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Funding

With backing from Bill Gates, Pivotal Commware raises $50M for 5G products

Kirkland, Wash.-based Pivotal Commware says it has closed on a $50 million funding round that will help it expand research,… Read More

Fred Hutch, Univ. of Washington biotech spinout Ensoma launches with $70M in funding

New spinout: Boston-based biotech startup Ensoma launched Thursday and announced a $70 million Series A funding round. The company is… Read More

Seattle-area startup Fabric raises $43M to help retailers keep up with online shopping boom

New funding: E-commerce startup Fabric has raised $43 million to help mid-market brands that are trying to keep up with… Read More

Carbon-capture company Svante raises $75M to trap emissions at their source

Vancouver, B.C.-based Svante has closed a $75 million funding round. The company calls it “the largest private investment into point… Read More

Techstars Seattle grad Insent raises $2M to take on Drift and Intercom with B2B marketing chatbot

Insent landed $2 million to help mid-market B2B companies improve how they identify and communicate with potential buyers. The Seattle-based… Read More

Google’s AI-focused venture fund leads $5.4M investment for Seattle analytics startup Iteratively

Seattle startup Iteratively raised a $5.4 million round led by Gradient Ventures, Google’s AI-focused venture fund. Founded in 2019 by… Read More

Rad Power Bikes raises massive $150M round to scale e-bike business across globe

After a pandemic year that spurred huge demand for its e-bikes, Rad Power Bikes is raising $150 million to fuel… Read More

Seattle startup Pandion, led by Amazon Air founder, raises $4.9M to take on modern delivery challenges

An Amazon veteran who helped the tech giant take on the explosion in e-commerce retail deliveries is striking out on… Read More

Accounting software startup Lockstep raises $10M to help businesses better manage cash flow

Lockstep, a Seattle startup using software and the cloud to improve accounting practices, has raised $10 million in a Series… Read More

Led by ex-Starbucks digital chief Adam Brotman, Seattle startup Brightloom raises $15M

Brightloom has raised $15 million as it aims to help companies turn their customer data into personalized marketing campaigns. Brightloom… Read More

Elevate Capital raises $26M for second fund to invest more dollars into minority-led startups

Portland, Ore.-based firm Elevate Capital has raised $26 million as part of its $40 million Fund II. Elevate focuses on… Read More

Kevala raises $4M to address healthcare labor shortage with software for long-term care facilities

The pandemic has exposed the U.S. healthcare labor shortage. Now a Seattle startup is aiming to help fill the gap.… Read More

Usermind raises $14M as Seattle marketing startup bounces back with digital acceleration shift

Usermind cut 25% of its staff in March, preparing for the worst at the outset of the pandemic. But then… Read More

Microsoft, Apple, Auth0 vets raise $3.3M for Seattle software integration startup Fusebit

Fusebit, a new Seattle startup aiming to help developers with software integration capabilities, has raised a $3.3 million seed round.… Read More

Podcast

‘Venture capital loves destruction’: A startup veteran’s take on 2020’s record investment totals

It was one of the most tumultuous years the country and the world have ever seen. And yet, as we… Read More

Portland telehealth startup Conversa raises $8M

Conversa, a Portland, Ore.-based telehealth startup, has raised another $8 million as part of an expanded Series B round. The… Read More

Microsoft joins $2B investment in Cruise to speed commercialization of self-driving vehicles

Microsoft is partnering with Cruise and General Motors to accelerate the commercialization of self-driving vehicles by bringing its cloud computing… Read More

Security and cloud vets raise $20M for incident response automation startup StackPulse

As companies rely more heavily on cloud-based services, software outages can be much more painful and detrimental. StackPulse wants to… Read More

Clothing rental service Armoire adapts to pandemic, raises cash from Microsoft CEO Satya Nadella

Like many tech startups, when the pandemic hit the U.S., Armoire braced for impact. Its clothing subscription rental business had… Read More

Seattle shampoo startup Gemma Labs raises $2.75M to grow custom haircare kit service

Gemma Labs is raising cash to support increasing demand for its Gemmist custom shampoo service. The Seattle startup reeled in… Read More

Seattle biotech startup AltPep raises $23.1M to tackle Alzheimer’s and related diseases

AltPep, a Seattle-based biotech startup tackling amyloid protein disorders, has raised $23.1 million in a Series A funding round. The… Read More

U.S. startups raise record investment in 2020; here are the top Pacific Northwest deals in Q4

When the pandemic hit the U.S. earlier this year and tech companies began laying off thousands of employees, analysts warned… Read More

Seattle fintech startup Secure, which helps enable emergency savings accounts, raises $3.5M

Investors are betting on Secure, a new Seattle-area startup riding a trend of increased interest in emergency savings accounts amid… Read More

UW spinout Opticyte lands $4.6M to test device that quickly detects early signs of organ failure

University of Washington biotech spinout Opticyte has landed $2.9 million in federal grants and $1.7 million in seed funding. The… Read More

Seattle startup Syndio raises $17.1M as demand spikes for HR software that helps identify pay gaps

Syndio, the Seattle startup that works to eliminate gaps in pay equity, has raised $17.1 million in new funding, the… Read More

Data compliance startup Hyperproof raises $4M as pandemic puts spotlight on security and privacy

Hyperproof, a Bellevue, Wash.-based startup that helps companies comply with state and international privacy and data protection laws, has raised… Read More

Omnivor raises $2.7M as pandemic spurs interest in holographic media from Nike, T-Mobile, others

Investors are putting more fuel behind Omnivor, a Seattle startup gaining traction with its 3D holographic content media production platform.… Read More

Seattle healthcare worker-training startup NextStep raises $2.5M to fund continued growth

NextStep, a Seattle startup which uses its technology platform to retrain displaced workers for roles in the healthcare industry, has… Read More

Seattle startup Yesler raises $3.3M for its B2B lumber and building materials marketplace

Matt Meyers can build anything he wants, thanks to his decades in the lumber and building materials (LBM) space. Instead… Read More

Seattle-area startup Group14 raises $17M to charge up battery-enhancing tech

Woodinville, Wash.-based Group14 Technologies has raised $17 million to expand development and sales of its silicon-carbon composite material that can… Read More

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