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MEETING OF MINDS: Bob Chatman, left, Slater Technology Fund director, discusses the fund’s portfolio with Thorne Sparkman, Slater’s managing director, at the CIC Providence LLC building, the location of several companies that Slater has invested in. 
PBN PHOTO/MICHAEL SALERNO

A HIGH-STAKES VENTURE: Slater startup fund has placed bets on 140...

Rhode Island’s old industrial base had already been decimated by the mid-1990s when state leaders scrambled to find ways to reinvent and revive the...

PBN names 2026 Best Places to Work honorees

PROVIDENCE – Sixty-eight honorees have been named by Providence Business News for its 2026 Best Places to Work Awards program. Each of the companies and...

R.I. Commerce Corp. awards $3M in tax credits to Nabsys 2.0

PROVIDENCE – The R.I. Commerce Corp. board of directors on April 1, approved $3 million for Nabsys 2.0 LLC under the state’s Qualified Jobs...
NABSYS INC. has closed a $25 million round of fund by Hitachi High-Technologies Corp., Nabsys announced Wednesday.

Nabsys closes $25M round of funding

PROVIDENCE – Rhode Island-based genome-mapping firm Nabsys Inc. has closed a $25 million round of funding from Hitachi High-Technologies Corp., a Japanese company that...
NABSYS RECENTLY closed a $21 million round of equity financing. Above, Dr. Barrett Bready, founder and CEO of Nabsys. / PBN FILE PHOTO/MICHAEL SALERNO

Nabsys closes $21M round of funding

PROVIDENCE – Nabsys Inc. has closed a $21 million equity round lead by Hitachi High-Technologies Corp., Nabsys announced Wednesday. The company said the funding will...

Five Questions With: Thorne Sparkman

Thorne Sparkman is the managing director of Providence-based Slater Technology Fund, Rhode Island’s largest venture capital fund, where he is responsible for the firm’s...
GENOMIC MAPPING: Dr. Barrett Bready is the owner and founder of Nabsys, a bio-science company in Providence that does genomic mapping. The company is planning to put its high-definition DNA mapping instrument up for sale on the commercial market later this year. / PBN PHOTO/MICHAEL SALERNO

Nabsys offers new view of DNA

Figuring out better ways to read and analyze DNA, the so-called building blocks of life, can be a tricky business. But if such a product...
THE BRENNAN BUILDING at 60 Clifford St., Providence, along with an adjacent parking lot have been sold to Providence Innovation District Phase II Owner LLC for $2.2 million by Brown University. / COURTESY GOOGLE INC.

Brown sells Innovation District-adjacent land to Ventas

PROVIDENCE – Brown University has sold the properties at 60 Clifford St. and 216 Eddy St.  to Providence Innovation District Phase II Owner, affiliated...
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