A handful of developments made their way onto the Seattle tech scene last week. With companies across industries paving their way to the future, read more to find out the latest news. This is the Built In Seattle weekly refresh.
Arrived Homes secured $37M. With a combination of funding rounds from investors including Core Innovation Capital, Jeff Bezos and Marc Benioff, this company is aiming to make investing in real estate more accessible. Arrived Homes’ platform lets users buy fractional shares of rental properties. Now, it’s planning to invest in pursuing more properties and building out its team in departments like finance, marketing, engineering and design. [Built In Seattle]
Lexion pulled in $11M. Using natural language processing and AI tech, Lexion helps pinpoint the important details in legal documents to turn the text of companies’ contracts into actionable information. With its Series A funding led by Khosla Ventures, Lexion is looking to expand its team and grow its reach. The company is hiring for positions across engineering, product, sales and business development. [Built In Seattle]
Seattle Tech Quote of the Week
Coinme got $10M. With an expansive network of ATMs and its mobile application, cryptocurrency startup Coinme is aiming to make purchasing bitcoin a simpler task. It just raised fresh funding from investors including Digital Currency Group, and is investing the cash to expand into new markets, accelerate product growth and hire new talent. [Built In Seattle]
Lightspeed Microscopy secured $4M. Dynamk Capital led the Series A round for this biotech company that develops tech that helps researchers view high-resolution 3D renderings of tissue cells. It does this by combining chemistry, AI data analysis and microscopy. Lightspeed is investing the capital in the commercialization and growth of its platform. [Built In Seattle]
Amazon is opening a cashier-less store. The tech giant is opening an Amazon Fresh location in Bellevue that will use cameras and sensors to log what people put in their smart carts throughout their grocery trip. After scanning their phones at the entrance, they can walk out through a tech-enabled gate when they’re done. The new store in the city’s Factoria neighborhood will span 25,000 square feet and is located at 3903 Factoria Square Mall SE. [GeekWire]
