Boston has access to world-class talent from institutions like MIT and Harvard. Robotics companies employ more than 4,700 people. The city is also bringing more access to technology in classrooms through makerspaces and 3D printing facilities. Desktop Metal, one of the leading unicorns and a developer of metal 3D printers, raised $160 million in a Series E round in 2019. Other major funding rounds in 2019 include Markforged’ $82 million Series D round and Humatics’ $28 million Series A round.

Boston has more than 1,100 Life Sciences companies, seven teaching hospitals, and five of the top six NIH-funded independent hospitals in the U.S. MLSC runs a $1 billion Life Sciences Initiative, which provides research grants, accelerator loans, tax incentives, etc. In 2018, Moderna launched the largest Biotech IPO in the world with a valuation of $7.5 billion. In 2019, Dewpoint Therapeutics raised $60 million in the largest-ever Series A round in Boston.