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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

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. LaunchPad Medical of Lowell received a $2.5

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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

PYMNTS

Whether it’s San Francisco, New York City, London or Hong Kong, each of these areas have become well-known for developing and implementing innovative ideas. This report purports that technology is the game changer when it comes to bridging the gap between the startup-heavy places, like Silicon Valley and Boston, and the rest of the world.

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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

PYMNTS

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. percent year over year,” PYMNTS reported.

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. Get the 47-page google in healthcare report. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. McKesson and the Mayo Clinic — Center for Innovation (CFI). Founded: 2008.

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In Cryptoland, Jobs Disappear As Speculators Flee

PYMNTS

The Wall Street Journal reports that cryptocurrency firms are laying off employees, a survival tactic in a world where crypto prices have crashed in some instances by more than 85 percent. The number of employers listing blockchain-related jobs is still rising, but at a much lower rate,” said the report. The anecdotes abound.

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Niche B2B Startups Surprise With High-Value Funding

PYMNTS

Word on the street is that B2B startups may be landing on the same path as B2C startups when it comes to the venture capital wells drying up. It could explain India’s rare absence from our B2B Venture Capital Roundup this week. million in seed funding, reports by TechCrunch said on Wednesday (Sept. eProcurement.

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Corporate Banks Need Radical Tech Shift, Say Analysts

PYMNTS

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. Baumgärtner also coauthored the report. ” Positive Developments, New Opportunities.

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