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Keller: Why has investment dried up for tech companies in Massachusetts?

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Keller: Why has investment dried up for tech companies in Massachusetts?


The opinions expressed below are Jon Keller’s, not those of WBZ, CBS News or Paramount Global.

These are tough times for venture capital, the funding source relied on by many tech startup companies. And one of the biggest slumps has hit one of the best startup states of past years – Massachusetts.

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The state’s promotional videos tout Massachusetts as “a leader in energy efficiency, science and technology, and our economy is the most innovative in the nation.” All that used to make us one of the top draws for venture capital investment in new companies.

But not anymore.

Why is venture capital shrinking in Massachusetts?

Recent research by the National Venture Capital Association analyzed by the Boston Globe tells the story of VC funding shriveling for local startups even as it blossoms in other states like California.

What’s driving it away from here, we asked Peter Cohan of Babson College, an author and startup investor himself? “The success of the companies out there,” he said, the bulk of the venture capital investments these days are going to AI startups out west in part because while the big-idea creators might go to college here, they too often don’t want to stay here. “Talented people want to be where all the other talented people are, that’s the fundamental issue.”

And the bets government and local investors have made on biotech and clean energy technology haven’t always paid off that well. “In Boston, I think investors really like high-tech solutions to difficult societal problems,” said Cohan. “Sometimes those solutions also find a market, and sometimes they really don’t.”

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Federal cuts in local research funding are bad news for local startups, a problem that can’t be papered over with cultural spin. While those promotional videos promote arts, culture and cool coffeehouses, that doesn’t speak to the core issue, says Cohan: “It’s nonsense. That’s sleeping, they’re just dozing away, they’ve got their head in the sand.”

How does Massachusetts recover?

Meanwhile, states like Pennsylvania, Washington and California are raking in venture capital funding. What do we need to do to get back in the game?

As Cohan suggests, an end to the war between the White House and higher ed would help. Quantum computing and nuclear fusion are two promising areas where local researchers have a strong presence.

But in the long run it may come down to those researchers coming up with a great idea and deciding to stay here to develop and market it.

Maybe we need a new slogan to get through to them – don’t be a Zuckerberg.

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Massachusetts

Massachusetts town near Gillette Stadium presses for World Cup security funding

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Massachusetts town near Gillette Stadium presses for World Cup security funding


Up the road from Gillette Stadium, a town neighboring Foxboro is pressing for funding to meet public safety demands arising from the World Cup, with the first match just over a month away.

Walpole’s state delegation has written a letter to the state Office of Travel and Tourism requesting approval of the town’s request for nearly $200,000 to support “essential public safety personnel,” as officials expect “significant spillover impacts” from the premier soccer tournament.

As the Walpole/Foxboro town line on Route 1 is a handful of miles north of Gillette Stadium, officials are expecting increased traffic congestion and pedestrian activity to amount to “heightened public safety demands.”

“As outlined in the Town’s proposal,” the state delegation wrote in the letter it sent to the state last week, “Walpole will play a critical role in ensuring safe and efficient operations for both residents and visitors.”

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“This funding will help close a critical gap and ensure that Walpole can safely support this internationally significant event,” the delegation added.

The state Office of Travel and Tourism confirmed to the Herald that it received the letter from state Reps. John H. Rogers, Paul McMurtry, Ted Philips and Marcus Vaughn and Sen. Mike Rush. The office said it will announce decisions in the coming weeks about round two of the $2 million grant program that supports municipal public safety needs tied to the World Cup.

The first round of the program, a $10 million competitive initiative, awarded funding earlier this year to 17 communities to support tournament-related events, including fan festivals, watch parties and regional activations.

This comes after the Foxboro Select Board battled the Boston Soccer 2026 nonprofit host committee and Kraft Sports & Entertainment, which operates Gillette Stadium, for months to ensure it received full funding to cover all security personnel and equipment.

In mid-March, the David vs. Goliath fight concluded, with Boston Soccer 2026 and the Krafts agreeing to cover Foxboro’s $7.8 million request.

