Women-led VC firm Converge launches
Another early-stage fund has entered Boston’s tech scene — but this one’s a bit different. Investing firm Converge is co-founded and led by two women, a rarity at VC firms. Nilanjana Bhowmik has been a general partner at Longworth Venture Partners since 2004, while partner Maia Heymann has been a general partner since 2013 at Converge Venture Partners (CVP), which was previously CommonAngels Ventures. [The Boston Globe]
Techstars Boston hires alum to lead program
Startup accelerator Techstars Boston has hired Clément Cazalot as its new managing director. Cazalot moved from Paris to Boston to take his startup docTrackr through the startup accelerator in 2012. DocTrackr, which made document-security software, was acquired by enterprise software firm Intralinks for $12.5 million in 2014. Prior to this role, Cazalot served as vice president of technology at Techstars Boston. [Xconomy]
Robotics startup Humatics raises $16.5M
Cambridge-based Humatics, a young startup focused on the intersection of robotics and internet-connected devices, raised $16.5 million this week and is seeking up to $6 million more, according to a recent filing with the U.S. Securities and Exchange Commission. The money comes from 55 undisclosed investors, according to the filing. [Boston Business Journal]
NuTonomy partners with a French automaker
nuTonomy, a Boston-based startup making software for self-driving cars, has partnered with Groupe PSA of France, the maker of Peugeot and Citroen automobiles. NuTonomy plans to integrate its software and sensors into the Peugeot 3008, a gasoline-powered crossover SUV. Converted vehicles will be tested on the streets of Singapore, where nuTonomy launched the world’s first taxi service built around self-driving vehicles last year. [The Boston Globe]
RateGravity lands $2M in funding
RateGravity, a Boston startup that provides an automated service that matches homebuyers with low-interest mortgages, raised a financing round to the tune of $2 million, according to BostInno. Investors include Evertrue co-founder and CEO Brent Grinna, Chicago VC firm Listen, C Space Chairman Diane Hessan, GasBuddy CEO Walt Doyle, former PayPal Media exec David Chang and InsightSquared CEO Fred Shilmover. The round will reportedly be used to build out the company’s team and launch marketing efforts. [BostInno]
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