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  • Former Activision-Blizzard CFO resigns from Smartsheet board after internal backlash
  • Legal tech company led by former U.S. diplomat will represent Seattle at the Startup World Cup
  • Seattle startup aiming to detect, treat Alzheimer’s and Parkinson’s disease raises cash
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    Week in Review: Most popular stories on GeekWire for the week of Aug. 14, 2022
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  • A sneak peek inside Till Dawn, a new video game-themed bar and cafe in Seattle
  • Nortis, a Seattle-based startup developing ‘organ-on-a-chip’ tech, raises cash
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  • Washington Rep. Derek Kilmer on entrepreneurship, maritime innovation, Inflation Reduction Act, more
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  • Seattle startup Tangibly, which manages trade secrets and NDAs, raises $1.3M
  • Startup detects COVID-19 using spit, light, and a computer built to analyze patterns
  • Targeting ‘everyday givers,’ Melinda French Gates to teach MasterClass on impactful giving

Health/Life Sciences

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

by Charlotte Schubert on August 22, 2022August 22, 2022 at 8:10 am

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… Read More

News Brief

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

by Charlotte Schubert on August 19, 2022August 19, 2022 at 3:59 pm

Nortis, a Seattle-area startup founded in 2011 that markets “organ-on-a-chip” technology, has raised $6 million, according to an SEC filing. The company’s microfluidic chips foster the growth of human cells… Read More

Startup detects COVID-19 using spit, light, and a computer built to analyze patterns

by Charlotte Schubert on August 18, 2022August 18, 2022 at 12:23 pm

A Seattle-area startup called Pattern Computer is developing a rapid COVID-19 test based on patterns in light from spit, one of several projects moving ahead from the 7-year-old company that designed its… Read More

Seattle-area company that aims to treat disease with radio frequency energy files for IPO

by Charlotte Schubert on August 17, 2022August 17, 2022 at 5:09 pm

EMulate Therapeutics, a 20-year-old Bellevue, Wash.-based company developing radio frequency energy technology to treat a range of diseases, filed to go public Tuesday. The 7-person company, previously known as Nativis,… Read More

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

by Charlotte Schubert on August 15, 2022August 15, 2022 at 8:33 am

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… Read More

How Amazon’s mandate against media leaks helped to seal its $3.9B deal to acquire One Medical

by Todd Bishop on August 11, 2022August 12, 2022 at 9:10 pm

A new regulatory filing details Amazon’s behind-the-scenes talks for One Medical, leading up to the Seattle tech giant’s agreement to acquire the primary care company for $3.9 billion, announced by… Read More

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

by Charlotte Schubert on August 11, 2022August 11, 2022 at 7:56 am

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… Read More

Publicly traded biotech company Absci lays off employees, citing ‘macro-economic conditions’

by Charlotte Schubert on August 10, 2022August 10, 2022 at 10:35 am

Vancouver, Wash.-based drug design and development company Absci laid off employees Tuesday, a little more than a year after going public. “The macro-economic conditions of the last few months prompted… Read More

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

by Charlotte Schubert on August 10, 2022August 10, 2022 at 4:35 pm

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… Read More

Video

Dr. Anthony Fauci stops in Seattle for Fred Hutch Q&A, throws first pitch at Mariners game

by Charlotte Schubert on August 9, 2022August 16, 2022 at 12:25 pm

Anthony Fauci, President Biden’s chief medical advisor and a leader of the country’s COVID-19 response, made a pit stop in Seattle for a fireside chat at Fred Hutchinson Cancer Center… Read More

Prime healthcare: How Amazon’s $3.9B One Medical deal could boost its subscription program

by Charlotte Schubert on August 1, 2022August 1, 2022 at 11:04 am

Will consumers order up healthcare through Amazon Prime as easily as they stream The Boys or buy an Echo speaker? That’s one question raised by Amazon’s planned $3.9 billion acquisition… Read More

News Brief

Seagen reports $498M in Q2 revenue, stays silent on reported sale to Merck

by Charlotte Schubert on July 28, 2022July 28, 2022 at 5:20 pm

Seagen reported second quarter revenue of $498 million, up 28%, beating analyst expectations. The company also recently reported “positive” early data from a trial testing its drug Padcev in combination… Read More

Seattle biotech startup Ozette lands $26M from Microsoft, Madrona, others to analyze immune cells

by Charlotte Schubert on July 28, 2022July 28, 2022 at 2:59 pm

The news: Single cell analysis startup Ozette Technologies, with deep roots in the Seattle academic and startup community, has raised $26 million. The company’s tools enable its academic and biopharma… Read More

Biotech startup developing therapies that match molecules in human milk withdraws IPO filing

by Charlotte Schubert on July 26, 2022July 26, 2022 at 1:54 pm

A quiet Seattle biotech company, Intrinsic Medicine, filed to go public in April but withdrew its plans yesterday, according to a regulatory filing. Intrinsic Medicine is developing sugar-based molecules matching… Read More

News Brief

Seagen releases data on combination therapy with Merck drug amid acquisition reports

by Charlotte Schubert on July 26, 2022July 26, 2022 at 11:21 am

Seattle area biotech company Seagen released early data on a trial of its drug Padcev combined with Merck’s Keytruda in patients with certain types of urothelial cancer. An analyst with… Read More

