🥶 It’s blizzard season so here are the recent headlines from Boston’s venture backed startup world while we’re all stuck inside! 🥶
-We’ve got acquisitions
-We’ve got fundraisings
-We’ve got announcements
-We’ve got content from around The Hub
–Michelle Li (Life Sciences) and Seyvik Singh Magon (Tech) join MGMT Boston to create content this spring around the city! Check them out!
–Cimulate AI (Native AI) acquired by Salesforce. Come on John Andrews, what was the acquisition price?!? 😎
-Google acquires Common Sense Machines (Glasswing portco)
–Beamable acquired by Skillz (undisclosed amt)
–Penny Finance acquired by Array (undisclosed amt)
–TECH WEEK by a16z officially launches with 80+ Founding Hosts
–Massachusetts AI Coalition officially launches at WHOOP with 100+ events and 9 taskforces. More to come!
–Code Metal (Native AI) raises $125M Series B led by Salesforce Ventures at $1.25B 🦄 🦄
–VulcanForms Inc. raises $220M to expand manufacturing capacity
–Tomorrow.io (Climate tech) announces $175M to build AI-native weather satellites
–Phoenix Tailings raises $42M to expand capabilities and accelerate rare earth production platform
–Memcyco (cybersecurity) raises $37M Sereis A to build account takeover prevention agents
–Day AI (Native AI) raises $20M Series A led by Sequoia to build CRMx
–EnFi, Inc (fintech) raises $15M Series A to build AI agents for commercial lending (Lantern episode loading!)
–Grotto AI (proptech) raises $10M Seed led by ICONIQ
–Sense (climate tech) gets a strategic investment from Analog Devices
–Synthpop – Healthcare AI (healthtech) raises $15M to build agentic admin for healthcare
–Modulate (Voice AI) releases their new Ensemble Listening Models, Velma. Spoke with Mike Pappas on The Lantern about it!
–Starburst reaches $100M+ ARR. That’s a real milestone!
–OnRamp announces new COO, Frank Auger and CFO Ross Lerner while opening swanky new Fort Point office. They’re hosting CS leaders on Wed, 3/4. Join us!
–HYCU, Inc. named to CRN’s Cloud 100 List
–Blitzy has 20+ open roles including Engineering, Growth Marketing & Forward Deployed Athletes
–Mecado launches The Mechanical Data Company
–Copley announces The Copley Agent for new customer acquisition
–Suno is looking for Engineers and 15+ roles in Boston!
More startups are hiring, growing, and making a dent in our community. 150 companies are on our startup map too! Tell a friend!
-The Co-Working Chronicles (Episode 1-34) are live. Watch the whole playlist and thanks to Rho and Will Panarello for their support on this series!
–Invest Northern Ireland – Americas has dual market access, top universities, and partners with top companies in Boston like Everquote & Rapid7. Check them out for your international growth ambitions
-Many 🔥 The Lantern 🔥 guests. Mucho content. Check us out!
🫡 More on the MGMT Boston news feed 🫡