The Boston tech scene is booming with announcements. Read on to see which companies are gaining new capital, opening new offices and going on hiring sprees. This is the Built In Boston weekly refresh.
Lightpath opened an office in Boston. Lightpath provides connectivity and internet services. Although based in New York, the company’s services became available in Boston last June. Lightpath announced it opened an office at 100 Quannapowitt Parkway in Wakefield and plans to continue hiring Bostonians with nearly 30 positions currently available. [Built In Boston]
Lynx raised $17.5M. Lynx is a Boston-based API-connected platform combining healthcare and finance solutions, such as e-commerce, banking and healthcare payments. Lynx launched last week and raised $17.5 million in equity financing consisting of seed funding and a Series A round. The Series A was co-led by Obvious Ventures and .406 Ventures. [PR Newswire]
OPT Industries got $15M. OPT Industries is an MIT spinout focused on 3D-printed technology. The company has recently focused on its product InstaSwab, a 3D-printed swab used for Covid-19 testing. OPT Industries raised $15 million in a Series A round by Northpond Ventures. The fresh funds will go toward product development, scaling its operations and expanding its team, with plans to hire 12 to 18 people this year. [Built In Boston]
BOSTON TECH QUOTE OF THE WEEK
XRHealth gained $10M. XRHealth is a health company enterting the metaverse by providing therapeutic virtual care rooms. Virtual care treatments include physical therapy, post-Covid rehab, anxiety and depression management and more. XRHealth raised a $10 million bridge round that will go toward expanding its virtual healthcare treatment and hiring. [Built In Boston]
Jobcase acquired Recruitology. Jobcase, a social platform that empowers and advocates for workers acquired recruitment platform Recruitology. Recruitology will become a fully-owned subsidiary of Jobcase. The acquisition will help Jobcase pair candidates with the right job. [PR Newswire]
