This month, the five biggest funding rounds for Boston tech startups raised a total of $595 million. Indigo Ag led the pack with a giant $360 million round. Read on below for the details on all five of August’s biggest tech fundings in Boston.
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#5. $30 million, August 11
Its Care Pathway Management tool helps healthcare professionals make decisions and provide patients with personalized care. Optum Ventures and Endeavor Vision led the Series D round. The company will use the money to expand its footprint and grow its team.
#4. $50 million, August 20
The alcohol delivery startup saw over 350 percent growth this year compared to 2019. Avenir led the Series C round, bringing its total funding raised so far to $120 million. The company is also currently hiring for dozens of roles across multiple teams.
#3. $55 million, August 6
The life sciences startup has developed a drug-free treatment for Type 2 diabetes. With the funds, it’ll start a Food and Drug Administration-approved clinical trial in the United States. Taiwania Capital Management Corporation led the Series E round.
#2. $100 million, August 24
The telehealth company was formerly known as American Well. Google Cloud provided the investment. The company also filed for IPO and will be starting a multi-year partnership with Google Cloud to expand its virtual healthcare services globally.
#1. $360 million, August 3
Indigo Ag netted a giant round for its natural microbiology and tech for environmentally sustainable farming. This additional funding brought its total Series F financing to $535 million. Investors included Alaska Permanent Fund and Flagship Pioneering.
