Weekly Refresh: Another Funding-Packed Week for Seattle

September 16, 2019

Echodyne raised $20 million from Bill Gates. Echodyne makes radar sensors for drones so they can be used for security purposes. The company was born out of Bellevue-based incubator Intellectual Ventures. It’s raised $64 million in funding to date. [Built In Seattle]

Swiftly raised $15.6 million in seed funding. The money helped Swiftly exit stealth mode after forming last year. Swiftly allows brick-and-mortar stores to develop an operating system, so they can tap into e-commerce functions. These include everything from digital loyalty programs, item subscriptions, in-app shopping lists, to the ability to scan items with a smartphone. [Built In Seattle]

Rammer.ai raised $1.8 million in seed funding. Rammer.ai was in Seattle’s most recent Techstars upstart class. The company uses artificial intelligence and conversational interfaces to generate insights. That means it can do things like transcribe a conversation and use that info to book a meeting or provide follow-up actions. [GeekWire]

Coinme raised $1.5 million as part of its Series A. Coinme is creating a network of cryptocurrency ATMs, and the new funding will help the company grow its network across the U.S. and abroad. To do this, Coinme is reportedly acquiring licenses in 21 more states. [GeekWire]

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