Impinj
Facts
- HQ
- Seattle, Washington
- Sectors
- Information Technology & Services
- Founded
- 2000
- Type
- Corporation Seattle business license
- Employees
- 448
- Registered name
- Impinj Inc Seattle business license
- Stage
- Public
GeekWire Podcast: Seattle startup funding falls 40% in H1 2026 as AI redirects venture capital; Kalshi court setback and Impinj marks decade on Nasdaq
The GeekWire Podcast reports Seattle startup funding fell about 40% in H1 2026 as AI redirected venture capital, plus coverage of a Seattle judge rejecting Kalshi's federal defense, Impinj's 10th year on the Nasdaq after 26 years of growth, and nearly 40 locals trying a five-week smartphone detox.
Impinj CEO Chris Diorio rings Nasdaq bell as RFID chipmaker marks 10th IPO anniversary after growing to $4.2B market cap
Impinj, maker of tiny battery-free RFID chips embedded in over 160 billion items, celebrated the 10th anniversary of its IPO as CEO Chris Diorio rang the Nasdaq bell; the Seattle company commands about two-thirds of its market, grew from a $250 million IPO valuation to a $4.2 billion market cap, but has reported only one profitable year and carries a $400 million accumulated deficit.
Madrona celebrates Impinj’s 10th IPO anniversary, remembering founders Carver Mead and Chris Diorio and their low-power transistor breakthrough
Impinj marked the 10th anniversary of its IPO, and Madrona celebrates its long partnership with the company dating back to its founding in 2000 by Carver Mead and Chris Diorio. The piece highlights Mead's influential contributions to semiconductor industry and neuromorphic computing and explains that Impinj originated from their work on low-power, low-cost field-tunable transistors.
Former Impinj CEO Bill Colleran named CEO of Seattle AI startup Adronite after $5M Series A
Veteran tech executive Bill Colleran has been named CEO of Seattle AI coding startup Adronite, succeeding co-founder Edward Rothschild who becomes CTO; the 15-person company raised a $5 million Series A and builds tools to help developers and AI understand whole codebases. Colleran brings 35+ years of semiconductor and enterprise technology experience, including leading Impinj and selling Innovent Systems to Broadcom for about $500 million.
Adronite Names Dr. William Colleran CEO to Advance AI Coding with Codistry and ACE Technology
Adronite appointed Dr. William Colleran as CEO to drive growth while founder Edward Rothschild becomes CTO focusing on AI coding innovation with their Codistry and ACE technologies. The company aims to help developers manage complex software systems by providing AI agents with deep codebase context to improve code quality and efficiency.
Seattle Downtown Jobs Decline to 2018 Levels Amid Rising Business Taxes and Post-Pandemic Economic Shifts
Seattle's downtown employment, which peaked at over 340,000 jobs in 2019, has declined to about 317,000 since the pandemic despite improvements in public safety and visitor numbers. Rising business taxes, including the JumpStart tax and gross revenue tax changes, combined with nationwide corporate headcount reductions, are contributing to the slowdown in the city's traditional economic engine.
New EVP of Enterprise Solutions Joins Impinj to Boost RAIN RFID Market Leadership
An executive has joined Impinj as Executive Vice President of Enterprise Solutions, aiming to advance the company's leadership in RAIN RFID technology and deliver integrated hardware, software, and cloud solutions globally. The executive praises Impinj's strong leadership, innovative culture, and commitment to impactful problem-solving.
Susan Kaech Named Executive VP at Allen Institute; Arthur Valdez Joins Impinj Board; Jason Bennett Shifts to AWS VP Role
Susan Kaech joins the Allen Institute as executive VP of the Immunology Moonshot; Arthur Valdez Jr. joins Impinj's board; Jason Bennett transitions to VP of worldwide startups and venture capital at AWS. These leadership changes reflect strategic moves across bioscience, RFID technology, and cloud services sectors.
Impinj Shares Rise 20% After Q2 Revenue Beats Estimates at $97.9M, Net Income Rises to $11.6M
Impinj's shares jumped over 20% after reporting Q2 revenue of $97.9 million, surpassing expectations despite a slight year-over-year decline. The company also posted a GAAP net income increase to $11.6 million and emphasized its focus on technology leadership and market expansion.
Seattle Solar Startup Omnidian Hires Former Impinj CFO Evan Fein After Raising $87M
Seattle solar startup Omnidian appointed Evan Fein, former Impinj leader, as CFO following its $87 million funding round and acquisition of Australia's largest solar service network. The company aims to expand internationally and diversify into new renewable energy services using its solar performance management software.
GeekWire Week in Review: Bill Gates Pledges $200B, Statsig Hits $1.1B Valuation, Seattle Startups Raise Millions in May 2025
This GeekWire Week in Review highlights top tech stories including Bill Gates' $200 billion philanthropy pledge, Seattle startups raising significant capital, and the emergence of new AI-driven unicorn Statsig valued at $1.1 billion. It also covers local news like a controversial Washington EV tax and cultural moments involving Seattle figures.
Impinj Stock Surges 20% After Q1 Revenue of $76.8M and $45M Patent Settlement Boosts Net Income to $33.3M
Impinj's shares rose 20% after reporting Q1 revenue of $76.8 million, beating analyst estimates, and a GAAP net income of $33.3 million boosted by a $45 million patent litigation settlement.
