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Impinj Reports Second Consecutive Post-IPO Earnings Beat with $1.9M Profit on $31M Revenue
Impinj, a Seattle-based RFID company, exceeded Wall Street expectations for the second consecutive quarter post-IPO, reporting $1.9 million non-GAAP profit on $31 million revenue. The company forecasts continued profitability and revenue growth in the upcoming quarter, with stock up over 80% since its July IPO.
By Yahoo! Finance
See all 9Hubble Network raises $200M Series C at $1.6B valuation, opens satellite Bluetooth constellation to GA
Hubble Network raised $200 million in a Series C at a $1.6 billion valuation and opened its satellite Bluetooth constellation to general availability, bringing total funding to $300 million. The Seattle startup plans to expand from six to 60 satellites by 2030 and enables devices to send location and sensor data globally via Bluetooth LE without cellular modems, GPS, or dedicated satellite hardware.
Strivve Names Chartway Ventures Lead Investor in Expected Final CUSO-Backed Capital Raise; Velera and Reseda Join
Strivve announced Chartway Ventures as the lead investor in its expected final capital raise, joined by Velera and Reseda Group, through its CUSO subsidiary Strivve CUSO LLC. The funding will support expansion of Strivve's card-on-file placement across more issuers and online merchant and bill-pay destinations.
Buywander raises $21M Series A from Madrona Venture Group and Inspired Capital, total funding $28M
Buywander, an auction marketplace for returned and overstock retail inventory, raised $21 million in a Series A led by Madrona Venture Group and Inspired Capital, bringing total funding to $28 million. The Seattle-based startup—launched in 2023 by Jordan Allen and Brock Kowalchuk—will use the capital to expand nationally, invest in technology, and grow its leadership team.
