Active Venture Capital Scene in New England: February 2021 Recap
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Overview of February 2021 Deals
Welcome to our latest recap of monthly deals! According to Crunchbase Data, February 2021 was a bustling month for New England, highlighting over 50 reported deals. The range of funding stages from Pre-Seed to Series E showcases the robust nature of the New England startup and venture capital ecosystem, reflecting a broader surge in venture capital activity. Let’s delve into the details:
Highlighted Deals
- Cellino Biotech
- Location: Cambridge, MA
- Funding Stage: Seed
- Investment Amount: $16,000,000
- Lumeda
- Location: Rocky Hill, CT
- Funding Stage: Seed
- Investment Amount: $2,750,000
- FOLX Health
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $25,000,000
- Dealer Policy
- Location: Williston, VT
- Funding Stage: Series B
- Investment Amount: $30,000,000
- Reverie Labs
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $25,000,000
- Frontier Nutrition
- Location: New Haven, CT
- Funding Stage: Series B
- Investment Amount: $6,000,000
- Spectrawave
- Location: Waltham, MA
- Funding Stage: Series A
- Investment Amount: $13,200,000
- Verb Data
- Location: Boston, MA
- Funding Stage: Pre-Seed
- Investment Amount: Undisclosed
- Metalenz
- Location: Cambridge, MA
- Funding Stage: Series A
- Investment Amount: $10,000,000
- Inivata
- Location: Cambridge, MA
- Funding Stage: Series C
- Investment Amount: $35,000,000
- DataCebo
- Location: Weston, MA
- Funding Stage: Seed
- Investment Amount: $2,999,997
- Rubik Therapeutics
- Location: Boston, MA
- Funding Stage: Seed
- Investment Amount: Undisclosed
- Thrasio
- Location: Walpole, MA
- Funding Stage: Series D
- Investment Amount: $750,000,000
- Beam Organics
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $5,000,000
- InteRNA Technologies
- Location: New Haven, CT
- Funding Stage: Series B
- Investment Amount: $22,500,000
- Rubix LS
- Location: Lawrence, MA
- Funding Stage: Seed
- Investment Amount: $1,250,000
- Boston Metal
- Location: Woburn, MA
- Funding Stage: Series B
- Investment Amount: $50,000,000
- Aidentified
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $10,000,000
- Premama
- Location: Providence, RI
- Funding Stage: Series A
- Investment Amount: Undisclosed
- Nobl9
- Location: Waltham, MA
- Funding Stage: Series B
- Investment Amount: $21,000,000
- Hyperfine Research
- Location: Guilford, CT
- Funding Stage: Series D
- Investment Amount: $90,000,000
- Rhino Health
- Location: Cambridge, MA
- Funding Stage: Seed
- Investment Amount: $5,000,000
- Cytier Therapeutics
- Location: Cambridge, MA
- Funding Stage: Series C
- Investment Amount: $80,000,000
- Ensoma
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $70,000,000
- Centessa Pharmaceuticals
- Location: Cambridge, MA
- Funding Stage: Series A
- Investment Amount: $250,000,000
- AdmitHub
- Location: Boston, MA
- Funding Stage: Series B
- Investment Amount: $14,000,000
- GPMS
- Location: Burlington, VT
- Funding Stage: Series A
- Investment Amount: Undisclosed
- OutSystems
- Location: Boston, MA
- Funding Stage: Series E
- Investment Amount: $150,000,000
- Locus Robotics
- Location: Wilmington, MA
- Funding Stage: Series E
- Investment Amount: $150,000,000
- Elicio Therapeutics
- Location: Cambridge, MA
- Funding Stage: Series B
- Investment Amount: $73,000,000
- KinoTek
- Location: Portland, ME
- Funding Stage: Pre-Seed
- Investment Amount: $600,000
- FinTron Invest
- Location: Fairfield, CT
- Funding Stage: Seed
- Investment Amount: $750,000
- PaerPay
- Location: Boston, MA
- Funding Stage: Pre-Seed
- Investment Amount: Undisclosed
- SalioGen Therapeutics
- Location: Burlington, MA
- Funding Stage: Series A
- Investment Amount: $20,000,000
- Reprise
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $17,000,000
- Regor Therapeutics
- Location: Boston, MA
- Funding Stage: Series B
- Investment Amount: $90,000,000
- ABclonal
- Location: Woburn, MA
- Funding Stage: Series C
- Investment Amount: $93,000,000
- Project Well
- Location: Stamford, CT
- Funding Stage: Seed
- Investment Amount: $2,000,000
- Kompany39
- Location: Manchester, NH
- Funding Stage: Seed
- Investment Amount: $730,000
- THEON Therapeutics
- Location: Boston, MA
- Funding Stage: Seed
- Investment Amount: $2,850,000
- Malta
- Location: Cambridge, MA
- Funding Stage: Series B
- Investment Amount: $50,000,000
- Xilio Therapeutics
- Location: Waltham, MA
- Funding Stage: Series C
- Investment Amount: $95,000,000
- Orna Therapeutics
- Location: Cambridge, MA
- Funding Stage: Series A
- Investment Amount: $80,000,000
- Highland Instruments
- Location: Braintree, MA
- Funding Stage: Seed
- Investment Amount: $750,000
- Medisafe
- Location: Boston, MA
- Funding Stage: Series C
- Investment Amount: $30,000,000
- Cellarity
- Location: Cambridge, MA
- Funding Stage: Series B
- Investment Amount: $125,000,000
- Clinical Research IO
- Location: Boston, MA
- Funding Stage: Series A
- Investment Amount: $2,000,000
As we wrap up, if you’re passionate about startups and venture capital, especially within the New England region, joining our community, The Buzz, is a must! We connect local startups with investors, mentors, and advisors to foster beneficial relationships and successful outcomes. Subscribe using the link below:
Explore budgeting strategies and debt management tips with our February 2021 Paycheck Budget Recap video.
Check out our Trading Monthly Recap for February 2021, showcasing a significant $440,000 in trades.