January 2020 PNW Venture Deals
Here are the PNW startups that announced new fundraising rounds in the month of November. These 23 companies raised ~$180M last month!
Series B and Later Rounds 🚀
- Porch - Home improvement platform designed to connect homeowners with home repair and maintenance providers - $20.6M Series C
- Ventec Life Systems - Multi-function respiratory system combining ventilation, oxygen, cough, suction, and nebulization - $20M Series E
- OceanGate - Manned submersibles for commercial projects, scientific research, and exploration travel - $18M round
- AbSci - rapid and low-cost biomanufacturing for complex biotherapeutics - $10.4M Series D led by KBI Biopharma
- Polyverse - Cyber security company that randomizes Linux binaries to deploy moving target defense strategies - $8M round
Series A Rounds 🛫
- Aspect Biosystems - Microfluidics and 3D bioprinting to create living, human tissue - $20M Series A led by Radical Ventures
- Twistle - Software to help health systems automate personalized education and care communications with their patients - $18M Series A
- TwinStrand Biosciences - Next-gen DNA sequencing with 10,000-fold higher accuracy - $16M Series A led by Madrona
- Powell Software - Collaboration, productivity and governance products for Office 365 - $16M Series A led by Level Equity and CapHorn Invest
- Joy - Wedding planning platform with websites, guest lists, invites, registries, and mobile apps - $9M Series A
Seed Rounds 🌱
- Uplevel - Employee effectiveness platform to empower engineering team managers - $7.5M Seed from Norwest, Madrona, and Voyager
- Alitheon - AI authentication that can distinguish any solid object from visually identical items using computer vision - $3.3M Seed
- Tectonic Audio Labs - Flat panel audio systems for automotive and professional customers - $1.8M round
- Cloud Campaign - Digital platform designed to help marketing agencies scale social media management - $1.7M Seed led by Right Side Capital
- Printforia - Real-time manufacturing and fulfillment for customized apparel - $1.4M Seed
- Q5id - Multifactor biometric enrollment and authentication platform - $1.4M Seed
- Nori - Blockchain-based marketplace for carbon removal - $1.3M Seed
- Riff Cold Brewed - Producer of cold-brewed coffee - $1.2M Seed
- Carbitex - Manufacturer of carbon fiber fabrics - $1M Seed
- Soovu Labs - Wearable device designed to treat lower back and menstrual pain - $800K Seed
- React Mobile - Panic button app and safety platform for the hospitality industry - $750K Seed
- Traxitt - Software to turn IoT sensor data into actionable insights - CAD800K Seed led by 7 Gate Ventures
- StormSensor - Stormwater monitoring platform to prevent flooding and sewage overflows - $600K Seed led by American Family Institute
Some observations on this list:
- The last two months have been slower for fundraising, but expect things to pick back up in February
- There were fewer SaaS companies raising large rounds last month, but what a cool variety of other types of startups…
- For example, you can sign up to try the OceanGate submarines on their weekly dives in Possession Sound and see 3D-printed “human tissues on demand” on the Aspect Biosystems YouTube