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, […]
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 […]
By Eli Chavez A Billerica-based battery manufacturer is one of two Massachusetts companies to be selected for the Amazon Web Services Clean Energy Accelerator 4.0. Out of 800 applicants from 75 countries, PolyJoule was selected as one of the 21 companies to join the Amazon accelerator. The accelerator provides startups with access to its generative AI as well […]
By Eli Chavez A Boston-based company is looking to the past to make batteries of the future. Pure Lithium, a battery manufacturing startup, is reimagining lithium battery manufacturing using a method for lithium metal batteries invented by Nobel Prize winner Stanley Whittingham in 1977. Pure Lithium was founded by Emilie Bodoin in 2021, who said in […]
By Mary C. Serreze The mid-July failure of a 350-foot offshore wind blade off the coast of Massachusetts was caused by a “manufacturing deviation” at a factory in Canada, according to Scott Strazik, CEO of GE Vernova (NYSE: GEV), maker of the defective component. “We have no indications of an engineering design flaw — that’s important […]
By Hannah Green Moderna Inc. officially opened the doors to its new global headquarters on Wednesday, fulfilling its plan to bring its research and development operations under one roof. The Cambridge drugmaker has moved into a six-floor, 462,000-square-foot office and lab building at 325 Binney St. Moderna (Nasdaq: MRNA) first shared its intention to move into a new Cambridge […]
By Isabel Hart Mass General Brigham, Harvard University and the Massachusetts Institute of Technology all celebrated a joint milestone yesterday: Their collaborative research operation, the Ragon Institute, opened its new headquarters in Cambridge. The new location at 600 Main St. in Kendall Square is less than a quarter-mile from the institute’s previous address at 400 Technology Square. The new site […]
By Jane Lanhee Lee Riverlane, a startup that makes semiconductors to help reduce quantum computing errors, raised $75 million in its latest round of funding. The round was led by Europe’s Planet First Partners, which focuses on climate tech investments. Venture capital firm ETF Partners and Singapore’s EDBI also joined. It marked the latest in a […]
By Isabelle Lee Good morning. Powell signals a delay to rate cuts. China tries to settle nerves about its new stock exchange rules. And the US considers more sanctions against Iran. Here’s what’s moving markets. — Isabelle Lee Staying high Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely take longer for the central […]
By Jessica Flint Gabrielle Sloan, 30, and her husband, Brandon Sloan, 30, never thought they’d live on a golf course. Gabrielle doesn’t even play golf—yet, at least. But in January 2020, the Sloans spent $660,000 to buy a three-bedroom, roughly 1,960-square-foot ranch house on approximately 0.25 acres that backs up to the course at Tequesta Country […]
