Massachusetts

Stanford University Tops List of Most Venture Capital-Backed Startups

Startup funding

STANFORD, CA (September 27, 2018) - Stanford University topped the list of universities with the most venture capital-backed startups in 2018, according to a new report by PitchBook. The University of California - Berkeley, Massachusetts Institute of Technology and Harvard University followed in this category.

Stanford’s 1.178 entrepreneurs raised $28.8 billion in funding over the last ten years.

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GFA Federal Credit Union First to Fund Legalized Marijuana Industry in Massachusetts

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GARDNER, MA (September 17, 2018) - GFA Federal Credit Union will become the first credit union to bank for the newly legalized marijuana industry in Massachusetts.

“When the Commonwealth legalized medicinal and recreational cannabis, we knew the multi-millions generated by this fast-growing industry would soon become a safety issue, if unbanked,” CEO Tina Sbrega said. “Our board of directors recognizes the need to provide banking services for the safety of our citizens in reducing the cash on the streets, and I applaud them for their vision and commitment to providing public safety.”

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