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Life Sciences Venture Development Firm Establishes Boston Base at Southline
Portal Innovations, a Chicago-based life sciences venture development engine, will be expanding its operations to South Boston in April. The company will launch its initial lab and office space in Beacon Capital Partners’ Southline Boston building.
The initial space at Southline Boston will consist of 22,000 square feet of high-end wet lab and office space. It will expand its footprint to 58,000 square feet in the first half of 2024. Portal is partnering with Boston-based Beacon Capital and ZoE Life Sciences in a joint venture to build out the space and invest in promising life sciences companies.
“Boston is the leading hub for biomedical innovation and we’re thrilled to partner with Portal to support early-stage venture firms and their portfolio companies,” said Fred Seigel, CEO of Beacon Capital. “Offering a fully developed life sciences ecosystem in a single building will catalyze the next phase of Boston’s impact on life sciences
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