Facts
- HQ
- Seattle
- Sectors
- Venture capital, University-affiliated fund, Startup finance
- Founded
- 2011
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.
Athira Pharma raises $204M in IPO at $17/share, values company at ~$670M to advance Alzheimer’s drug NDX-1017
Seattle biotech Athira Pharma raised $204 million by selling 12 million shares in a Nasdaq IPO at $17 per share, valuing the company at about $670 million as it advances its lead Alzheimer’s therapeutic NDX-1017 into late-stage development.
UW Spinout AnswerDash Acquired by CloudEngage; AI Q&A Tool Joins Personalization Platform
Seattle startup AnswerDash, founded from University of Washington research by Jake Wobbrock, Amy Ko and Parmit Chilana, has been acquired by Spokane-based CloudEngage after nearly eight years. The AI-powered contextual Q&A tool will join CloudEngage’s web personalization and live chat offerings to help clients reduce support costs and improve customer experience.
