Category: manufacturing
Cell and gene therapy startup ElevateBio raises $170 million
While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant money committed. Cambridge-based ElevateBio, for instance, revealed a $170 million Series B funding on Monday, with participation from new investors The Invus…
Read More
How one company is fast-tracking development of potential plasma-based treatments for the coronavirus
Medical biotech company Emergent BioSolutions is one of the many health industry players turning its efforts towards addressing the current global coronavirus pandemic. Their work includes a two-pronged effort to pursue plasma-based treatments that could help lessen the impact of COVID-19 on health care systems, with a fast-tracked development timeline…
Read More
YC grad SINAI helps companies understand their emissions in a bid to fight climate change
The first step to combating climate change for businesses is for them to understand their contributions to it. That’s where the new Y Combinator graduate, SINAI Technologies, comes in. Founded by Maria Fujihara, a 16-year veteran of the sustainability industry whose previous work had been around the technical adaptation of…
Read More
America’s largest companies are not covered under congressional coronavirus aid package
America’s largest companies are not covered under a bill passed by the House of Representatives on Friday that is supposed to support American workers impacted by the spread of the novel coronavirus. The bill still has to be voted on by the Senate and approved before it can be signed…
Read More
Gates, Wellcome and Mastercard launch $125 million fund to finance COVID-19 treatments
The Bill & Melinda Gates Foundation, Wellcome, and Mastercard announced a new initiative yesterday to accelerate technologies designed to identify, assess, develop, and scale treatments to the COVID-19 epidemic. The COVID-19 Therapeutics Accelerator will evaluate new and repurposed drugs and biologics to treat patients with COVID-19 in the immediate term,…
Read More
The first SpaceX Dragon capsule is taking its final flight
The launch marks the Dragon’s last mission as the capsule makes way for SpaceX’s updated and improved Dragon 2 capsule, which will begin making resupply runs to the space station in October. Alongside cargo to resupply the ISS, the Dragon will be bringing along payloads for experimental research aboard the…
Read More