Frazier Healthcare Partners to bring Dutch biotech company public in SPAC deal

by Charlotte Schubert on July 25, 2022July 25, 2022 at 4:37 pm

Frazier Healthcare Partners’ SPAC has found a partner. The venture firm inked a deal to bring Dutch biotech company NewAmsterdam Pharma public through a merger with its blank check company… Read More

Can Amazon change healthcare? Experts sound off on tech giant’s $3.9B deal to buy One Medical

by Charlotte Schubert on July 25, 2022July 25, 2022 at 12:30 pm

Amazon’s planned $3.9 billion acquisition of One Medical will bring Amazon further into healthcare. But whether the Seattle tech giant will upend the medical system in the same way the company… Read More

Silverback Therapeutics to merge with San Diego biotech company developing EpiPen alternative

by Charlotte Schubert on July 21, 2022August 4, 2022 at 2:59 pm

Less than two years after its IPO and months after shutting down its once-promising oncology program, Seattle-based Silverback Therapeutics will merge with another biotech company, San Diego-based ARS Pharmaceuticals. The… Read More

Amazon to acquire One Medical primary care company for $3.9B

by Todd Bishop on July 21, 2022July 21, 2022 at 7:53 am

Amazon announced a deal to acquire publicly traded primary care company One Medical for $3.9 billion, further fueling the Seattle-based tech giant’s ambitions in healthcare. The all-cash deal would be… Read More

Tech Moves: Twilio hires ex-Microsoft engineering leader as CTO; Nintendo adds exec; and more

by Charlotte Schubert on July 13, 2022July 13, 2022 at 3:36 pm

— Mark Simms, a former longtime Microsoft engineering leader, has joined Twilio as chief technology officer. Simms spent 14 years at Microsoft, most recently as director of architecture in the… Read More

Gates Foundation will boost annual payout 50% to $9B in call to action against ‘huge global setbacks’

by Todd Bishop on July 13, 2022July 13, 2022 at 9:30 am

The Bill & Melinda Gates Foundation says it will increase its annual payout in grants and other financial assistance by 50% to $9 billion by 2026, responding to what it… Read More

Fred Hutch and Amazon collaborating on clinical trial to test vaccines against cancer

by Charlotte Schubert on July 12, 2022July 12, 2022 at 11:13 am

Fred Hutchinson Cancer Center is leveraging Amazon’s machine learning expertise to collaborate on an early-stage clinical trial testing an anti-cancer vaccine in patients with certain types of breast cancer or… Read More

Spinning out science startups: UW’s Institute for Protein Design brings research beyond ivory tower

by Charlotte Schubert on July 12, 2022July 16, 2022 at 10:18 am

The Institute for Protein Design is an innovation factory. Since launching a decade ago, the University of Washington institution has grown to about 200 researchers and spun out eight startups… Read More

News Brief

Report: Merck in ‘advanced talks’ to acquire Seattle-area biotech giant Seagen for around $40B

by Charlotte Schubert on July 7, 2022July 7, 2022 at 10:25 am

A new Wall Street Journal report revealed that Merck is in “advanced talks” to acquire Seattle-area biotech giant Seagen in a deal that could be worth $40 billion or more.… Read More

Life sciences news roundup: COVID-19 vaccines developed in Seattle get green light, and more

by Charlotte Schubert on July 2, 2022July 5, 2022 at 9:24 am

Two COVID-19 vaccines developed in Seattle got the nod from regulatory agencies outside the U.S. this week. A University of Washington shot is ready for rollout in South Korea, and… Read More

Video

Supple steaks and tasty veggies: Xerox PARC spinout keeps food fresh at freezing temperatures

by Charlotte Schubert on July 2, 2022July 2, 2022 at 9:45 am

A new startup aims to change how food is preserved and stored, using tech that keeps meat, fish and produce flavorful at subzero temperatures. “More than a third of the… Read More

News Brief

ARCH Venture Partners raises close to $3B for early-stage biotech fund

by Charlotte Schubert on June 29, 2022June 29, 2022 at 3:55 pm

ARCH Venture Partners has closed a $2.975 billion fund targeted for early-stage biotech companies. The firm’s 12th venture fund comes on the heels of a nearly $2 billion fund announced… Read More

COVID-19 shots with Seattle origins reach regulatory milestones in South Korea, India

by Charlotte Schubert on June 29, 2022July 5, 2022 at 6:04 pm

Two COVID-19 vaccines with roots in Seattle cleared major regulatory milestones Wednesday. South Korea approved a shot developed by University of Washington researchers and Indian regulatory authorities issued an emergency… Read More

Biotech startups join AWS and other partners in open-source project to help design new proteins

by Charlotte Schubert on June 28, 2022June 28, 2022 at 9:44 am

Three Seattle biotech companies are joining forces to support open-access development of protein folding and design software. The project, called OpenFold, brings together Cyrus Biotechnology, Outpace Bio, and Arzeda, startups… Read More

‘I wouldn’t be an engineer without it’: UW program supports underserved STEM students

by Charlotte Schubert on June 27, 2022June 27, 2022 at 4:39 pm

A University of Washington program to support STEM students from low-income and underserved backgrounds is now nine years old. And it aims to spread the model to other institutions. The… Read More

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