Portland startups, open source, and tech news, jobs, and events #pdx
Portland’s largest chamber of commerce, the Portland Business Alliance, is gathering a panel to speak during a breakfast forum that will focus on perspectives and insights on the Portland startup community for its members.
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If I’ve said it once, I’ve said it a million times: Portland could always use more serial founders. You know, folks who have built something here, successfully exited, and then decide to build something else…? Those folks. Even better is if they’ve happened to make money for local investors. Who are then more willing to fund the new ventures. And that’s what’s happened with Ryan Fink and Ty Frackiewicz and their latest effort, Vancouver-based Digs.
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This morning, Autodesk announced the intention to acquire Portland extended reality (XR) startup The Wild, which has significant applications in collaboration for the architecture and engineering world. This milestone also marks a significant event for the local venture capital community as The Wild counts local firms Elevate Capital, Ideaship, Oregon Venture Fund, Portland Seed Fund, and The R Group among its investors.
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Radious helps users list their home work spaces Airbnb-style, giving people the chance to get out of the house and into another that’s in their neighborhood. Radious also has a B2B focus, working with companies to help their employees get the benefits of in-person collaboration and work-life balance without having to commute to a traditional office.
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I don’t care how cool your home office — or regular remote workspace is — staring at the same walls, day in and day out, can stifle even the best motivation and creativity. That’s why a change of scenery and setting could be that spark that you need. That’s some of the inspiration behind Portland startup Radious, which allows users to rent other folks’ home office spaces in an Airbnb-esque way.
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The Portland Seed Fund, one of the most active investors in Seed stage companies in the state, has been working to invest in early stage startups for more than a decade. But they’ve had a couple of meaningful firsts recently. All thanks to ESS, a startup in their portfolio.
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Every year, when the GeekWire Awards are announced, I scour the nominees to see if there are any Portland folks on the list. Some years, there are none. Some years, there are a few. This year, there’s one. And a couple of tight Portland connections. But one thing is for certain: they would all appreciate your vote.
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While Auth0 is a Seattle company, they do have a distinct Portland tie. You see, the Portland Seed Fund was one of the company’s early investors. And today was a big day for everyone involved, given that it was just announced that Okta is acquiring Auth0 for $6.5 billion.
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Over the last thirteen years, I’ve had the opportunity to write about a lot of Portland startups. A lot. And sometimes, despite my best intentions, those startups fall off of my RADAR. So it’s always nice to see them pop back up again with good news. Like Portland startup 4-tell. Which has been acquired by Searchspring.
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In some industries, the idea of “closing” can be the worst possible outcome. But in the world of startups, closing is often a very good thing. And the latest news from the Portland Seed Fund is no different. The Portland Business Journal just revealed that PSF has just closed their third fund to the tune of $13.9 million.