Notch Therapeutics is commercializing technologies developed in the labs of Juan-Carlos Zúñiga-Pflücker, left, chair of Notch’s scientific advisory board, and Chief Scientific Officer Peter Zandstra. (University of Toronto and Notch Photos) New funding: Notch Therapeutics has raised a $85 million Series A round, bringing its total funding to $91 million. The biotech company was founded … Read more
Ally founder and CEO Vetri Vellore accepts the award for Startup of the Year at the Mekhato Awards 2020. Investors are going all in on Ally. The Seattle startup just landed a $50 million Series C round led by Green Oaks Capital, Tiger Global, and Madrona Venture Group. Total funding to date is $76 million … Read more
Ozette co-founders Dr. Ali Ansary (left), CEO, and Greg Finak, CTO. (Ozette Photos) New funding: Ozette, a biotech company that last year spun out of the Fred Hutchinson Cancer Research Center and was incubated at the Allen Institute for Artificial Intelligence (AI2), has raised a $6 million seed round. The Seattle-based company has eight employees … Read more
Cheryl Ingram, left, a DEI expert and author, and Mikaela Kiner, founder of the digital HR startup Reverb. After the death of George Floyd, tech leaders came together last spring and summer to condemn police brutality and vowed to do more to support racial equity and diversity. In the Pacific Northwest that included corporations such … Read more
Another day, another SPAC. Today, we’ve learned that Seattle online pet sitting marketplace Rover plans to join the public ranks via a merger with True Winds Capital’s SPAC that values the company at a $1.35 billion enterprise valuation, adding another billion-dollar “unicorn” to the Seattle region. The deal: Rover will add approximately $325 million to … Read more
Racquel Russell. (Bird Photo) — Zillow’s VP of Partner Success Racquel Russell joined the board of micro-mobility company Bird, known for its scooter sharing platform. “As a city dweller with a strong public policy background, I know how communities can benefit from having diverse ways to commute and cover first and last-mile transportation needs,” said … Read more
A group of 14 U.S. health systems, representing tens of millions of patients across 40 states, will pool their data using software developed by Seattle startup Truveta, leveraging artificial intelligence to search for medical breakthroughs and previously undetected patterns of inequity in healthcare. Terry Myerson, Truveta CEO. The company, led by former Microsoft Windows chief … Read more
(Apptio Photo) Cloud-based IT management startup Apptio has acquired enterprise agile planning startup Targetprocess in a bid to bring together financial governance with agile portfolio management. Bellevue, Wash.-based Apptio believes that with greater transparency and accountability, Targetprocess will help it offer its clients a holistic view of technology investments across on-premise, cloud, and development resources. … Read more
Dr. Hans-Peter Kiem of the Fred Hutchinson Cancer Research Center. (Fred Hutch Photo) New spinout: Boston-based biotech startup Ensoma launched Thursday and announced a $70 million Series A funding round. The company is built on technology developed over two decades by Seattle researchers Dr. Hans-Peter Kiem of the Fred Hutchinson Cancer Research Center and Dr. … Read more
Level CEO David Edelstein. (Level Photo) Seattle startup Level raised $1.5 million to fuel growth of its credit service targeted at independent contractors. The company partners with marketplace platforms such as Dolly, Porch, and Keepe, which use Level to offer workers flexible credit options that are only paid back when they earn. It allows contractors … Read more