Celtics co-owner Steve Pagliuca and partner Judy have recently been purchasing a multitude of Boston-area startups with their year-old financial investment firm, the PagsGroup.The latest? SkreensTV, a Foxborough TELEVISION innovation company that works to change a TELEVISION screen into several screens.While the Pagliucas wont disclose the exact
amount theyve purchased each start-up, they have plainly revealed their interest in development in the city– specifically around robotics and biotech. Although Steve Pagliuca– a managing director at Bain Capital– advises on prospective PagsGroup financial investments, its his other half who has the lastlast word on those decisions. I chatted with Judy Pagliuca just recently about exactly what her investment method has been and
what shell invest in next.On the development of the PagsGroup: We began the business about a year ago to consolidate our venture holdings and
likewise to approach the marketplace more
systematically. Our current mission is to fund startups in the Boston area that have special intellectual homecopyright. For the many part, the area has an excellence in robotics and pharma, however is progressively active in software-as-a-service, sensors and systems that are software and hardware solutions. As time goes on, we could narrow our focus even further.On what shes been purchasing: I have actually purchased robotics and pharma financial investments in addition to other later-stage endeavorequity capital business. Jibo, an individual robotic, and Myomo, an
assistive robotic device use technology
from MIT. Flex, a pharma option for cramping, and Aura, a therapy for ocular cancer take advantagemake the most of the biotechnology competence in Boston.