Weekly Refresh: Decibel Gained $40M, Orbita Raised $9M, and More

Read our weekly refresh for trending Boston tech news.

Written by Anna Holmquist
Published on Jun. 01, 2020
Weekly Refresh: Decibel Gained $40M, Orbita Raised $9M, and More
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Gingko Bioworks raised $70M. The biotech company just closed on a new funding round led by Illumina and existing investors. It is hoping to speed up COVID-19 testing. [Built In Boston]

Obsidian Therapeutics launched SWFT. The open-source software maps out scheduling data from Excel spreadsheets to help employees coordinate when they’ll be in the office. This will help workers adhere to social distancing as they begin to return to the office. [Built In Boston]

Decibel gained $40M. It offers a digital experience analytics solution. Perwyn led the Series B round. [Businesswire]

DraftKings pivoted to esports and pop culture. The sports betting company reported 30 percent growth in the first quarter despite the pandemic. It’s focused on esports, ping pong and other unconventional sports. [Built In Boston]

Wasabi closed $30M funding round. The startup offers cloud storage solutions. Forestay Capital led the round. [Globe Newswire]

Orbita raised $9M. The company offers AI-powered voice and chatbot solutions for healthcare. Philips Health Technology Ventures and HealthX Ventures led the Series A round. [PRNewswire]

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