringa” who grew up in farm country. She fell in love with Hispanic culture as she got to know her husband Hugo,... Read more »

  Sarah Schmid Stevenson9/20/18

• Amicus Shells Out $100M For Celenex And Dives Into Gene Therapy

  Fresh off finally winning an FDA nod for its first product, Amicus Therapeutics is getting in on the gene therapy renaissance.

  This morning, Cranbury, NJ-based Amicus (NASDAQ: FOLD) agreed to pay $100 million up front to buy a privately held... Read more »

  Ben Fidler9/20/18

• 3 Life Science Startups Join San Diego’s Ad Astra Accelerator

  Three San Diego life science startups have been selected to go through the Ad Astra Ventures accelerator program, a relatively new addition to the San Diego scene.

  Ad Astra, which means “to the stars” in Latin, was founded this year by... Read more »

  Sarah de Crescenzo9/19/18

• Real Estate Startup Bungalo Launches with $225M, Could Land $1B More

  Austin—An Austin real estate investment company has launched a buyer-focused, online residential home search business called Bungalo Technologies.

  Amherst, a business that uses data and analytics to invest billions of dollars into public securities and residential and commercial real estate,... Read more »

  David Holley9/19/18

• Jamf Buys Austin, TX-Based Enterprise Software Firm Orchard & Grove

  Jamf, an enterprise IT company based in Minneapolis but with roots and employees in Eau Claire, WI, said Wednesday that it has acquired Orchard & Grove, an Austin, TX-based software developer.

  Jamf helps businesses set up and manage Apple (NASDAQ: AAPL... Read more »

  Jeff Buchanan9/19/18

• May Mobility Rolling Out Self-Driving Shuttles in Ohio’s Capital

  May Mobility, the Detroit-based startup putting self-driving shuttles on urban streets, today announced it will soon begin operations in a new city: Columbus, OH.

  May has operated autonomous shuttles in downtown Detroit since June, providing transportation to employees of Bedrock,... Read more »

  Sarah Schmid Stevenson9/19/18

• In Boston’s Shadow, Rhode Island Fights for Life Science Jobs, Respect

  [Updated 9/19/18, 3:40 p.m. See below.] Tiny Rhode Island and its capital city Providence have always punched above their weight, for better or for worse.

  Better: Little Rhody’s founder Roger Williams, fleeing religious persecution in 17th-century puritanical Massachusetts, was... Read more »

  Alex Lash9/19/18

• Boston Tech Watch: Akili, Smartsheet, Tamr, Takeoff, Nanoramic & More

  [Updated 9/19/18, 2:08 pm. See below.] It’s time to catch up on some recent Boston-area tech happenings:

  —Takeoff Technologies, a Waltham, MA-based developer of robotic systems for grocery order fulfillment, recently raised $24 million from investors, the company said... Read more »

  Jeff Engel9/19/18

• NIH Using Vaccines from Madison Startup FluGen in New Clinical Trial

  Researchers are testing a flu vaccine developed by FluGen, a Madison, WI-based startup, to determine whether it can protect recipients against strains of the virus that vary from the predominant flu strain predicted by health experts each year.

  Many people get... Read more »

  Jeff Buchanan9/19/18

• Biocom Opens New Bay Area Office, Forms Advisory Group

  San Diego’s Biocom industry group announced Monday the latest development in its steady northward expansion.

  Biocom, which promotes and lobbies on behalf of life science companies, said it has opened a new office in the San Francisco Bay Area and formed... Read more »

  Sarah de Crescenzo9/18/18

• UiPath Snags $225M To Expand Robotic Workforce for Businesses

  Top venture capital firms continue to pour money into software robotics companies that promise to automate monotonous business operations, like processing mortgage applications, that are often performed by humans.

  New York-based UiPath is the latest such company to score a haul,... Read more »

  Bernadette Tansey9/18/18

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• San Antonio’s Filestack Buys SF-based Content Marketing Service Tint

  San Antonio—Software-as-a-service business Filestack is acquiring one of its customers, Tint, which makes software that aggregates social media posts and other online content for large corporations and organizations to use in marketing.

  Tint is based in San Francisco, and has... Read more »

  David Holley9/18/18

• 15 San Diego Companies Chosen for Defense Innovation Program

  A federally funded pilot program will provide 15 local defense contractors with free consulting services and six monthly “boot camp” workshops as part of a regionwide effort to help such companies better prepare to navigate changes in federal defense funding.

