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October 15, 2024

Top PNW funding rounds in Q3 

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TODAY'S TOP STORIES

Venture capital funding to Pacific Northwest startups saw signs of positive momentum in Q3, buoyed by a $900 million round for legal tech company Clio and large fundings for biotech and healthcare companies. Check out the top deals from Q3

Tech Moves: A top AI researcher from Microsoft is headed to OpenAI, and Amazon’s VP of “Just Walk Out” landed at Lime as its new CTO. Read more.  

In case you missed it: OpenAI is opening an office in Bellevue, Wash., planting a flag in the Seattle region near its close partner, Microsoft. Read more.

A new way to get around a golf course: Seattle startup Fairway Bikes raised $1.25 million to help build more 3-wheeled e-bikes for golfers. Read more.

Two teens who grew up together in the Seattle area are collaborating from opposite sides of the country on a productivity app that helps grow trees and combat climate change. Read more.

Hot Links:

  • Microsoft reportedly lost billions on its HoloLens mixed reality project and a major contract with the U.S. Army is in jeopardy. (Business Insider)

  • New Amazon generative AI tools give brands the ability to create audio ads on platforms such as Prime Video, Amazon.com, Alexa devices and more. (Adweek)

  • Google Shopping is looking "more and more like a mix of Amazon and Pinterest" with its latest AI update. (Business Insider)

  • Pioneer Square Labs worked with Tektronix to spin out a new standalone startup called Glue Studio. (Pioneer Square Labs)

  • The NBA is using Microsoft tech to boost its app with new basketball analysis, localized content and an AI-calculated grade called “Dunk Score.” (NBA)

Thanks for subscribing to the GeekWire newsletter, and have a great day. — GeekWire Editor Taylor Soper, taylor@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com.
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