Portland Oregon startups, tech, news, events, jobs, and community
Portland startup and tech news, jobs, and events #pdx
Just a quick reminder that TiE Oregon’s Pitch Oregon will be held tomorrow afternoon. And it will be streamed so that you can watch all the pitches from the comfort of your Web browser.
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In the early days of the SaaS and Cloud-based version of the Portland startup community, Jeff Martens was one of the more active, engaged, and recognizable figures in the community. His first startup — a product of Portland Startup Weekend called CPUsage — created a service that provided on-demand high-performance computing services to customers by leveraging idle time on vast arrays of participating machines.
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Not that long ago, everyone had a crush on Portland. These days, we’d be lucky to get even one swipe right.
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One of my favorite things about the Portland startup community is a willingness to help one another. Rarely do I have a conversation with anyone in town that fails to include “Is there anything I can be doing to help you…?” It’s just the ethos around here.
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Maybe it’s a global pandemic. Maybe it’s a shortage of chips or other required pieces and parts. Or maybe, just maybe, it’s an actual ship — especially one that’s wedged in the Suez Canal or moored off of Long Beach. Whatever the case, it spells supply chain headaches. MustDeliver is looking to minimize that pain — for both shippers and shipping — with transparent access to shipping data and logistics.
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More than one company is reportedly interested in buying Peloton. Is Peloton actually for sale? That’s not yet clear. But this much is: Peloton’s stock is down more than 80% over the last year, it has run into a series of problems with its products and it seems to be a company in disarray. It was a $50 billion company a couple of years ago, and its market cap has dropped to about $7.5 billion. And that’s after a big jump that came from the acquisition rumors.
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While the size of today’s Seed Rounds seem more like Series A rounds from a few years ago, it’s nice to see a Portland startup taking advantage of the trend — and dry VC powder — to fuel their growth here locally. This morning, I got word that DeepSurface has raised $4.5 million. Participating investors include Differential Ventures, which led the round; Osage Venture Partners; Ginossar Ventures; and Peninsula Ventures.
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For entrepreneurs on the north side of the Columbia River, the Greater Vancouver Chamber of Commerce has a new program aimed at supporting new businesses.
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By comparing Omicron’s structure with that of the original version of SARS-CoV-2 and its other variants, they have begun to shed light1 on which features of the highly mutated virus have enabled it to evade the body’s immune defences, while also maintaining its ability to attack a person’s cells. And they’ve begun to unpick why Omicron seems to cause milder disease than previous variants.
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