  Technology... Read more »

  Sarah de Crescenzo9/18/18

• NorthStar Names Merrick CEO, Appoints Hendricks as Board Chair

  NorthStar Medical Technologies, which is seeking to become the first U.S. company in decades to domestically produce a widely used medical radioisotope, said it has appointed Stephen Merrick as CEO. Merrick joined Beloit, WI-based NorthStar in 2016 as the company’s... Read more »

  Jeff Buchanan9/18/18

• Viking Liver Drug Shows Promise for NASH, Shares Soar on Study Data

  [Updated, 2:45 pm ET, see below] There is another update today in the competitive race to treat nonalcoholic steatohepatitis (NASH), an increasingly common liver disease with no FDA-approved therapies. Viking Therapeutics released preliminary results from a Phase 2 study... Read more »

  Ben Fidler9/18/18

• Indigo Adds $250M as It Expands Reach Into Agricultural Supply Chain

  Indigo Ag started as a company focused on microbial agriculture—finding microorganisms to develop into seed coatings intended to boost crop yields. While microbiology remains a focus, CEO David Perry says the startup is positioning itself to take on additional aspects of... Read more »

  Frank Vinluan9/18/18

• Google Leads Mabl’s $20M Series B as Software Testing Deals Heat Up

  Dan Belcher and Izzy Azeri sold their last startup, Stackdriver, to Google. Now, Google’s venture capital arm has backed the entrepreneurial duo’s latest company, Mabl.

  Boston-based Mabl said Tuesday it has pulled in $20 million in a Series B funding... Read more »

  Jeff Engel9/18/18

• Alamo Angels Aims to Expand Investing Footprint as Dizon Takes Helm

  San Antonio—[Corrected 9/19/18, 8:15 a.m. See below.] Cat Dizon recently met with the founders of a San Antonio startup focused on cancer research, a complicated area of healthcare that is more often than not a highly risky investment... Read more »

  David Holley9/18/18

• Emplify Bags $7.5M to Give Employers Better Staff Engagement Data

  Emplify, the Fishers, IN-based startup focused on software to improve employee engagement, today announced that it has raised a $7.5 million Series A funding round.

  Since it was spun out of Bluebridge in 2016, co-founder and CEO Santiago Jaramillo says... Read more »

  Sarah Schmid Stevenson9/18/18

• German Conglomerate Buys OnCourse Learning in Reported $500M Deal

  Bertelsmann, a large media and publishing conglomerate headquartered in Germany, said Monday that it has acquired OnCourse Learning, a Brookfield, WI-based provider of online professional training programs.

  Bertelsmann said Monday in a news release that the amount it’s acquiring OnCouse for... Read more »

  Jeff Buchanan9/17/18

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• TX Roundup: TMC’s BioBridge to the UK, New Execs at Fannin & TechFW

  Let’s catch up with the latest innovation news in Texas.

  —The Texas Medical Center has announced an expansion of its BioBridge program to the United Kingdom. BioBridge is designed to help TMC and UK-based companies collaborate on a number of medical issues,... Read more »

  Angela Shah9/17/18

• CRISPR, ViaCyte Team Up to Develop Stem Cell-Based Diabetes Therapy

  ViaCyte’s attempts to develop a stem cell therapy for diabetes have been stymied by the immune system, which recognizes the implanted cells as foreign. Meanwhile, CRISPR Therapeutics has found success in gene-editing cells so that the cells avoid such immune responses.... Read more »

  Frank Vinluan9/17/18

• Autism Study Supports Stemina Diagnostic, Test to Ship by Year-End

  Most children aren’t diagnosed with autism until they’re at least 4 years old, and that’s something many experts hope can change. As with many conditions, treating autism earlier in life is believed to boost a child’s cognitive and social skills... Read more »

  Jeff Buchanan9/17/18

• Belinsky Gifts $500K to WSU to Create Lab for Student Entrepreneurs

  In August, Wayne State University held a ribbon-cutting ceremony for its new Mike Ilitch School of Business, a $40 million, state-of-the-art facility in Detroit’s Midtown neighborhood.

  The business school announced another piece of good news this summer when alumnus Russ... Read more »

  Sarah Schmid Stevenson9/17/18

• FDA Clears Mersana to Restart Cancer Drug Trial With New Safeguards

  The FDA has cleared Mersana Therapeutics to resume enrolling patients in a study of an experimental cancer drug now that the Cambridge, MA, company is taking new precautions to protect patients from potential harm.

  The company says the FDA lifted a... Read more »

  Ben Fidler9/17/18

• Zapata Teaming With IBM, Google to Push Quantum Tech Into Next Phase

  Christopher Savoie says he was skeptical when former Harvard researcher Alán Aspuru-Guzik pitched Savoie last year on joining the quantum computing software venture he was planning to form.

  Quantum computing technology is at least a decade away from commercial feasibility, responded... Read more »

  Jeff Engel9/17/18

• Zapata Computing CEO on A.I., Automation & Breakthroughs in Quantum

  Quantum computing is one of the most intriguing—and complex—areas of technology right now.

  For years, it seemed like the field wouldn’t deliver practical applications any time soon. But that thinking has changed, and efforts at big companies, startups, and university research... Read more »

  Jeff Engel9/17/18

• Teva Wins FDA Nod for Migraine Drug, Sets Price in Line with Amgen’s

  A Teva Pharmaceutical migraine-prevention drug has won FDA approval, the second therapy in this new drug class to receive the regulatory nod this year.

  The Friday approval for the Teva (NYSE: TEVA) drug fremanezumab (Ajovy) came a little earlier... Read more »

  Frank Vinluan9/14/18

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