Tag Archives: Funding

Fred Hutch spinout lands $10M for precision test to guide cancer treatment, develop drugs

SEngine CEO and chief scientific officer Carla Grandori. (SEngine Photo) Seattle startup SEngine Precision Medicine has raised $10 million to propel drug discovery and development and advance its test that tailors drugs to cancer patients. SEngine cultures patient cancer cells from a biopsy or other material and measures the response to an array of potential…

Startup funding news: Inflection.io, Xemelgo, Joule Case, others raise fresh cash

The Inflection.io team, including co-founders Dave Rigotti (front, left), Vic Davis (fourth from left), and Aaron Bird (fifth from left). (Inflection.io Photo) Here’s our latest rundown on recent startup investment news in the Pacific Northwest. Inflection.io New funding: Inflection.io, a Seattle marketing automation startup, officially came out of stealth and announced a $5 million round…

Seattle startup HDT Bio lands $1.8M U.S. Army grant to develop nasal spray against viruses

HDT Bio CEO Steve Reed. (HDT Bio Photo) Seattle startup HDT Bio will develop a nasal spray designed to counteract a wide range of respiratory viruses with a nearly $1.8 million grant from the U.S. Army. “We hope to address not only disease progression, but transmission,” chief operating officer Christopher Pirie told GeekWire. HDT Bio’s…

Babbling bananas: This Google Ventures-backed startup uses IoT to ‘listen’ to fruit as it ripens

Strella Biotechnology co-founder and Chief Operating Officer Jay Jordan (left) and co-founder and CEO Katherine Sizov. (Strella Photo) Katherine Sizov is eavesdropping on kiwis, pears, apples and bananas as they talk to each other, and through their conversations she can tell you if they’re ripe and if they’re getting close to rotting. Sizov is CEO…

Institute for Protein Design spinout Monod Bio raises $25M for molecular biosensors

Monod Bio co-founders, from left: David Shoultz, Daniel-Adriano Silva, and Alfredo Quijano Rubio. (Monod Photo) The news: Monod Bio raised $25 million to develop molecular biosensors that light up when they bind their target. The sensors can be designed to detect molecules linked to disease and they also have potential for industrial applications. The origins: Monod’s…

More funding for fusion: Seattle startup lands $160M and reveals technology breakthrough

Zap Energy’s co-founders, left to right: Chief Technology Officer Brian A Nelson, President Benj Conway, and Chief Science Officer Uri Shumlak. (Zap Energy Photo) The news: Seattle-area startup Zap Energy is edging closer to the promise of fusion power. The company Wednesday announced two milestones: its newest prototype device has created plasma, a superheated gas…

Nortis, a Seattle-based startup developing ‘organ-on-a-chip’ tech, raises cash

Nortis, a Seattle-area startup based in 2011 that markets “organ-on-a-chip” know-how, has raised $6 million, in keeping with an SEC submitting. The corporate’s microfluidic chips foster the expansion of human cells in ways in which resemble organs, and have been used to create kidney, liver, blood vessel, coronary heart, gut, and tumor fashions for researchers….

Seattle startup aiming to detect, treat Alzheimer’s and Parkinson’s disease raises cash

AltPep CEO and founder Valerie Daggett. (AltPep Photo) The news: University of Washington spinout AltPep recently raised $44.4 million, according to a regulatory filing. The company declined to discuss the filing, but founder and CEO Valerie Daggett spoke with GeekWire about AltPep’s progress on its experimental blood test to detect Alzheimer’s disease at the earliest…

Oregon energy storage company Powin lands $135M investment to fuel growth globally

Geoff Brown, Powin chief executive. (LinkedIn Photo) New money: Powin, an energy storage company based in Oregon, has received a $135 million investment to continue growing its international business. The company is the world’s fifth largest battery energy storage system integrator, according to a trade journal. The round was led by GIC, Singapore’s Sovereign Wealth…

Seattle mental health startup Alongside raises $5.5M, aims to test app with schools

Alongside CEO Jay Goyal. (Alongside Photo) A new startup is emerging in Seattle with plans to partner with schools to support adolescent mental health. Alongside is developing an app that interacts with students through a chatbot and guides them to resources like videos of other students experiencing similar issues. Users can access therapy exercises and…