News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
By Rowan Walrath
Boston-area startups, tech companies and related firms pulled in just shy of $1.1B to close out 2020, led by biotech with software coming in close behind.
Biotech startups collectively raised $501.9M in December, about half of all funds raised among Greater Boston firms that month. The largest of those raises was a $150M round in Scorpion Therapeutics, the newly launched precision medicine startup. Software startups, for their part, brought in a grand total of $303.4M.