Suffolk Technologies wants to have its cake and eat it, too.
Corporate VCs and traditional investors help startups in different ways. While venture capitalists are better equipped to help startups land their next funding round or make their next hire, CVCs can ask their corporate overlords to serve as early product testers or customers. Boston-based construction giant Suffolk Construction’s new VC arm, Suffolk Technologies, hopes to offer its portfolio companies the best of both — and reap the benefits of both, too.
Suffolk Technologies this week launched its debut $110 million fund to back co
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