Skip to page content

FundingFest: These Boston Startups Raised Millions Last Week (1/5-1/9)


boston-tech-companies-news-on-tech-startup-funding-jan-5-9
Peter Thiel''s science startup investing unit, FF Science, last week backed Cambridge startup Accion Systems. (Photo by Sarah Fisher for BostInno.)

The first full week of 2015 saw a string of noteworthy fundings for Boston tech companies, including several featuring prominent investors.

Leading the $2 million seed round for MIT satellite propulsion startup Accion Systems was FF Science, the science startup investing unit of Peter Thiel's Founders Fund; FF Science has backed just three startups to date, and two are out of MIT. Meanwhile, new investors for Rethink Robotics in its new $26.6 million round were GE Ventures (the venture capital unit of manufacturing giant General Electric) and Goldman Sachs (frequently the backer of companies headed for an IPO).

Here are the five key deals of the week.

Company Amount Sector Location
Accion Systems $2 million Propulsion systems for satellites Cambridge
CampusTap $500,000 College-only social network Boston
par8o $10.5 million Healthcare IT Newton
Rethink Robotics $26.6 million Manufacturing robots Boston
SiteSpect $13 million Website testing/optimization Boston

In other funding news, we also got word that Boston startup Jana's new round came entirely from existing investors, who include Spark Capital and Publicis Groupe.

In addition, a California-based company with an office in Boston, Seismic, announced $20 million in Series B funding. The software-for-salespeople firm was founded by former executives at EMC Corp., which acquired their previous startup Document Sciences Corp.


Keep Digging

Allium SJ, SM Mill photo edit
Fundings
Ivan Cheung
Fundings
Rahul Kakkar, Tome Biosciences
Fundings
Leah Ellis Yet Ming Chiang photo
Fundings
Nick Harris
Fundings


SpotlightMore

See More
See More
See More
See More

Upcoming Events More

Nov
28
TBJ
Oct
10
TBJ
Oct
29
TBJ

Want to stay ahead of who & what is next? Sent daily, the Beat is your definitive look at Boston’s innovation economy, offering news, analysis & more on the people, companies & ideas driving your city forward. Follow the Beat.

Sign Up