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TriMagnetix 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.
Overland AI unveils IBEX autonomous vehicle selected by U.S. Marine Corps for counter-drone and hazardous battlefield missions
Overland AI introduced IBEX, a fully autonomous ground vehicle that the U.S. Marine Corps selected for counter-drone air defense and hazardous battlefield tasks like resupply, breaching, and electronic warfare, designed to operate independently with onboard sensors and software even when communications are jammed.
Nscale doubles Bellevue office to ~46,000 sq ft at The Eight, signaling major U.S. engineering expansion
Nscale has expanded its Bellevue office commitment at The Eight tower from one floor to two, totaling about 46,000 rentable square feet, signaling the London-based AI infrastructure startup plans to scale its U.S. engineering hub well beyond its current ~50 Seattle-area employees. The phased lease opens one floor in January 2027 and a second in June 2027, reflecting an aggressive growth posture for a company founded in 2024.
Eluum — founded by Bilkay Rose, Dale Rector, and Jennifer Gianola — builds a user-controlled “human memory layer” to unify scattered digital photos and posts
Eluum, a Seattle startup co-founded by Bilkay Rose, Dale Rector, and Jennifer Gianola, is building a user-controlled “human memory layer” to unify scattered photos, posts, and other digital artifacts into evolving life stories using features like an AI companion called Lumi and a MyLifeStory tool.
