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Surprising geographic spread among Boston’s unicorns

  • ​A “unicorn” is a venture-backed startup company valued at $1 billion or higher.  Greater Boston is home to eight unicorns, all of which are either tech or life science companies. Of the eight, four are based in Boston proper: DraftKings, Indigo Agriculture, Intarcia, and Ginkgo Bioworks. The remaining four are located in Cambridge, Burlington, and Waltham.

  • Of the four life sciences unicorns, only one, Moderna Therapeutics, is located in Cambridge’s nationally-renowned life sciences cluster.

  • The placement of Greater Boston’s life sciences and high tech unicorns signifies the broad reach of these industries within Greater Boston. ​​

Source: JLL Research

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