Weekly Refresh: Fractyl Raised $55M, Wayfair’s Profitable Q2, and More

Read our weekly refresh for trending Boston tech news.

Written by Anna Holmquist
Published on Aug. 10, 2020
Weekly Refresh: Fractyl Raised $55M, Wayfair’s Profitable Q2, and More
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Indigo Ag raised $360M. The startup combines natural microbiology with tech to make the farming industry more environmentally sustainable. This additional funding brought the total of its Series F raise to $535 million. [Built In Boston]

Breezeway gained $8M. The property management startup offers a suite of tools that manages everything from reservations to supply tracking. Schooner Capital led the Series A round. [Built In Boston]

GentiBio made $20M. The company engineers regulatory T cells, which can be used to treat allergic reactions and autoimmune, alloimmune and autoinflammatory diseases. OrbiMed, Novartis Venture Fund and RA Capital Management led the funding round. [Built In Boston]

Wayfair saw first profitable quarter. This is the first time the furniture retailer has been profitable since going public in 2014. The company is hiring for several roles to keep up with demand. [Built In Boston]

Fractyl raised $55M. The life sciences startup created a drug-free treatment for Type 2 diabetes. Taiwania Capital Management Corporation led the funding round. [Built In Boston]

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