Fred Hutchinson Cancer Center

Fred Hutch Cancer Center is an independent, nonprofit cancer research and care center based in Seattle and an NCI-designated cancer...

Facts

HQ
Federal Way
Sectors
Healthcare, Medical research, Cancer research
Founded
1976

Seattle Outpaces Toronto as Superior Tech Hub Despite Toronto's High-Valued AI Startups Amid ALCS Baseball Rivalry

Seattle and Toronto, both strong tech hubs, are compared on various metrics like talent rankings, corporate presence, and startups, with Seattle leading in corporate tech depth and number of unicorns, while Toronto boasts high-value AI startups like Cohere. Seattle ranks higher globally and has more engineering centers from major US tech firms, though Toronto shows strong growth in AI and security startups.

Fred Hutch-Led Synthesize Bio Raises $10M to Accelerate Drug Discovery Using AI Gene Expression Model

Seattle-based Synthesize Bio, led by Fred Hutchinson Cancer Center researchers, raised $10 million from Madrona to accelerate drug discovery using their AI model GEM-1, which predicts gene expression outcomes with lab-level accuracy. The startup aims to reduce drug development time and costs by simulating hypothetical lab experiments with generative genomics.

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.

Seattle's Dexter Yard Develops into Major South Lake Union Biotech Cluster with Outpace Bio and Allen Institute

Seattle's Dexter Yard has become a growing biotech and life sciences hub, attracting companies like Outpace Bio and the Allen Institute with 528,000 square feet of new lab and office space. The area, located in South Lake Union, is part of a larger regional expansion of science facilities supported by major real estate developments and significant biotech investment.

Seattle Startups Karat and Common Room Hire New Execs; Microsoft Veteran Peter Petesch Departs After 32 Years

Seattle startups Karat and Common Room have hired new executives, with Karat appointing Scott Bonneau as EVP of operations and product, and Amy Sennett as general counsel, while Common Room brought on Matt Duchesne as VP of sales. Additionally, longtime Microsoft engineering leader Peter Petesch departed after 32 years, and Seattle-based Skytap hired Rahul Tripathi as chief product and technology officer.

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.

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.

Affini-T Therapeutics launched by Fred Hutch scientists including Juno co-founder Philip Greenberg to develop engineered TCR cancer therapies

Affini-T Therapeutics, founded by Fred Hutch scientists including Philip Greenberg (a Juno co-founder), Aude Chapuis and Thomas Schmitt, launched to develop T cell receptor (TCR) cancer immunotherapies that add engineered CD8 co-receptors and other gene edits. The Boston-headquartered company, led by CEO Jak Knowles, was unveiled at the J.P. Morgan Health Care Conference and will operate a research lab in Seattle.

Life Science Washington CEO Leslie Alexandre to retire after leading state’s biotech resurgence as 2021 IPOs raise hundreds of millions

Leslie Alexandre, president and CEO of Life Science Washington, is retiring after five years leading the group during a period of strong growth in Washington state's biotech sector that recovered from a 2016 slump. The region has seen several major biotech IPOs in 2021 (including Sana Biotechnology's $587M, Absci's $200M, and Icosavax's $180M+), growing research strength and recognition as an emerging biotech market.

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.

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