Category: Washington

Another perspective on the impact of the Absci IPO

In case you were unplugged this week… former Portland startup now Vancouver, Washington, biotech company Absci went public, this week. Having been on an IPO team for a venture funded startup myself, I can attest to what a herculean effort this whole process entails. And how the Absci team deserves all of the accolades for pulling this off.

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All together now: Chorus.ai acquired by ZoomInfo for $575M

Former startup now publicly traded ZoomInfo across the river in Vancouver, Washington, has announced that they are acquiring Chorus.ai. The acquisition is designed to add features to ZoomInfo that help sales people be better sales people by surfacing insights and analytics that would be impossible to intuit without sitting in every single sales or customer service call.

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Vancouver startup comes out of stealth with $20 million Seed round

What was once a stealth startup has revealed its company and focus in grand fashion. Meet Vancouver, Washington, based Embedded, who just announced that they have secured $20 million in Seed funding from a who’s who of name brand venture funds.

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There’s a new pre-Seed fund in the Pacific Northwest. Meet Startup Haven Venture Fund.

In order to sustain a vibrant startup investor ecosystem, funds need to start, find success, and raise more funds. And should that success cause them to grow beyond their previous stage focus, then new funds need to start to backfill the gaps. So as many of the early stage funds in the Pacific Northwest achieve success and move downstream to Seed and Series A investments, it’s nice to see new funds stepping up to take the opportunity to support pre-Seed startups. Like the new Startup Haven Venture Fund.

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A decade of GeekWire

I always like seeing startups celebrate milestones. I truly believe that there’s so much hard work, stress, anxiety, and difficulty in building a company, that we owe it to ourselves to celebrate the bright spots. No matter how seemingly insignificant. Which is why — contrary to their stance on the newsworthiness of anniversaries — I am incredibly happy to see GeekWire celebrating a decade of covering the Pacific Northwest technology community.

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Seattle’s Pioneer Square Labs raises $100 million for second early stage startup fund

It’s one of those weeks in Seattle. Founders’ Co-op announced their new fund. And now, Pioneer Square Labs has revealed Fund II, a $100 million fund focused on early stage startups in the Pacific Northwest.

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Seattle-based investor Founders’ Co-op closes largest fund yet

While Founders’ Co-op is headquartered in Seattle, the fund regularly puts money to work in Portland. So when I hear the news that they have more money to put to work, I always remain hopeful that they’ll continue that trend of investing here. Because Founders Co-op has $50 million to invest from their latest fund.

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Exactly how underrated is the Pacific Northwest startup market?

If you’ve been following the ongoing “Bay Area Brain Drain” exodus news, you’re seeing a few startup hubs coming to the fore. Miami is quickly becoming the go to spot for a number of reasons. Atlanta continues to assert its dominance. And tried and true Austin remains a perennial favorite for those escaping the valley of silicon. But where is the Pacific Northwest mention in this whole thing?

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Alleviating abandonware

Ever have the urge to play one of those old old video games from the days of your youth? You’re not alone. But often, finding those titles can be more challenging than it should be. That’s why one company in Vancouver, Washington, is working to keep those dreams alive. But rescuing old titles that have been abandoned by the original publishers.

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Madrona promotes Daniel Li to partner

Wasn’t I just talking about Dan Li? Well apart from the awesome newsletter he composes on Pacific Northwest venture capital, Dan’s day job is at Madrona. And he was recently promoted to partner.

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