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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. LaunchPad Medical of Lowell received a $2.5

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Boston Telemedicine Company Amwell Prices IPO

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Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. The Motley Fool reported privately-held Amwell, a subsidiary of Aligned Telehealth Inc., The proceeds would raise between $490 million and $560 million.

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Bain Capital Nets $800M For Business Impact Funding

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Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The new fund, called Bain Capital Double Impact Fund II, was registered with the SEC on Aug.

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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.”

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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More than two-thirds of marketers are still failing to capitalize on this outreach method, however, spotlighting a massive missed opportunity. Research shows that 98 percent of consumers open and read their text messages, which means that mobile channels can offer merchants a unique opportunity to reach their customers and encourage sales.

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Pilot Raises $60 Million To Help SMBs Modernize Finances

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The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release.

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

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In its seventh administering of this research, dubbed the “Global Startup Ecosystem Report 2017,” Startup Genome was able to uncover the current state of the globalization of startups and their ecosystems. These ecosystems tap into a worldwide circulation of ideas, knowledge, talent and capital. While global growth is only at 2.6

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