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Funding

Clean energy startup Modern Hydrogen, previously known as Modern Electron, raises $32.8M

The news: Clean energy startup Modern Electron is going all in on hydrogen — so much so that it’s changing… Read More

AI2 Incubator raises $30M fund to boost more startups amid AI gold rush

The Seattle-based AI2 Incubator raised a fresh $30 million pre-seed fund to invest in more “AI-first” startups. The incubator’s second… Read More

Seattle VC firm Ascend raises $25M for second fund, plans to double down on AI

Ascend is ready to help more startups fly. The Seattle-based pre-seed venture capital firm led by startup veteran Kirby Winfield… Read More

Genemod lands $4.5M for life sciences data storage and collaboration platform

Genemod, a Seattle startup developing a cloud-based platform to help life sciences companies and researchers manage their data and workflows,… Read More

Trucking analytics startup GoodShip raises $5M

GoodShip, a Seattle startup that sells trucking analytics software, added $5 million to its seed round. GoodShip helps shippers aggregate… Read More

Foundation, a wholesale e-commerce startup led by former Staples exec, lands $3M

Shiv Agarwal is taking another startup swing in the B2B e-commerce arena. The former Staples exec and co-founder of Fabric… Read More

Seattle VC fund Capria raises $100M to invest in ‘Global South’ startups

Seattle-based venture capital firm Capria has raised a $100 million fund to invest in 20-to-25 tech startups in the “Global… Read More

PreAct, which develops near-field sensors for automakers and robotics, lands more cash

Portland, Ore.-based sensor company PreAct announced Tuesday that it added $6 million to its Series B funding round, which topped… Read More

This startup aims to improve recycling by capturing ‘chemical fingerprints’ with high-tech cameras

If you’re someone who recycles, you’ve experienced that paralyzed moment in front of a row of waste bins not knowing… Read More

‘Desktop fusion’ startup Avalanche Energy lands $40M and logs new tech achievement

The news: Micro-fusion startup Avalanche Energy announced a $40 million funding round on Monday. The Seattle-based company is developing a… Read More

Amazon and Microsoft vets raise $10M for computer vision startup used in warehouses

A new Seattle startup wants to make it easier for businesses to monitor their warehouses using artificial intelligence and computer… Read More

After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software

Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. But now it’s taking aim at… Read More

Digital health startup 98point6 raises more cash to fuel new era as a software licensor

Healthcare company 98point6 landed additional investment to support its transition to a licensor of virtual care solutions, following a move to… Read More

Seattle startup SpecterOps, which helps companies detect cyberattacks, raises $25M

Cybersecurity company SpecterOps nabbed $25 million in new funding to support the rollout of its tools that analyze cyberattack paths… Read More

Gates Foundation gives $9.35M to Seattle digital health nonprofit for diagnostic testing

Seattle digital health nonprofit Audere will advance its technology to improve the accuracy of rapid diagnostic tests with $9.35 million… Read More

Vancouver, B.C., tissue ‘bioprinting’ company inks $75M deal with Novo Nordisk for diabetes, obesity

Vancouver, B.C.-based biotech company Aspect Biosystems inked a partnership worth potentially more than $2.6 billion with Danish biopharma giant Novo… Read More

Carbon Robotics lands $30M to sell more weed-destroying machines powered by AI

Turns out that farmers like using lasers to kill weeds. Seattle startup Carbon Robotics raised $30 million to fuel growth… Read More

Robotics data startup led by former Amazon drone engineers emerges from stealth, raises $4.8M

Benji Barash and Yves Albers-Schoenberg experienced the challenges of robotics development while working on Amazon’s ambitious drone project. Now the… Read More

Payscore, a startup that helps property managers and car dealerships verify income, raises $2.2M

Property managers and consumer lenders are dealing with a reported increasing amount of application fraud. A Seattle startup wants to… Read More

TipHaus, which helps companies distribute tips, raises $3.5M and launches banking tool

Seattle-area startup TipHaus landed $3.5 million in new funding to streamline how businesses pool and distribute tips to employees. Launched… Read More

Google and Apple vets raise $17M for Fixie, a large language model startup based in Seattle

The news: Fixie, a new Seattle-based startup aiming to help companies fuse large language models into their software stack, raised… Read More

Sonoma Bio inks $75M deal with Regeneron to advance cell therapies against autoimmunity

The news: Sonoma Biotherapeutics is partnering with Regeneron to co-develop cell therapies for Crohn’s disease and other autoimmune conditions. The… Read More

New climate marketplace raises $6.1M to move clean energy cash into impactful projects

As international scientists are frantically raising alarms about climate change, corporations, public policy and tech innovation are coming together to… Read More

Seattle startup uses AI to help job seekers refine resumes, land gigs amid widespread layoffs

As layoffs continue to ripple through the tech sector, a new Seattle startup is using AI to help people land… Read More

3D-printed shoe startup steps into $3M to help reduce carbon footprints, localize manufacturing

Portland-based 3D-printed footwear startup Hilos has landed $3 million to boost its efforts in reducing the carbon footprint linked to… Read More

Security hardware giant Allegion backs Latchel, a platform to manage single-family rental properties

The news: Latchel raised an undisclosed amount of funding from Allegion Ventures, the corporate venture arm of the publicly-traded security… Read More

Seattle-area startup using AI for mental health screening tech raises $8M

The news: Seattle-area healthcare startup Aiberry raised $8 million for its AI-powered software that analyzes audio, visual, and language from… Read More

Microsoft and Google back Typeface, an enterprise generative AI startup led by ex-Adobe CTO

A new generative AI startup with ties to Seattle just raised $65 million from Microsoft’s M12 and others to help… Read More

Temporal, a developer productivity startup led by former Uber engineers, raises $75M

The news: Temporal, a Seattle startup that helps companies write and run cloud applications, raised $75 million. The details: The… Read More

Ex-Amazon Pharmacy manager leads new startup aiming to help contractors save on medication

A new startup born out of Pioneer Square Labs in Seattle wants to help independent workers — including those who don’t… Read More

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