In year one, Phillip Ashley Rix and his company, Phillip Ashley Chocolates, claimed victory. In year two, Lia Winter and her medical device business, Winter Innovations, took the top honor. Now year three is upon us, and the question remains — which local startup will follow in their footsteps, and be deemed “The Next Big Thing?” Called The Next Big Thing, it provides local startups and scale-ups the chance to compete for $10,000, as they make elevator pitches made […]
A former 43North winner has closed on a significant funding round to fuel its expansion in Buffalo. CleanFiber, which makes high-performance building insulation, came to Buffalo in 2017 after winning a 43North award. Read more >>
By next year, many large companies will likely add that perk for their workers, after they’ve had time to amend their IRS Section 127 Educational Assistance Programs, said Laurel Taylor, CEO of FutureFuel.io, a company that works with employers and individuals on student loan debt. More than 70% of employers provide tuition reimbursement assistance to workers, making that a more common benefit than a 401(k) match, Taylor said. Read more >>
By Ziad H. MoukheiberPresident Boston Harbor Angels
Listening and reading about Theranos, I ask myself would Boston Harbor Angels have invested in the company?
The simple answer is no!
It is easy to say that in retrospect, however, there are some simple and fundamental reason why the group would have most likely passed on the deal.
The group invests in many companies that don’t make it or struggle but the culture of BHA leads me to say that Theranos would have not been funded by Boston Harbor Angels and this is why:
Astrocyte Pharmaceuticals Inc., a drug discovery and development company advancing novel neuroprotective therapeutics for the treatment of neurodegenerative brain injuries, announced today the granting of a $3.0M award from the Medical Technology Enterprise Consortium (MTEC). Read more >>
David Zamarin, 23, founder of DetraPel. David Zamarin became an entrepreneur at just 15, launching a company after discovering what he found to be a lack of safe cleaning products for spills and stains. Zamarin ran a shoe-cleaning business that used a cleaning product that contained dangerous fluorochemicals. Read more >>
As a former college tennis player, Kim Dooley suffered elbow injuries throughout her career, including a severed tendon that ended her competitive career. Some 20 years later, hoping to return to the sport, Dooley turned to ZetrOZ Systems’ FDA-cleared sustained acoustic medicine (sam®) device. Read more >>
AbCellera Acquires TetraGenetics, Enhancing Capabilities to Generate Antibodies Against High-Value TargetsZiad
AbCellera, a technology company with a centralized operating system for next-generation antibody discovery, today announced it has acquired TetraGenetics, Inc. (TetraGenetics), a biotechnology company with a proprietary platform for generating recombinant human ion channels and other transmembrane proteins, in an all-cash transaction that includes an upfront payment, the potential for payments based on the achievement of technical milestones, and additional development and commercial milestone payments related to successfully developed therapeutics. Read more >>
Canvas GFX, Inc, the leading provider of visual communication solutions to the manufacturing and technical industries today announced that it has partnered with Aras, provider of a digital transformation platform to enable the resilient enterprise to deliver an integration between Canvas Envision and the Aras innovator platform. The integration enables end users to access data stored on Aras Innovator directly from the Envision Creator desktop graphics application, allowing frictionless creation of product documentation containing rich visualizations of 3D models. […]