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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. LaunchPad Medical of Lowell received a $2.5

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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The 350,000-square-foot facility will be located in Westborough, Massachusetts, which is 35 miles west of Boston.

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Radius Bank in Boston Launches National SBA Lending Platform

American Banker

Radius Bank in Boston has recruited a team to lead a national push into Small Business Administration lending. Among the new hires is Diane Gallion, a former executive at The Bancorp in Delaware, who will be national director of government-guaranteed lending at Radius.

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Radius Bank in Boston Buys National Equipment Finance Business

American Banker

Radius Bank in Boston has bought a national equipment-finance business from NewStar Financial in Boston.

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

PYMNTS

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. Our goal is to be the first and largest national brand in clothing care and become a household name,” said Prakash.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

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