Patrick Ennis
Patrick Ennis joined Madrona in 2019 as a venture partner after more than a decade at Intellectual Ventures running startup incubation and technology commercialization, including serving as a founding board member of Evolv Technology. He was earlier a managing director at ARCH Venture Partners for ten years and the founding CTO of Xinova, and began his career at AT&T and Bell Labs after research in nuclear physics.
Madrona Leads Investment in Vinci’s $250M Series B to Build a Foundation Model for Physics
Madrona is investing in Vinci’s $250M Series B because Vinci is building a ‘foundation model for physics’ to speed and lower the cost of hardware design by enabling faster, continuous simulation, validation, and optimization across physical domains.
Impinj CEO Chris Diorio rings Nasdaq bell as RFID chipmaker marks 10th IPO anniversary after growing to $4.2B market cap
Impinj, maker of tiny battery-free RFID chips embedded in over 160 billion items, celebrated the 10th anniversary of its IPO as CEO Chris Diorio rang the Nasdaq bell; the Seattle company commands about two-thirds of its market, grew from a $250 million IPO valuation to a $4.2 billion market cap, but has reported only one profitable year and carries a $400 million accumulated deficit.
Patrick Ennis Joins Madrona Venture Group; Veteran Investor-Scientist with History at Intellectual Ventures, ARCH, Xinova
Patrick Ennis joined Madrona Venture Group in 2019 after a long career as an investor, scientist, and inventor, with prior roles at Intellectual Ventures, Xinova, ARCH Venture Partners, AT&T, and Bell Labs. He has funded and founded multiple startups, served on 25+ boards, emphasizes integrity and continuous learning, and enjoys outdoor and family activities with his three sons.
Yoodli Founders Varun Puri and Esha Joshi Explain AI Roleplays That Train Confident Speaking and Why They Chose Seattle
Yoodli founders Varun Puri and Esha Joshi discuss using AI roleplays as a communications coach to build speaking confidence, share their startup origin, Seattle-based build decision, and applications from sales training to sensitive medical conversations.
Lassen Peak Raises $6M from Madrona to Advance Handheld Terahertz Weapon Detection Device
Lassen Peak, a Bellevue-based startup developing a handheld terahertz radar device for concealed weapon detection, raised $6 million from Madrona Venture Group, bringing its total funding to $32 million. The device aims to improve public safety by enabling law enforcement and others to detect weapons at a distance without physical pat-downs.
Former Intellectual Ventures Leaders Back Tim Londergan’s Tangibly; Seattle Startup Raises $700,000 to Manage Trade Secrets
Tangibly, a Seattle startup led by former Intellectual Ventures exec Tim Londergan, launched to help companies manage enterprise trade secrets and raised $700,000 in a pre-seed round from several former Intellectual Ventures leaders and other tech executives.