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Gillette, which will be rebranded as “Boston Stadium,” is set to host seven matches – five in the group stage and two knockout games – between June 13 and July 9. The World Cup is considered a SEAR 1 event, the highest risk level for public gatherings in the country.

“These matches will bring an excitement that this town has never seen,” Foxboro Police Chief Michael Grace said before the Select Board voted to grant an entertainment license for the matches to go on.

Gillette Stadium. (Stuart Cahill/Boston Herald)



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The best Massachusetts high schools for athletes? According to one study, here are top 25

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The best Massachusetts high schools for athletes? According to one study, here are top 25


No other city in the country boasts more championships than Boston, giving Massachusetts a sporting pedigree unlike any other.

What’s unique about many of the state is that several of the stars from those championship-winning teams were Massachusetts natives.

Before they were winning the Stanley Cup, the Super Bowl, the NBA Finals, World Series or a gold medal, those athletes were high school standouts.

Which high schools in Massachusetts are considered the best for athletes today? 

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According to a study conducted by Niche, which accounts for survey feedback from students and parents—accounting for “reviews of athletics, number of state championships, student participation in athletics, and the number of sports offered at the school”—and data from the U.S. Department of Education, these are the top 25.

25. Hanover High School

Total number of sports: 29

24. Tewksbury Memorial High School

Total number of sports: 24

23. Medfield Senior High School

Total number of sports: 27

22. North Reading High School

Total number of sports: 26

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21. Cushing Academy (Ashburnham)

Total number of sports: 20

20. Minnechaug Regional High School (Wilbraham)

Total number of sports: 30

19. Franklin High School

Total number of sports: 20

18. Shrewsbury Senior High School

Total number of sports: 34

17. Longmeadow High School

Total number of sports: 28

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16. Bishop Feehan High School (Attleboro)

Total number of sports: 27

15. Wellesley Senior High School

Total number of sports: 36

14. Mansfield High School

Total number of sports: 22

13. Billerica Memorial High School

Total number of sports: 23

12. St. Sebastian’s School (Needham)

Total number of sports: 13

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11. Lincoln-Sudbury Regional High School

Total number of sports: 32

10. Deerfield Academy

Total number of sports: 37

9. Nashoba Regional High School (Bolton)

Total number of sports: 30

8. Belmont Hill School

Total number of sports: 16

7. Duxbury High School

Total number of sports: 30

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6. Notre Dame Academy (Hingham)

Total number of sports: 19

5. Central Catholic High School (Lawrence)

Total number of sports: 30

4. Catholic Memorial (West Roxbury)

Total number of sports: 15

3. Xaverian Brothers High School (Westwood)

Total number of sports: 17

2. Boston College High School

Total number of sports: 17

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1. St. John’s Prep (Danvers)

Total number of sports: 22



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Family of fallen Massachusetts State Trooper attends ceremony remembering those killed in the line of duty – Boston News, Weather, Sports | WHDH 7News

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Family of fallen Massachusetts State Trooper attends ceremony remembering those killed in the line of duty – Boston News, Weather, Sports | WHDH 7News


BOSTON (WHDH) – It was a powerful moment on Friday during the annual Law-Enforcement Memorial Ceremony at the State House, as the ceremony remembered those lost in the line of duty, including State Trooper Kevin Trainor.

Trainor was killed in a wrong-way crash this week. Trainor’s family was in attendance.

“We’re here today with the Trainor family as another tragedy and agonizing time in policing has found us,” Larry Calderone, Boston Police Union President, said.

The day brought a moment to pause and remember the 30-year-old who is being hailed a hero after he was struck and killed Wednesday morning on Route 1 in Lynnfield.

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“We’ve lost a brother,” Massachusetts State Police Col. Geoffrey Noble said.

The fallen trooper’s fiancée spoke out for the first time since losing the love of her life. She posted to social media, “I am beyond proud of the amount of love you have been given by those who loved and cared about you shows us who you really were, a friend, a partner, a brother, a son, and a hero. You weren’t just a hero to me but a hero to all.”

(Copyright (c) 2026 Sunbeam Television. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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