Boston is home to a buzzing startup ecosystem across many sectors—cleantech, biotech, and robotics. We strongly believe that our regional community thrives because of all the stakeholders that are committed to supporting local, early-stage companies.
Advanced Manufacturing & Robotics
Boston has access to world-class talent from institutions like MIT, and Harvard and it employs more than more than 4,700 people in robotics. The city is also bringing more access to technology in classrooms in the form of maker-spaces and 3D-printing facilities. Desktop Metal, one of the leading unicorns and a developer of metal 3D printers, raised $160 million in a Series E round in 2019. Other major funding rounds in 2019 include Veo Robotics’ $15 million Series A round and Humatics’ $28 million Series A round.
Boston has more than 1,100 Life Sciences companies, seven teaching hospitals, and five of the top six NIH-funded independent hospitals in the U.S. MLSC runs a $1 billion Life Sciences Initiative, which provides research grants, accelerator loans, tax incentives, etc. In 2018, Moderna launched the largest Biotech IPO in the world with a valuation of $7.5 billion. In 2019, Dewpoint Therapeutics raised $60 million in the largest-ever Series A round in Boston.
Why you should invest in Boston
Reasons to move your startup to Boston
Top startup programs
Are you interested in diving deeper into this ecosystem? Drop us a message. Our Ambassadors and Partners can plug you in.