🍀 Spring is here (ish) and here are the recent headlines from Boston’s venture backed startup world.. 🍀
Milestones & Acquisitions:
- Suno (Consumer AI) announces they’ve reached 2M+ paid subscribers and $300M ARR. WOW!
- Lovable (GTM HQ based in Boston) surpasses $400M ARR according to their team via Biz Insider. Go go go!
- Merlin goes public via SPAC, raising $200M for autonomous flight. Congrats team!
- Quotient AI (acquired by Databricks) has been acquired by Databricks (undisclosed amt). Congrats team!
- Google signs deal with Form Energy (cleantech) for $1B 100 hour battery
Fundraising:
- Cloaked (cybsecurity/privacy) raises $375M Series B led by General Catalyst
- Axiomatic_AI (vertical AI) raises $18M to build verified AI for science & engineering
- Unreasonable Labs (vertical AI) raises $13.5M and comes out of stealth to scale superintelligence for knowledge discovery
- AgZen (climatetech) raises $10M Series B to revolutionize farming
- Talvy (marketplace) raises $2M from Link Ventures to ditch the resume
Product Launches & Announcements:
- WHOOP (Consumer AI) plans to hire 600+ new roles in 2026, with the large majority based out of Boston. We LOVE it
- Ginkgo Bioworks (life sciences) launches Ginkgo Cloud Lab. Lab as a Service? LaaS!
- Tines (Enterprise AI) opens Boston HQ with plans to add 100 new jobs in the U.S.
- Nebulock (cybersecurity) launches Vespyr: the agentic threat hunting platform
- Datalign Advisory (vertical AI) launches AI Agents for Wealth Management
- Postman is growing their Boston office and hosting an APIs & Developers event on April 1st (Financial District)
- Wix Ventures announces Foundry, a mini accelerator coming to Boston in April for early stage teams
- Surgicure Technologies, Inc. wins their category pitch competition at SXSW
- Boston Israel Innovation Group launches in Somerville, building ties between Boston & Tel Aviv
- TECH WEEK by a16z Boston applications close Friday, April 17th. Get your events in!
- Massachusetts AI Coalition is in full force with a lot more loading. Stay up on the website for more info!
Open Roles:
- Blitzy has 20+ open roles including Engineering, Marketing & Operational Deployment
- HYCU, Inc. is looking for an AE, Sr HRBP and Sr Legal Counsel
- OnRamp is looking for a Product Manager, Customer Success Manager, and Customer Support Specialist