Jan 2, 2020 | Growth & Expansion, Uncategorized
Washington State companies had a banner year when it came to venture capital. According to Pitchbook, 375 deals totaling $3.5 billion were made in 2019, up from $3 billion the year before and $1.7 billion in 2017. Highlights of the VC funding frenzy included Convoy,...
Dec 18, 2019 | Growth & Expansion
Designed for second-stage companies that are trying to get over the hump to continue their exponential growth, the Washington State Department of Commerce has launched its new program, Thrive!. Thrive connects second-stage CEOs with subject matter experts on a range...
Dec 11, 2019 | Aerospace, Clean Energy
While it didn’t take place in Kitty Hawk, the first test flight of MagniX’s all-electric seaplane was a significant milestone, not only for the company but aviation in general. Mounted on a modified Harbour Air de Havilland Beaver, the 750-horsepower Magni500 electric...
Dec 2, 2019 | Agriculture & Food Processing
Move over Honey Crisp and Red Delicious. There’s a new apple in town. Known as the Cosmic Crisp, the Washington-bred apple has been in development for more than two decades and is just reaching supermarket shelves throughout the state this week. According to Bruce...
Nov 19, 2019 | Technology
Automotive technology and Washington State go hand in hand. Just ask Jason Fiorito, whose grandfather built Pacific Raceways in 1959. Home to some of the best professional and amateur racing in the Northwest, the huge expanse of real estate surrounding the track is...
Oct 25, 2019 | Innovation
The Huskies football team may not be giving the University of Washington anything to brag about this year, but Reuters and Clarivate Analytics folks have given the university plenty to brag about. In their annual rankings of the world’s most innovative public and...
Oct 21, 2019 | Growth & Expansion
Two experts at the Allen Institute for Artificial Intelligence have predicted ideal conditions for an explosion of new startups in Washington State. They make a good case. Washington is home to 130 engineering offices and the list is impressive. It includes Adobe,...