James Thorne
James Thorne is a Seattle-based journalist and photographer who graduated from NYU in business and economics journalism, and has written for Reuters, CNBC, and Financial Planning.
Seattle Startup Picnic Raises $5M Seed Funding for Pizza-Making Robot Assembling 300 Pizzas Per Hour
Seattle startup Picnic raised $5 million in a seed round to advance their pizza-making robot, which can assemble 300 pizzas per hour and has attracted global interest. The funding will help develop the next version and expand pilot programs, addressing labor shortages in the food industry.
Apptio CEO Sunny Gupta to receive $196 million as Vista Equity closes $1.94B take-private at $38 per share
Apptio CEO and co-founder Sunny Gupta stood to receive about $196 million after Vista Equity Partners completed a $1.94 billion buyout at $38 per share, a 53% premium over Apptio's market price.
Providence Ventures, led by ex-Amazon's Aaron Martin, raises $150M second fund to double healthcare tech investments
Providence Ventures, led by former Amazon executive Aaron Martin, has raised a second $150 million fund for early-stage healthcare technology investments, doubling its portfolio to $300 million. The firm focuses on companies that align with Providence St. Joseph Health's priorities and has invested in 15 companies from its initial fund.