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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., In a recent interview with PYMNTS, Afridi said the pharmaceutical sector is due for a jolt from technology and a direct-to-consumer focus.

Company 184
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MineralTree Raises $50M, Buys Two Companies

PYMNTS

the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. 406 Ventures, the Boston venture capital fund. 406 Ventures, the Boston venture capital fund. MineralTree Inc., Terms of the deals were not disclosed.

Company 169
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Bitcoin Daily: Companies Give Crypto Ads The Boot, Ford Gets Vehicle-To-Vehicle Crypto Patent

PYMNTS

In hedge fund news, Morgan Creek acquired Full Tilt Capital LLC two months after that firm decided to dedicate a fund to crypto businesses, Bloomberg reported. Ford Global Technologies, LLC was awarded a patent for “vehicle-to-vehicle cooperation to marshal traffic.” August Capital led the round, with other firms also participating.

Bitcoin 116
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Eximchain Secures $20M For Blockchain Platform

PYMNTS

Eximchain , a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution. Reports in BlockTribune on Monday (March 19) said Eximchain raised the investment from China-based cryptocurrency hedge fund FBG Capital.

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Kabbage Lands Credit Suisse Credit Facility

PYMNTS

The top two classes of the transaction scored an A and BBB rating from DBRS, Kabbage said, adding that assets originated using its underwriting technology are used as collateral. Only weeks ago, news surfaced that a small business borrower in Massachusetts that used the Kabbage platform filed a lawsuit against the company and Celtic Bank.

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They Say You Can Build a Tech Startup Anywhere. Not If You Want Venture Capital.

CB Insights

The reality is you can start a technology company anywhere today. But if you want to raise venture capital, it still pays to be in California, NY or Massachusetts. In fact, more VC deals are going into the big 3 … Continued.

Capital 28