The Boston tech scene is growing rapidly as several companies are making big moves. Read more to learn who’s going public and which startups are freshly funded. This is the Built In Boston weekly refresh.
Liteboxer pulled in $20M. Another innovation made its way onto the home fitness scene by way of a gamified punching device. Liteboxer provides a machine that allows users to stream training videos, listen to music and track their progress. The startup closed on its Series A raise led by Nimble Ventures to further its tech and hire new talent across its marketing and software teams. [Built In Boston]
Aura secured $150M. Based in Burlington, Aura works in the digital security space, protecting companies and their devices against concerns like identity theft, financial fraud and more. It reached unicorn valuation following its Series E raise from Warburg Pincus. Aura also welcomed Jeffrey Katzenberg of Disney, DreamWorks and Quibi fame onto its board of directors. [Boston Business Journal]
Boston Tech Quote of the Week
Boston travel companies are preparing for the industry’s post-COVID revival. Viageur, Hopper and Beeyonder are just a few among the names of companies working to provide to-be travelers with updated information on destinations around the world. From affordable transportation to booking accommodations and more, several Boston-based tech companies are working to empower tourism in a post-pandemic world as the travel industry finally seems to be making its way down the road to recovery. [Built In Boston]
Valo Health to go public via SPAC. By conjoining with Khosla Ventures Acquisition, the company is planning to make its public debut with a $2.8 billion valuation. Powered by AI and machine learning, the Valo Health platform works to enhance the discovery and development of clinical drugs. With the proceeds from the merger, Valo plans to further its platform and therapeutic and data strategy programs. It’s also growing its Boston-based team. [Built In Boston]
AllHere raised $8M. Offering an AI-powered chatbot for students in grades K-12, the startup is working to improve their attendance and grades. With the capital from its Series A round led by Spero Ventures, AllHere is investing in expanding the knowledge base of its platform. It also hopes to address other areas like student retention, enrollment and post-secondary advice. [Built In Boston]
