Weekly Refresh: Boston Startups Rebound Amid Pandemic, Raising $3.7 Billion in Q2

Not even COVID-19 can stifle Boston startups’ fundraising efforts.

Written by Anna Holmquist
Published on Aug. 01, 2020
Weekly Refresh: Boston Startups Rebound Amid Pandemic, Raising $3.7 Billion in Q2
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ClimaCell raised $23M. The startup collects weather data with drones, airplanes and cellular signals to provide up-to-the-minute forecasts. Pitango Growth and Square Peg Capital led the Series C. [Built In Boston]

Boston researchers say tweets can help predict COVID-19 outbreaks. Their algorithm, which draws on data from Twitter and Google, predicts whether a specific place is prone to becoming the next hotspot. Its forecasts also draw on fever readings from smart thermometer apps, clinical search activity, mobility data and more. [Built In Boston]

Boston’s Q2 points to a startup rebound. The city saw record venture capital investment during the period — the most it’s seen since Q3 of 2018. Local companies raised $3.7 billion across 126 deals. [TechCrunch]

Mimecast acquired MessageControl. The email and data security company announced the acquisition of MessageControl, a messaging security provider designed to prevent social engineering and human identity attacks via machine learning. [Press Release]

SmartSense by Digi appointed a new CTO. Steve Habermas joined the team at the company, which specializes in IoT connectivity products and services. Habermas most recently served as vice president of engineering at LenelS2, a corporate security and video systems provider. [PRNewswire]

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