2024 GeekWire Awards CEO of the Year Finalists Include Leaders from Lexion, Common Room, Edge Delta, Statsig, and Mason
The 2024 GeekWire Awards CEO of the Year finalists are software veterans leading startups focused on enterprise solutions such as AI-powered contract management, data analysis, and A/B testing. These finalists include Gaurav Oberoi of Lexion, Linda Lian of Common Room, Ozan Unlu of Edge Delta, Vijaye Raji of Statsig, and Nancy Xiao of Mason.
Lassen Peak Raises $6M from Madrona to Advance Handheld Terahertz Weapon Detection Device
Lassen Peak, a Bellevue-based startup developing a handheld terahertz radar device for concealed weapon detection, raised $6 million from Madrona Venture Group, bringing its total funding to $32 million. The device aims to improve public safety by enabling law enforcement and others to detect weapons at a distance without physical pat-downs.
Yifan Zhang Joins AI2 Incubator as Managing Director; Dropbox, Marchex, and Seattle Startups Appoint New Tech Leaders
Yifan Zhang, former Loftium co-founder, is joining the AI2 Incubator as managing director starting February 2024, while several Seattle tech companies made key executive hires including Dropbox, Marchex, Simply Augmented, and Chainguard.
GeekWire Names Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4 as 2023 Workplace of the Year Finalists
The 2023 GeekWire Awards announced five finalists for Workplace of the Year—Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4—highlighting their employee-friendly policies amid recent challenges. Winners will be revealed on May 18 following community voting and judge evaluations.
Flexe CTO David Glick Departs; Impinj Appoints Cathal Phelan as Chief Innovation Officer; FlyHomes and VertueLab Announce New Executives
David Glick resigned as CTO of Flexe after nearly four years, passing leadership to Anthony Girolamo, while Impinj named Cathal Phelan as chief innovation officer. Additionally, Seattle's FlyHomes and Portland's VertueLab announced key executive appointments.
UW Student Team Wins 2022 Madrona Prize for VOCAL Video Analysis Tech at Paul G. Allen School Showcase
A University of Washington student team won the 15th annual Madrona Prize for developing VOCAL, a video analytics system that extracts text-based data from unlabeled videos. The winning project, led by Ph.D. students Maureen Daum, Enhao Zhang, and Dong He, demonstrates strong research and commercial potential in video search technologies.
Seattle Startup Deako Raises $13.4M, Total Funding $49.7M to Expand Smart Light Switch Technology
Seattle-based smart light switch maker Deako raised $13.4 million in new funding, bringing total investment to $49.7 million. Founded in 2015, Deako's technology enables smart home lighting integration using existing wiring and is growing despite a volatile housing market.
Madrona Venture Group Opens Silicon Valley Office to Expand Investments Beyond Pacific Northwest
Seattle-based Madrona Venture Group is expanding beyond the Pacific Northwest by opening its first Silicon Valley office to increase investments outside its home region. Since 2019, the firm has raised over $261 million for an acceleration fund targeting more mature companies across North America, with about 15% of its portfolio now outside the Pacific Northwest.
Washington State Tech Leaders Optimistic as $52 Billion Semiconductor Funding Arrives Through CHIPS and Science Act
Washington state tech leaders, including Lewis Johnson of NLM Photonics, are optimistic about the CHIPS and Science Act, which provides $52 billion for semiconductor companies and institutions. The act is expected to ease funding challenges and reduce investment risks in the costly, long-term development of semiconductor technology.
Former Rover CTO Scott Porad named Dolly’s first CTO as Dolly plans headcount, sales expansion; Regi Vengalil to become Metromile CFO in May
Scott Porad, former Rover CTO, has joined Seattle peer-to-peer moving app Dolly as its first chief technology officer as the startup plans to double headcount and sales; Regi Vengalil will leave Egencia in May to become CFO of Metromile, a pay-per-mile insurer.
Startup Haven launches Startup Haven Ventures, adds Westerdal, Yu and Mbemba; PSL promotes three; Adam Selipsky named AWS CEO
Startup Haven, founded by Bob Crimmins, launched Startup Haven Ventures and expanded its team to include Jay Westerdal, Arry Yu and Claudius Mbemba; the fund targets pre-seed, capital-efficient companies with a Pacific Northwest focus and made its first investment in Verdi. Seattle’s Pioneer Square Labs promoted Palvi Mehta, David Zager and Ben Gilbert; separately, Tableau CEO Adam Selipsky will become AWS CEO, replacing Andy Jassy.
Madrona Venture Group Raises $345M for 8th Fund and $161M for 2nd Later-Stage Fund in Largest Ever $500M Capital Raise
Madrona Venture Group raised over $500 million for its largest fundraise ever, including $345 million for an eighth early-stage fund targeting 35-40 Pacific Northwest startups and $161 million for a second later-stage Acceleration Fund. The firm continues to focus on supporting the Pacific Northwest tech ecosystem while also backing later-stage companies across North America.
Tom Alberg invested in Amazon’s 1995 seed round, joined its board and co-founded Madrona to build Seattle’s tech scene
Tom Alberg invested in Amazon’s 1995 seed round, joined its board, and later co-founded Madrona Investment Group to back Pacific Northwest internet startups, helping shape Seattle’s tech ecosystem. His early bets and leadership influenced regional tech growth and left a legacy noted by Jeff Bezos and others.
People
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Chris Diorio Founder, CEO, Founder
