Weekly refresh: Lendbuzz and other Boston tech startups raise big

Written by Sophie Kalt
Published on Jul. 22, 2019
Weekly refresh: Lendbuzz and other Boston tech startups raise big
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photo via million studio

Lendbuzz raised $150 million to fund car loan financing. Lendbuzz makes getting a car loan easier by looking at traits other than just credit history, including education, employment and savings. The funds will be used for debt and equity financing. [Built In Boston

The 3D printing industry is ramping up. 3D printing start-up Fortify's ‘Fluxprint’ technology is particularly advantageous in the printing of machine parts. Fortify raised $10 million in a Series A. The company plans to use the money to launch its Discovery Partner Program and add more employees. [Built In Boston]

Markforged, a leading company in 3D printing, announced a new Cambridge office. The company is doubling its software and AI developer teams in the new space. They will be working on their Blacksmith software, which utilizes AI to help 3D printers self-correct. [Built In Boston]

The most recent tech talent report ranked Boston seventh in North America. Boston held 160,070 tech jobs in 2018 and has the highest concentrations of workers in their 20s. [Built In Boston]

DUST Identity raised $10 million to preserve a product’s authenticity. This dazzling dust uses nanodiamonds to uniquely identify products. The funding will go toward hiring in engineering and product development and expanding its customer base. [Built In Boston]

Million Studios scored funding to help professional athletes make money off the field. Million Studios helps athletes create their own brand with their content automation platform. The latest funding will go toward expanding into more leagues and growing their own team. [Built In Boston]

Two blockchain companies, Algorand and Flipside Crypto, are collaborating. Flipside Crypto launched an analytics suite for DApps building on the Algorand platform. It will be free for Algorand developers. [Press Release]

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