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52 Boston Startups Net $1.5 Billion+ In May

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Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. BostInno reported that fundraising for new investments by venture capital and private equity firms was less but still evident. Below are the startups that raised capital in May, according to data compiled by BostInno.

Boston 151
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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis

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It starts with an undergrad degree from Boston College and a law degree from Boston University. But a slew of Boston area residents are thankful that she hasn’t. She has capitalized on her experience by changing directions. Then I came back to Boston and I said, ‘You know, I really would like to do a small business.

Boston 252
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Panxora Safeguards ICO Capital For Treasurers

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Reports in Blockchain News this week said Panxora has introduced a treasury management service to help the company and project founders who turn to ICOs to secure the capital they have raised, and mitigate the risk of cryptocurrency volatility. ’ We think this is an important step forward in the maturation of the token industry.”

Capital 108
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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO

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The new funding, according to the announcement, comes from two existing investors: Durable Capital Partners and Fidelity Management & Research. Durable Capital Partners is based in Chevy Chase, Maryland. Fidelity Management & Research is based in Boston.

Maryland 181
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Healthcare Tech Company Truepill Raises $75M To Expand

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Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding.

Company 184
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Instacart Raises $271M On $7.8B Valuation

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hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. Instacart has raised $1.87 billion in total, with a $7.87

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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges.

Tools 141