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University of Washington

The University of Washington is a public research university in Seattle operating in higher education, research, and computer science; it...

Facts

HQ
University of Washington
Sectors
Higher Education, Research, Healthcare, Arts
Founded
1861
Registered name
University of Washington Seattle business license
Stage
Public

Seattle rises three spots to crack Startup Genome’s global top 10, backed by $3.59B in 2019 VC funding

Seattle climbed three places into Startup Genome’s global top 10 startup ecosystems, driven by strengths in AI, big data, analytics, life sciences and a strong startup genealogy from Microsoft, Amazon and the University of Washington. Venture funding reached a Seattle-area record of $3.59 billion in 2019, and the city ranks highly on performance, funding, market reach, talent, connectedness, knowledge and infrastructure.

University of Washington-Patented Electrostatic Foam Filter Halves Energy Use, Agentis Air to Commercialize Device

The University of Washington received a U.S. patent for an electrostatic air filtration technology that uses disposable foam cartridges to capture airborne pollutants, including viruses, while halving energy use and lowering maintenance. Agentis Air, a UW spinoff in Columbia, Md., is commercializing the system for homes and businesses and is working with testing labs to quantify pathogen removal.

Panda AI launches inside AI2 in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning in stealth mode

Panda AI is a stealth B2B startup launched inside the Allen Institute for AI (AI2) in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning, both former AI2 entrepreneurs-in-residence. The company — currently two employees with early access interest and Smartsheet co-founder Eric Browne as product advisor — aims to build next-generation tools for knowledge workers using recent AI breakthroughs.

WiBotic raises $5.7M Series A to scale wireless charging and fleet power software for robots and drones

Seattle-based WiBotic raised $5.7 million in Series A funding to accelerate development of its near-field wireless charging stations and fleet power-management software for robots and drones, bringing total funding to nearly $9 million. The company, spun out of the University of Washington five years ago, says its technology enables scalable, contactless charging useful for automated deployments and COVID-19–era social distancing.

Phase Genomics CEO Ivan Liachko shifts company to R&D focus after pandemic hits revenue; one furlough, no layoffs

Phase Genomics, a five-year-old University of Washington spinoff led by CEO Ivan Liachko, shifted to skeleton lab crews and remote work during the pandemic, cutting revenue and furloughing one employee while focusing R&D inward to adapt and continue innovating. The company is adjusting its genomics technology amid Seattle's biotech disruption and exploring ways to help with COVID-19 research.

Ex-DeepMind Engineers’ Startup Phaidra Raises $1.5M to Build In-House AI for Industrial Customers, Launches in Seattle

Stealth startup Phaidra, founded by ex-DeepMind engineers Jim Gao and Vedavyas Panneershelvam with industry veteran Katherine Hoffman, raised $1.5 million to build AI tools that let industrial companies develop in-house models while retaining data and IP. The four-person company chose Seattle for its mix of tech ecosystem and industrial roots and is currently building a beta product.

University of Washington-Bothell and iInnovate Network report: Seattle tech, health and life-sciences grew in 2019 but COVID-19 threatens startups

The fifth annual Seattle Tech Ecosystem Report from University of Washington-Bothell School of Business and iInnovate Network finds Seattle’s tech, health and life-sciences sectors continued growing in 2019, with STEM jobs, GDP and venture investment strength, but warns COVID-19 creates uncertain short- and long-term impacts on startups and hiring. The report highlights local resources and notes many startups face cash-runway pressures while major firms like Microsoft and Amazon may weather the crisis and gain share.

Magic Leap sued by Rainier Brewery owner for $52,547 in unpaid rent; landlord seeks possession (filed May 15)

Magic Leap, which raised over $2.6 billion and recently cut about half its workforce, is being sued by the owner of the Rainier Brewery building in Seattle for $52,547 in unpaid rent and to regain possession; the company closed its Seattle office affecting 39 workers. The suit was filed May 15 in King County Superior Court and follows the company's announced shift toward enterprise markets amid COVID-19 economic pressures.

T-Mobile, Intel and NASA launch 5G Open Innovation Lab in Bellevue to run 12-week non-equity startup accelerator

T-Mobile, Intel, and NASA launched the 5G Open Innovation Lab in Bellevue, Washington, a 12-week, non-equity startup program providing resources, capital, and partner collaboration to help entrepreneurs prototype and learn about 5G applications. The lab offers partners early access to cohort companies and aims to accelerate 5G-driven innovations across industries.

Michael “Luni” Libes launches Fledge in 2012 to fund mission-driven startups; program now in 10 locations with $3M+ invested

Michael “Luni” Libes founded Fledge in 2012 to accelerate mission-driven, for-profit startups with $15,000–$20,000 revenue-based investments and a two-month program; Fledge now operates in 10 locations and has raised and invested over $3 million while Libes also runs nonprofit Realize Impact and helped launch Decarbon8 and Investorflow.org.

Magic Leap to Close Seattle Office, Laying Off 39 Workers Starting June 21

Magic Leap has closed its Seattle satellite office and will lay off 39 workers beginning June 21, according to a Washington state WARN notice; the AR startup previously cut about half its workforce amid the COVID-19 pandemic. The Seattle outpost, led by chief futurist Neal Stephenson and co-founder Brian Schowengerdt, housed R&D and developer-relations teams.

Takeda buys Seattle startup PvP Biologics for up to $330M, will advance TAK-062 into Phase 2

Japanese pharmaceutical Takeda acquired Seattle biotech PvP Biologics for up to $330 million in late February, taking over its TAK-062 (Kuma062) program and all clinical and manufacturing activities while laying off PvP staff. Takeda plans to run phase 2 trials of the enzyme-based celiac disease treatment that PvP developed after earlier funding of $35 million supported phase 1 work.

OctoML raises $15M from Amplify and Madrona to scale TVM-based ML deployment tools

Seattle startup OctoML, spun out of the University of Washington and led by Apache TVM creators, raised $15 million from investors including Amplify and Madrona to expand its ML deployment software. The company, which launched a TVM-based SaaS called Octomizer, will use the funding to grow hiring and scale its optimizer for edge and cloud model deployment.

  • Oren Etzioni
    Oren Etzioni Executive, Former CEO, Founder and Emeritus Professor, Former Professor, Former Leader of TrueMedia
  • Avi Geiger Lecturer, Affiliate Assistant Professor, Electrical and Computer Engineering
  • Babak Parviz
    Babak Parviz Professor

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