Facts
- HQ
- Seattle, Washington, US
- Sectors
- Computer and Network Security
- Founded
- 2024
- Employees
- 297
- Stage
- Series C
Helion’s $465M Series G Values Everett Fusion Firm Above $15B, Tops Seattle-Area 2Q VC Deals
Everett fusion-energy company Helion led greater Seattle-area 2Q venture capital deals with a $465 million Series G that valued it above $15 billion, making up nearly one-third of the region’s $1.5 billion in 2Q funding amid a year-over-year decline from $2.3 billion in 2Q 2025.
Seattle Startups Raise $2.7B in H1 2026 — Down 40% Year‑Over‑Year While U.S. VC Hits Record $412.7B
Seattle-area startups raised $2.7 billion across 163 deals in H1 2026, a roughly 40% drop from $4.5 billion a year earlier, as national venture funding surged to a record $412.7 billion driven largely by AI mega-rounds that Seattle’s pure-play AI companies did not capture.
Starcloud Becomes Fastest Y Combinator Unicorn at $1.1B as Fusion Leader Helion Tops GeekWire 200 with $15.5B Valuation
The latest GeekWire 200 highlights a shift in the Pacific Northwest startup scene toward physical products like rockets, fusion reactors, and space-based data centers, with Starcloud becoming the fastest Y Combinator unicorn valued at $1.1 billion. Helion maintains the top spot with a $15.5 billion valuation, while notable companies like Stoke Space, Overland AI, and new unicorn XBOW also make significant moves.
2026 World Changing Ideas: Xbow and Dewey Labs Win for AI Tools That Fight Hackers and Improve Site Search
The 2026 World Changing Ideas Business Products and Services winners highlight AI-driven solutions that help companies combat cyberattacks, improve site search accuracy, and accelerate processes like clinical trials. Examples include Xbow’s AI-enabled offensive cybersecurity platform and Dewey Labs’ AI site search, which improved user success rates in pilots.
XBOW Raises $35M from NVIDIA, Samsung, and SentinelOne, Totaling $155M in Series C for Autonomous Cybersecurity Platform
XBOW, a cybersecurity startup founded by GitHub Copilot creator Oege de Moor, raised an additional $35 million in its Series C round, bringing the total to $155 million with investors like NVIDIA, Samsung, and SentinelOne. Although headquartered in Seattle by address—a mailbox at a coworking space—the company operates remotely with employees worldwide and its founder based in Malta.
Seattle Startups Raised $1.5B in Q1 2026 with Lowest Deal Count Since 2020, Ranking 7th in VC Capital Invested
Seattle-area startups raised $1.5 billion across 69 deals in Q1 2026, marking the lowest deal count since mid-2020 amid a trend of larger funding rounds concentrated in fewer companies, particularly in AI. The Seattle region ranked seventh nationally by capital invested but tenth by deal count, reflecting a national pattern of venture capital focusing on a small number of high-profile startups.
People
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Oege de Moor Founder, CEO and founder
