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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 Cohere Capital Partners, a Boston-based private equity firm focused exclusively on middle-market growth companies, closed its initial fund at $200 million, and Founder Collective raised $85 million for its newest fund, BostInno reported.

Boston 151
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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

The COVID-19 crisis is shaking up the food industry as the pandemic and customers’ fears force more such businesses to get into emerging areas, such as “contactless” food delivery. Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130
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INBOUND 2023: The Age of Intelligence

William Mills

Our marketing team recently attended HubSpot’s annual INBOUND conference in Boston, Mass. with over 11,000 business, marketing, and sales professionals to network and learn from HubSpot leaders and top industry experts.

Boston 94
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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

The dry cleaning industry isn’t working. Everyone needs clean clothes, and those working in the industry have to make a living. Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago.

Boston 110
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In-Store Kiosks A Sign Of QSR Innovation

PYMNTS

There’s a rule of thumb at fast food and quick-serve restaurants (QSR): a seven-second reduction in customer wait time results in an average 1 percent gain in market share. In the latest quarter, the percentage of QSRs using kiosks rose four percentage points, to 41 percent of the industry. There’s still plenty of room for growth.

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Data: Luxury Goods Sales May Drop 35 Pct This Year

PYMNTS

Amid lockdowns and a global economic collapse not seen since the Great Depression, the luxury industry faces a challenge like never before, according to a Bain & Company survey. The coronavirus crisis will force the industry to think more creatively and innovate even faster to meet a host of new consumer demands and channel constraints.”.

Data 151