Just a month ago, much of the startup world was still fixated on unicorns: fast-growing companies that were shaking up established industries, worth $1 billion or more according to their investors, and on a trajectory to become the next Uber or Facebook. Most were losing money, but no one cared. Now, of course, the world
Boston Startup Community News & Content
Aldatu Biosciences in Watertown usually makes diagnostic test kits for infectious diseases like drug-resistant HIV and Lassa Fever, which is endemic in central and western Africa. But in early March, the startup shifted gears when COVID-19 cases started spreading quickly throughout Massachusetts, but the state lacked enough tests, said David Raiser, Aldatu’s CEO and co-founder.
Boston startups focused on speeding up or improving the hiring process for hourly workers are seeing a surge in usage as hundreds of cooks, restaurant servers and bartenders lost their jobs following the COVID-19 pandemic.
DataRobot, the Boston-based enterprise AI company, has significantly reduced its workforce amid economic uncertainty due to the spread of COVID-19, the respiratory illness caused by the novel coronavirus. The company confirmed the layoffs but declined to answer questions about how many employees were laid off and in what departments, saying instead that the layoffs had
Blockchain analytics startup CoinMetrics has raised a $6 million Series A funding round led by returning investor Highland Capital Partners. The Series A also drew Fidelity, Coinbase, Digital Currency Group, Dragonfly Capital, and others as participants. The firm closed the round before mid-March, when global equity markets plunged significantly due to the coronavirus. [..] The
Potentially millions of students, from kindergarteners to college seniors, have transitioned entirely to online learning within the last two weeks. In Massachusetts alone, more than 20 higher ed institutions have decided to send their students home and finish the semester through online classes to help mitigate the spread of COVID-19, the respiratory illness caused by the novel
As COVID-19 testing capabilities have largely been limited to those showing symptoms such as fever or shortness of breath, many are discovering an alternate path to get input about whether they might be infected: fitness trackers. Will Ahmed, CEO of Boston-based fitness tracker maker Whoop, said that the company has already heard directly from “hundreds” of
Tech startup Eversound launches new video service to help seniors living in social isolation during Covid-19
With coronavirus pandemic spreading around the world, the U.S. government is asking all citizens to practice socila distancing forcing some people to stay in total isolation. Most impacted are the seniors who live in community homes. One startup is doing its fair share to help senior living communities across the US that are facing challenges related
About two weeks ago, Formlabs, the Somerville-based 3D printing startup, started getting flooded with requests. Hospital systems across the world were beginning to see dire shortages of personal protective equipment—masks, surgical gowns, eye gear and more—along with ventilators, which are needed to sustain life in the most critical cases of COVID-19, the respiratory illness caused by the novel
Lola.com, a Boston startup focused on business travel, confirmed Friday that it had laid off nearly a third of its staff amid a massive reduction in global travel brought on by the coronavirus pandemic. The company said it had eliminated 34 jobs, leaving it with 82 full-time employees. “We made the very hard decision to