Seattle City Council President Sara Nelson ‘very worried’ about fallout from food delivery shake-up
GeekWire
by Taylor Soper
9h ago
Seattle City Council President Sara Nelson. (CIty of Seattle Photo) A controversial new minimum wage law for gig workers in Seattle that is drawing ire from tech giants has become one of Sara Nelson’s first policy issues to tackle in her new role as city council president. Nelson, elected to the council in 2021 and appointed as president in January, spoke to GeekWire this week about the ordinance that went into effect last month and sets a minimum per-minute and per-mile amount for app-based workers. DoorDash and Uber Eats responded by adding substantial new fees for consumers ..read more
Visit website
Flexport relaunches Convoy trucking marketplace after acquiring tech from Seattle startup
GeekWire
by Taylor Soper
14h ago
(Convoy File Photo) Convoy’s digital marketplace is back on the market following the demise of the Seattle startup and subsequent technology acquisition by Flexport. Logistics giant Flexport this week launched the “Convoy Platform” that connects shippers and truckers. The launch comes less than four months after Flexport acquired technology assets from Convoy, a one-time Seattle startup darling that reached a $3.8 billion valuation in 2022 before its surprising collapse late last year. “I’m so proud to see Convoy’s technology platform and marketplace relaunch this week within Flexport,” Convoy ..read more
Visit website
Seattle tech leaders lament departure of Techstars but remain bullish on new opportunities
GeekWire
by Taylor Soper
14h ago
The tenth Techstars Seattle cohort gathers after Demo Day in 2019 at Seattle’s Museum of History and Industry. (GeekWire File Photo / Taylor Soper) Techstars Seattle is done. What does it mean for the city’s startup ecosystem? That’s a question on our minds in the immediate aftermath of the surprising news this week from Techstars to shut down its Seattle program. “It’s a serious loss for our remarkable community,” Isaac Kato, former Techstars Seattle managing director, told GeekWire. More than 160 startups participated in the core Techstars Seattle accelerator since it launched in 2010. The p ..read more
Visit website
Healionics lands $5.5M to complete human trial of artificial blood vessel for dialysis patients
GeekWire
by Kurt Schlosser
1d ago
Healionics’ STARgraft vascular graft acts as an artificial blood vessel for dialysis patients. (Healionics Photo) Healionics, a Seattle-based medical technology company, raised $5.5 million in new financing aimed at helping the company complete an ongoing human trial and pursue regulatory clearance and commercialization of its artificial blood vessel for kidney dialysis patients. The investment was led by Keiretsu Capital, which previously led a $4.7 million round in 2021. Healionics also raised $3.8 million for its tech in 2019. Founded in 2007 and led by CEO Mike Connolly, Healionics has bee ..read more
Visit website
Maritime marketplace and software platform OpenTug raises $3.1M
GeekWire
by Kurt Schlosser
1d ago
Tugboats guide a container ship at the Port of Seattle. (GeekWire File Photo / Kurt Schlosser) OpenTug, Seattle-based makers of marine transportation logistics software, has raised $3.1 million in seed funding, the company announced Thursday. The fresh cash will be used to further develop OpenTug’s maritime marketplace and software platform and grow its network of shippers and service providers. The investment was led by Entrada Ventures out of Southern California. OpenTug’s marketplace gives shippers access to thousands of barges, tugs, and terminals across more than 25,000 miles of marine hi ..read more
Visit website
Energy secretary joins Sen. Maria Cantwell in visit to Washington state’s burgeoning battery hub
GeekWire
by Lisa Stiffler
1d ago
Group14’s new factory in Moses Lake, Wash., is taking shape and should be operational in later 2024. (Group14 Photo) U.S. Energy Secretary Jennifer Granholm, Washington Sen. Maria Cantwell and Washington Gov. Jay Inslee traveled to Eastern Washington Thursday to visit companies leading the state’s rapidly expanding battery hub. Their tour included stops at Group14 Technologies and Sila, which are building factories that will produce next-generation materials designed to make lithium ion batteries — including those found in electric vehicles — more powerful and faster charging. Both companies p ..read more
Visit website
Computer science education bill would add new graduation requirements in Washington state
GeekWire
by Nathalie Graham
1d ago
Photo by Desola Lanre-Ologun on Unsplash. Washington state is a leader in technology. Yet, Washington is falling behind when it comes to educating young people about computer science.  A bill making its way through the legislature seeks to remedy these shortcomings by adding computer science learning standards to the state’s graduation requirements. Students in the graduating high school class of 2029 would need to demonstrate their competency in these areas either through completing a computer science class, a class which embeds computer science learning standards, or by taking a test.&n ..read more
Visit website
Finpilot, a Seattle startup using generative AI to help financial analysts with research, raises $4M
GeekWire
by Taylor Soper
1d ago
Finpilot co-founders Lakshay Chauhan (left) and John Alberg. (Euclidean and LinkedIn Photos) Seattle startup Finpilot raised a $4 million investment round led by Madrona to help fuel its “ChatGPT for financial questions” software. The company’s aim is to help financial analysts speed up their investment workflows. It lets users ask questions about financial documents —  SEC documents, call transcripts, research reports, etc. — and spits out answers immediately. The answers are linked to original sources to avoid hallucination. “It is like using ChatGPT but for finance-specific use cases ..read more
Visit website
Crypto startup EigenLayer, led by a former Univ. of Washington professor, raises $100M from a16z
GeekWire
by Taylor Soper
2d ago
EigenLayer founder Sreeram Kannan. (UW Photo) EigenLayer, a Seattle-based blockchain infrastructure startup, raised a $100 million Series B round from Silicon Valley heavyweight Andreessen Horowitz (a16z). Founded in 2021, EigenLayer is developing an Ethereum-related technology known as “restaking.” The company has not yet launched its product but is generating plenty of attention — and investment dollars. Here’s how the company describes its tech, via a blog post: “EigenLayer provides blockchain developers with access to the highly crypto-economically secure and decentralized network that po ..read more
Visit website
‘Let’s go!’ Jeff Bezos gets revved up when Blue Origin raises up its New Glenn rocket
GeekWire
by Alan Boyle
2d ago
Blue Origin CEO Dave Limp and founder Jeff Bezos get a look at New Glenn. (Blue Origin via LinkedIn) For the first time, Jeff Bezos’ Blue Origin space venture lifted up an orbital-class New Glenn rocket on its Florida launch pad — with the billionaire boss keeping watch. “Just incredible to see New Glenn on the pad at LC-36,” Bezos wrote today in an Instagram post that referred to Launch Complex 36 at Cape Canaveral Space Force Station. “Big year ahead. Let’s go!” Blue Origin’s CEO, Dave Limp, agreed that the sight was incredible. “Its size alone — more than 30 stories high and a 7-meter diame ..read more
Visit website

Follow GeekWire on FeedSpot

Continue with Google
Continue with Apple
OR