Funding

144 stories
Innovating Pharma Delivery
PillPack raises $8.75 million; pre-sorted pill packets gain momentum
(image via PillPack)
PillPack, the Somerville-based medication management company, announced this morning that it has raised $8.75 million in a round of funding led by Accel Partners. The round was joined by Atlas Venture as well as High Line Venture Partners, QueensBridge Venture Partners, and individual investors Andy Palmer and David Tisch. Read More
Delicious deal
Phoodeez catering raises $600k, led by Project 11
Phoodeez caters large-scale corporate functions and small-scale luncheons by supplying food from multiple local restaurants. Workers at Litmus, an e-mail analytics firm in Boston, enjoyed a Phoodeez lunch in July.
Katie Rae was at an MIT conference when a familiar thought crept into her head: “How quickly can I duck out of this boxed lunch and go get real food?” “But I peeked into the box and said, ‘Wow, this actually looks good,’ ” she recalled. “That was my introduction to Phoodeez.” Now Rae’s venture capital firm, Project 11, is leading a $600,000 investment round in Phoodeez, a Boston startup that caters corporate functions by supplying food from multiple local restaurants that specialize in different types of cuisine. Read More
Upward momentum
Superpedestrian gets $4 million for Copenhagen Wheel, which turns bikes into hybrids
superpedestrian

MIT spinout Superpedestrian has added $4 million, including investments from actor Jared Leto and General Catalyst Partners, to produce its wheel that converts bicycles into electric-hybrids for easier hill-climbing and long-distance rides.

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