Notch Therapeutics raises $85M for cancer treatments and plans to open Seattle location

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

Fred Hutch biotech spinout Ozette raises $6M from Madrona, AI2, Vulcan

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

Seattle HR startup creates virtual program to meet surge in demand for diversity training

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

Pet sitting marketplace Rover grabs a bone, valued at $1.3 billion in latest SPAC deal

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

Tech Moves: Zillow exec Racquel Russell joins Bird’s board; new gig for startup vet Rebecca Lovell

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

14 U.S. health systems form new Seattle startup, plan to pool data in search for breakthroughs

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 makes another acquisition, buying enterprise agile planning startup Targetprocess

(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

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

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

Led by ex-Amazon and Microsoft managers, Seattle startup Level raises $1.5M for flexible credit service

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