Fred Hutch Cancer Center

Fred Hutch is a Seattle-based cancer research and treatment center (Fred Hutchinson Cancer Center) that operates translational research...

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HQ
Puget Sound
Sectors
Medical research, Cancer research, Healthcare

Marc Whitten, ex-Microsoft Xbox exec, named president and CEO of Dolby Laboratories as Kevin Yeaman retires

Marc Whitten, a veteran of Microsoft, Sonos, Amazon, Unity, Cruise and Meta, was named president and CEO of Dolby Laboratories, succeeding longtime leader Kevin Yeaman. Fred Hutch announced leadership changes naming Dr. Lawrence Fong as senior VP and director of Translational Science and Dr. Andrew Hsieh as the inaugural endowed chair, and Microsoft AI saw executive departures including CMO Andréa Mallard.

Adaptive Biotechnologies’ Spinout Digital Biotechnologies Raises $15M Series A to Develop Clinical DNA Sequencing Instrument

Digital Biotechnologies, a Seattle-based subsidiary of Adaptive Biotechnologies, has raised up to $15 million in a Series A round to develop a novel clinical DNA sequencing technology. Adaptive will retain nearly half ownership as Digital Biotechnologies aims to create a high-accuracy, rapid, low-cost sequencing instrument for clinical use.

Seattle Startup Summit Highlights City's AI Strengths and Need for More Entrepreneurial Energy

At the inaugural Seattle Startup Summit, leaders like Statsig CEO Vijaye Raji and Acquired podcast co-host Ben Gilbert highlighted Seattle's strong AI ecosystem, anchored by tech giants Amazon and Microsoft, and specialization in biotech and disease research. Despite this, they noted the city could benefit from cultivating a more vibrant entrepreneurial culture to maximize its potential in AI innovation.

Seattle’s Deverra Therapeutics Raises $2.4M to Develop Cellular Immunotherapies with Fred Hutch License

Seattle biotech startup Deverra Therapeutics, founded by oncologist Colleen Delaney, is raising $2.4 million through debt and warrants to advance its cellular immunotherapy platform licensed from Fred Hutch. The company recently secured $3.5 million from the Andy Hill CARE Fund and licensed an immuno-oncology platform from Coeptis Therapeutics for $570,000 plus shares.

Five Finalists for 2022 GeekWire Health Innovation of the Year Include A-Alpha Bio and UW Institute for Protein Design

The 2022 GeekWire Health Innovation of the Year finalists include A-Alpha Bio, Parse Biosciences, Tasso, Truveta, and the University of Washington’s Institute for Protein Design, highlighting advances in computational health approaches. Winners will be announced on May 12 at the GeekWire Awards, with community voting open until April 22.

Andreessen Horowitz, Madrona and other tech VCs ramp up bets on AI-driven biotech startups as founders from software enter life sciences

Tech venture capital firms like Andreessen Horowitz and Seattle’s Madrona Venture Group are increasingly investing in life-science startups that use AI, machine learning and data science to speed drug discovery and development. Investors are following founders who transitioned from software to biotech—such as Sujal Patel of Nautilus and Terry Myerson of Truveta—seeing reduced perceived risk and new opportunity at this intersection.

Cloudentity Names Jason Needham as CEO After $13M Series A; Leafly Appoints Suresh Krishnaswamy as CFO; Chris Suh Joins Cardlytics Board; Three Named HHMI Investigators

Seattle startup Cloudentity named Jason Needham, ex-CloudCoreo and VMware multi-cloud security lead, as CEO and board member after a $13M Series A; Leafly hired Suresh Krishnaswamy as CFO as it prepares for a SPAC, and Microsoft CVP Chris Suh joined Cardlytics' board. Trevor Bedford, Frederick Matsen IV and David Veesler were named 2021 HHMI Investigators, each receiving roughly $9M over seven years.

Study Finds Seattle Startup Tasso’s Tasso‑SST Self‑Collection Device Matches Venous COVID‑19 Antibody Results

A study led by Seattle researchers found the Tasso-SST self-administered upper-arm blood collection device produced antibody results nearly identical to venous draws and worked for a high proportion of users, even after simulated 48-hour shipping. The device, made by Seattle startup Tasso, could replace some clinic blood draws for COVID-19 antibody testing.

Ozette, a Fred Hutch spinout incubated at AI2, raises $6M seed to scale AI immune-monitoring platform

Ozette, a Seattle biotech spun out of Fred Hutch and incubated at AI2, raised a $6 million seed round to scale its eight-person team and commercialize an AI-driven Immune Monitoring Platform that analyzes high-dimensional single-cell protein data, initially focused on cancer. The founders say the platform automates analysis of billions-to-trillions of protein-expression combinations and increases usable information from roughly 10% to 100% of study data.

University of Washington taps Justin Dunnicliff as NSIN university program director; Meredith Han named VP of Product at FlyHomes

The University of Washington partnered with the Department of Defense’s National Security Innovation Network (NSIN) and named UW alumnus Justin Dunnicliff as university program director to run NSIN programs at UW, connecting students to DoD-related research and employment opportunities. The article also notes Meredith Han, an early Amazon employee and angel investor, has become VP of product at FlyHomes.

Lumen Bioscience raises $16M Series B to scale Spirulina platform for orally delivered antibodies; total funding $68M

Lumen Bioscience raised $16 million in a Series B to advance its Spirulina-based platform that produces orally delivered antibodies and biologics for GI diseases, claiming dramatically lower costs and three clinical programs. The Seattle startup, co‑founded in 2017 by CEO Brian Finrow and CSO Jim Roberts, has partnerships with the Gates Foundation, NIH and others and has raised $68 million to date.

Nautilus Biotechnology raises $76M Series B led by Vulcan Capital; Bezos Expeditions among investors, total funding tops $100M

Nautilus Biotechnology, co-founded by Stanford scientist Parag Mallick and Isilon co-founder Sujal Patel, revealed a platform to study the human proteome and announced a $76 million Series B led by Vulcan Capital with participation from Bezos Expeditions, Perceptive Advisors and others. The round brings total funding above $100 million for the 50-person startup as it exits stealth to accelerate proteomics-driven therapeutics development.

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