By Hannah Green – Inno Reporter December 07, 2022, 09:54am EST Updated 12/07/2022 2:07 pm For self-described “space nerds” like Mari Anne Snow and Yupeng Chen, being approached by NASA to fund an in-space manufacturing project of their company’s technology was a thrilling moment. “You can imagine, every day we pinch ourselves and go, is this really happening?” Snow said. […]
After about a decade in the role, Emily Reichert has left her role at the helm of one of the largest climate-tech startup incubators in North America. Reichert confirmed on Thursday she stepped down as CEO of Somerville-based Greentown Labs. Her last day was Dec. 5. Greentown Labs published the news on its website Monday, but […]
When the U.S. Food and Drug Administration approved the first gene therapy for hemophilia B on Tuesday, it was a win not only for CSL Behring, which owns the rights to the drug, but for Lexington’s UniQure NV. UniQure (Nasdaq: QURE) originally developed the drug, now called Hemgenix, and licensed it to CSL back in 2021. […]
While there is no single answer, one strategy to reduce the racial wealth gap is to motivate more Black people to found technology companies in targeted market sectors. Jeff Bussgang, a partner at Flybridge Capital Partners and professor at Harvard Business School, stresses the importance of innovation waves — emerging industries that tend to attract […]
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. On a summer day last year, a group of real estate tech executives gathered at a conference hall in Nashville to boast about one of their company’s signature products: software that uses a mysterious algorithm […]
Inflation and fast-rising interest rates are taking their toll on commercial real estate transactions in Greater Boston. Real estate investors bought $4.6 billion in commercial properties in the Boston metro area in the third quarter, a 27% decline from the same three-month period in 2021, according to new data from MSCI Real Assets. It’s only […]
MetLife Investment Management has completed its $103 million purchase of Burlington BioCenter, a 109,085-square-foot life science research and pharmaceutical manufacturing facility in Burlington, Mass. Public records show MetLife financed the acquisition with a $54.4 million loan from Northwestern Mutual. Newmark represented the seller, a joint venture between The Gutierrez Company and GEM Realty Capital, and procured the buyer. The partnership had […]
Demand from life sciences tenants in search of lab space in New York City remained robust in the third quarter as premium product became available, CBRE reported. During Q3, demand for space reached 2.1 million square feet, while new lab space under construction or redevelopment totaled 866,013 square feet. Three of the four projects underway are […]
A clear number for how many people Twitter is laying off in Boston is finally emerging, after a week of speculation following Elon Musk‘s $44 billion takeover of the company, thanks to an official state document obtained by the Business Journal. The social media giant told state officials on Friday that it will be conducting a […]
Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter Inc., Lyft Inc. and other large tech employers. Kathy Zhu said she is lining up candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. They include […]
