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See all 6TriMagnetix raises $1M to develop nanomagnet chips claiming 800× lower energy use and radiation resistance for space
TriMagnetix, a two-person Seattle startup, raised $1 million to develop nanomagnet-based chips that early tests show could use 800× less energy than conventional processors, with built-in radiation resistance making them promising for space and other harsh environments.
Booking Holdings launches Seattle AI travel startup Vayo with $100M planned investment and private beta
Booking Holdings launched Vayo, a Seattle-based AI travel startup led by Mike Fridgen that offers travel-focused AI agents to manage itineraries, monitor bookings, and make reservations; the company plans to invest $100 million and opened a private beta waitlist.
Flexport and Freightmate AI Settle Trade-Secrets Suit; Freightmate Allowed to Continue Selling Products
Flexport sued Bellevue startup Freightmate AI for alleged trade-secret theft, but the parties reached a confidential settlement two weeks before trial allowing Freightmate to keep selling its products and resolving monetary claims; Freightmate’s founders previously worked at Flexport and the startup had raised about $5.65 million.
