Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

money

The financial year has just begun, and Beantown startups are already raising multi-million- dollar rounds.

Chief among these were Toast’s $400 million Series F round, DigitalOcean’s $300 million debt financing, Iora Health’s $126 million Series F and Flywire’s $120 million Series E. Local HR startup Globalization Partners also closed on a $150 million minority equity investment

Local VC firms also raised significant capital: Boston- and San Francisco-based tech-focused investment firm Battery Ventures closed two new funds worth a combined $2 billion to continue backing innovative technology companies worldwide in a variety of sectors.