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Brookings-Affiliated Report Says Seattle Must Diversify Beyond Big Tech; Only 33 of 303 Startups Grew Past 50 Employees
A 127-page Brookings-affiliated report led by Ryan Donahue urges Seattle to diversify its tax base away from a few large tech firms by cultivating startups in AI, green energy and maritime industries and helping them scale into midsize companies that remain local. The report warns Seattle currently struggles to grow and attract midsize firms—only 33 of 303 local tech startups (2015–2019) exceeded 50 employees and the city added just 16 net new midsize tech companies (2017–2023)—leaving its economy vulnerable and heavily reliant on a handful of firms that fund most JumpStart tax revenue.
Brinc Unveils Lemur 2 Drone with Advanced Features, Raises $80M, and Hires Ex-Amazon Engineers Amid US DJI Blacklist
Seattle-based drone startup Brinc unveiled its Lemur 2 drone featuring 3D mapping and obstacle avoidance, aiming to support public safety agencies amid U.S. efforts to blacklist Chinese drone maker DJI. Founded by Blake Resnick, Brinc has hired former Amazon Prime Air engineers and raised $80 million to compete with well-funded rivals like Skydio.
CityBldr CEO Bryan Copley Battled COVID-19 in March While Running His $6M Seattle Startup in Capitol Hill Protest Zone
CityBldr CEO Bryan Copley contracted COVID-19 in March and recovered while simultaneously managing his eight-person Seattle startup, which sits in the midst of the city's protest zone; his company has raised $6 million and his account illustrates the personal and business strains of the pandemic and social unrest.
Week in Geek: The Uber of dating
Tired of the dating scene? Exclusive dating app League is hoping so, and it’s bringing its Uber of dating to Seattle. Plus, a ride-along with Seattle Police as they enforce the new Washington state distracted driving law and what truck drivers think of startup Convoy and the emergence of automated vehicles. Follow all our coverage and read the stories we talked about this week at GeekWire.com Thank you to this week's sponsors: The University of Washington's Human Centered Design and Engineering department. Learn more: www.hcde.washington.edu. And Hughes Marino, the commercial real estate company now expanding to Seattle. Learn more: hughesmarino.com…
