Abg Realty

Somerville electric car charging company raises $13 million

Somerville electric car charging company raises $13 million

By Eli Chavez Somerville-based SparkCharge Inc. has received $13 million in equity and other securities from 20 investors, according to a regulatory filing. The mobile electric car charging company is targeting an equity offering with a total value of $19 million, according to the filing this summer with the U.S. Securities and Exchange Commission. According to the filing, […]

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Massachusetts landlords face lawsuits over pricing algorithm

Massachusetts landlords face lawsuits over pricing algorithm

By Jim Morrison The US Justice Department and attorneys general in eight states are suing a popular AI-enabled property management software system over alleged anti-trust violations. The Justice Department — and the states of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington — accuse RealPage Inc. of violating the Sherman Act and harming “millions […]

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Saint-Gobain and Greentown Labs Renew Joint Commitment to Drive Climatetech Growth and Innovation

Saint-Gobain and Greentown Labs Renew Joint Commitment to Drive Climatetech Growth and Innovation

 Saint-Gobain, the worldwide leader in light and sustainable construction, and Greentown Labs, the largest climatetech incubator in North America, today announced the extension of their Terawatt Partnership through 2026. Through this partnership, Saint-Gobain remains committed to supporting sustainability-minded startup growth through multiple forms of collaboration and engagement. For example, Saint-Gobain will continue to provide expertise to help […]

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How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

By Larry Edelman To paraphrase a popular business maxim — most frequently attributed to management guru Peter Drucker — you can’t improve what you don’t measure. To that end, a leading business group on Monday unveiled the Massachusetts Competitive Index, a new gauge of the state’s economic strengths and weaknesses designed to show how we compare against […]

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Cambridge biotech behind first pig-to-human kidney transplant gets $191M

Cambridge biotech behind first pig-to-human kidney transplant gets $191M

By Hannah Green The Cambridge company behind the technology that enabled the first-ever pig-to-human kidney transplant earlier this year has raised a mega-round of funding.  The biotech eGenesis said on Wednesday that it has closed a $191 million Series D financing led by Lux Capital. Existing investors including Arch Ventures and Leaps by Bayer, as well new investors, also […]

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Target plaza in Cambridge’s Porter Square sells for $20M

Target plaza in Cambridge’s Porter Square sells for $20M

By Greg Ryan CBRE Group Inc.’s investment arm has sold a shopping plaza in Cambridge’s Porter Square to two local firms for $20.1 million. Crosspoint Associates and Long Wharf Capital now own Porter Square Galleria, a 55,610-square-foot property anchored by a Target Corp. store. The plaza is 96% leased, with Retro Fitness, Citizens Bank and Anna’s Taqueria among its other […]

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