Facts
- HQ
- Vancouver, Wash.
- Sectors
- Biotechnology, Artificial Intelligence, Drug discovery
- Stage
- Clinical-stage
Jay Choi Named CEO of Typeform; Charley Daitch CEO of Rowan Digital Infrastructure; Allison Arnold Joins VertueLab Board
Jay Choi, former Qualtrics executive, is now CEO of Typeform, while Charley Daitch, ex-AWS director, became CEO of Rowan Digital Infrastructure, and Allison Arnold joined VertueLab's board.
The Collapse of Silicon Valley Bank
What was previously a point of pride on Silicon Valley Bank's website now reads like a warning sign: nearly half of U.S. venture-backed technology and life sciences companies bank with the financial institution. Financial regulators on Friday morning shut down Silicon Valley Bank and put it in the hands of the FDIC, a jaw-dropping move that has created a crisis for startup founders and their financial backers. Based in Santa Clara, Calif., Silicon Valley Bank has long been a key player in the Seattle region. GeekWire's reporting suggests that the percentage of tech startups in the Seattle area that used…
Neoleukin Therapeutics Cuts 70% of Workforce, CEO Jonathan Drachman to Step Down Amid Strategic Review
Neoleukin Therapeutics is cutting about 70% of its workforce and exploring strategic alternatives including sale or merger, with CEO Jonathan Drachman stepping down. The company’s stock rose by over 30% following the announcement.