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Creative Destruction Lab

Creative Destruction Lab is a nonprofit organization that runs startup accelerators focused on the commercialization of science and...

Facts

HQ
Toronto, Ontario, CA
Sectors
Venture Capital and Private Equity Principals
Founded
2012
Employees
722

Stoke Space CEO Andy Lapsa says he might not have started the rocket company in Washington today, citing politics, schools and tax proposals

Stoke Space CEO Andy Lapsa said he and his co-founder might not choose Washington state if they were starting the fully reusable rocket company today, citing a hostile political climate toward successful founders, insufficient state support for startups, struggling public schools, and proposed wealth taxes. He made the remarks during a keynote at a Seattle Space Week event urging Washington to do more to retain and attract next-generation founders.

Neuramill founders Nistha Mitra and Nick Khormaei build software to capture retiring machinists' know‑how; win six‑figure defense contract

Neuramill, founded last year by Seattle-born engineers Nistha Mitra and Nick Khormaei, is building software that captures veteran machinists' tacit knowledge to generate manufacturing plans for aerospace and defense shops. The startup has early traction including a six-figure contract with an unnamed prime defense contractor and pilot users such as Diamond Machine Works, VTN Manufacturing and Astranis.

TIME Ranks Northwestern’s The Garage No. 5 as 1 of 21 University-Linked Incubators on America’s 80 Best List

TIME’s inaugural list of America’s 80 Best Incubators and Accelerators includes 21 programs with university ties—five in the top 10—highlighting resources that connect MBA students to broader campus innovation ecosystems. Northwestern’s The Garage ranks No. 5, has supported 1,500+ startups that raised $1.6 billion and engaged about 2,000 students annually.

CoMotion announces Startup Spotlight at Seattle Tech Week featuring 25 UW and CoMotion-affiliated startups

Seattle Tech Week’s Startup Spotlight, hosted by CoMotion with Plug and Play and Creative Destruction Lab–Seattle, showcased 25 UW- and CoMotion-affiliated startups demonstrating innovations across AI, biotech, climate tech, fintech, robotics, and more. The expo highlighted lab-to-market progress from founders addressing challenges like PFAS destruction, drug discovery, autonomous systems, and financial inclusion.

Nineteen Startups Graduate from Creative Destruction Lab’s Seattle Accelerator, Raising Over $190 Million Since 2022

Nineteen startups graduated from the Creative Destruction Lab’s nine-month accelerator program in Seattle, hosted at the University of Washington’s Foster School of Business. The cohort includes companies from manufacturing and computational health sectors, and CDL-Seattle startups have collectively raised at least $190 million since 2022.

Seattle Startup Community Foundations Doubles Capitol Hill Space, Plans Bellevue Expansion to Support Growing Members

Seattle startup community Foundations, founded by Aviel Ginzburg, is doubling its Capitol Hill office space and planning an expansion in Bellevue to support its 236 members, including 55 founders-in-residence. The community offers a no-equity, no-fee environment that helps startups grow together, with recent graduates choosing to remain engaged as the program evolves.

Pack Ventures partners with University of Washington, raises $30M fund to back UW founders

Pack Ventures, an independent VC fund, has formalized a partnership with the University of Washington and CoMotion to support UW-affiliated startups, launch its second fund, and is raising $30 million with over 50 investors so far. Founder Ken Horenstein says the fund will lower investment barriers for alumni, attract faculty and students, boost philanthropy, and he has pledged up to 2% of his personal proceeds to the UW.

Seattle Tech Week Returns July 29 with Focus on AI Innovation and Healthcare, Backed by Madrona Ventures

Seattle Tech Week returns starting July 29, featuring panel discussions and networking events centered on AI innovations and healthcare advancements in the Seattle tech ecosystem, coordinated by Madrona Ventures and other sponsors. The event highlights Seattle’s strong presence in AI and biotech sectors with sessions led by local tech giants, researchers, and startups.

Pacific Northwest Life Sciences Update: Talus Bioscience Raises $9.75M, Kineta Merges with Yumanity, UW’s David Baker Launches Charm Therapeutics

Recent Pacific Northwest life sciences news includes Talus Bioscience raising $9.75 million, Kineta going public via merger with Yumanity, and UW's David Baker launching Charm Therapeutics. Key partnerships involve TwinStrand and Singular Genomics developing rare gene variant tests, and Umoja Biopharma partnering with TreeFrog Therapeutics for stem cell therapies.

Pack Ventures launches Seattle syndicate to back UW-linked startups, pledges 10% of future profits to University of Washington

Pack Ventures, a new early-stage Seattle VC, will invest $100K–$200K checks in startups tied to the University of Washington and has already backed five companies including Jeeva Wireless, Talus.bio and Monod Bio; the firm will return 10% of individual future profits to UW. The syndicate includes more than 35 founding investors from the Seattle VC and entrepreneur community and will target AI, robotics, computational biology, enterprise software and other high-growth areas.

Creative Destruction Lab to launch nine-month, equity-free Seattle accelerator with Microsoft and UW for 20–25 computational health startups this November

Creative Destruction Lab (CDL) is launching a Seattle hub this November at the University of Washington to run a nine-month, equity-free accelerator for 20–25 computational health startups in partnership with Microsoft and UW’s business, engineering, and computer science schools; UW students can shadow the program. The program is funded by founding members, enforces objective milestones with the possibility of booting nonperforming companies, and stems from UW’s Innovation Roundtable efforts led by Emer Dooley and others.

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