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MATTER has secured another $4.4 million in funding, this time from some big names in the private sector.

Chicago’s healthcare tech hub MATTER, which is set to open in early 2015, now has an initial capital commitment of more than $8 million. The latest round, which includes all private sector investments, involved industry leaders like AbbVie, Marathon Pharmaceuticals and Astellas Pharma.

MAT…

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Matter, a healthtech-focused startup incubator set to open early next year in Chicago’s Merchandise Mart, announced Wednesday $4.4 million in private funding.

Twenty-two local companies, most in the tech and health-care sectors, are putting up the money to get the latest addition to the city’s startup scene up and running. The funding complements $4 million in state grants and loans.

“The pre…

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Announced in February and set to open in early 2015, MATTER is a revolutionary startup center for next-generation healthcare technology companies. Backed by a $4 million state investment, the organization was commissioned to advance entrepreneurship in the rapidly evolving medical and biotech industries.

Today, MATTER has unveiled its first 10 members that will be tasked with disrupting the he…

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The first 10 startup companies at Matter, a health-tech incubator set to open in the Merchandise Mart early next year, include a specialty pharmaceutical company, a creator of a blood-sampling system and a company that integrates robotics with heart procedures.

CEO Steve Collens said the incubator chose potentially successful companies, announced Tuesday, that together establish a broad repres…

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If you’re hip in Chicago, you’ve probably heard of 1871, the entrepreneurial space for digital startups. What you might not be aware of yet is MATTER, an emerging incubator built solely for healthcare technology startups. Like 1871, it calls the Merchandise Mart its home, and it opens in early 2015. As a healthcare startup, we’re excited to have all of Chicago’s greatest minds in health innovat…

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