Boston Startup Community News & Content

Newlab and The Boston Globe team up to launch AI tools startup Applied XLabs

Applied XLabs is a new startup building tools that can automate data-gathering for journalists — and eventually, for knowledge workers in other industries. The company is emerging from Brooklyn-based Newlab, with The Boston Globe as its launch partner. It will be led by Francesco Marconi (pictured above), who was previously R&D chief at The Wall

Feb 27, TechCrunch

$4.9 Billion Boston Startup Growing At 109% Could Make Toast Of PayPal And Square

Online payments for small and medium-sized enterprises (SMEs) is a huge market. You can bet on its potential by investing in shares of PayPal or Square. But one of Boston’s most valuable startups — seven year old Toast, a supplier of payment processing hardware and cloud-based software for restaurants — could be a more exciting

Feb 27, Forbes

LinkSquares raises $14.5 million to expedite contract management with AI

It takes 20 to 30 days for a company to create, negotiate, and finalize a contract, according to Aberdeen Research. And it isn’t cheap — the amount businesses spend on a standard procurement contract increased 38% between 2011 and 2017 to an average of $6,900. This situation spurred Chris Combs and Vishal Sunak, a former

Feb 26, VentureBeat

Want to Start a ‘Sustainable’ Side Hustle? This Startup Will Set it Up For You

The next time you’re on the lookout for a side gig, you could consider selling solar power to your neighbors. “We want to make it easier to set up a community solar project than to open a McDonald’s franchise,” Franz Hochstasser, co-founder and CEO of Raise Green said as a way to explain his startup’s

Feb 25, BostInno

Building synthetic muscle for robots

Ras Labs is a small Boston-based startup that uses a unique material that can expand and contract like muscle when voltage is applied.

Feb 25, TechCrunch

Boston’s M33 Growth Raises $260M For Its Second Fund Focused On Scaling Previously Bootstrapped Businesses

Boston-based venture capital firm M33 Growth announced Friday that it has raised $260 million for its second flagship venture fund. The firm’s debut fund closed out at $180 million in October 2017. M33 Growth is led by co-founding managing directors Brian Shortsleeve, Gabe Ling, and Mike Anello. Prior to M33 Growth, Shortsleeve was a managing

Feb 24, Crunchbase News

The Engine at MIT is revving up the potential of ‘tough tech’

If you happen to bump into Bill Gates or Tim Cook in Central Square, odds are good that they’re heading to the Engine. It’s a hub for startups operated by MIT, just across the street from the Middle East restaurant and club. MIT announced the venture in 2016, as a way to supply funding and

Feb 24, The Boston Globe

Meet SYRG CEO Rahkeem Morris

Rahkeem Morris is the cofounder and CEO of SYRG, a service for employers to hire former workers for shifts and projects on-demand. Morris’ long-term vision for SYRG is to empower a flexible, liquid, universal workforce of hourly workers where any person can work for any place at any time. Morris took an unusual journey into

Feb 23, Boston Speaks Up

Nation’s largest insurer invests in Waltham healthcare AI startup

A venture capital firm tied to the largest health insurer in the U.S., UnitedHealth Group, has invested in a local startup working to avoid unnecessary drug costs.

Feb 20, Boston Business Journal

MassMEDIC Expands Virtual Accelerator for MedTech Startups

The Massachusetts Medical Device Industry Council (MassMEDIC) announced today that the MedTech IGNITE program is now accepting applications from startup founders and CEOs to participate in the 2020 IGNITE Cohort. The MedTech IGNITE Program is a virtual accelerator offering an experiential training, mentorship and networking curriculum, to attract and nurture the next generation of Boston-area medtech founders

Feb 19, PR Web