Innovators on the Puget Sound are hard at work building the future of tech for today’s digital age. Seattle tech companies have developed tools to improve software development, provide sustainable food alternatives and more. Investors have helped fuel these solutions with new capital. Check out how these companies are investing their recent funds.
Seattle’s Largest Tech Funding Rounds, February 2023
- Temporal Technologies
- Archway
- Earth Finance
- Rebellyous Foods
- Sentio
#5. $6.4 million, February 21
Newly equipped with $6.4 million for its observability platform, Sentio is growing its solution for decentralized applications. The company provides customers with monitoring, alerting and log management tools for their DApps, ensuring the apps’ smart contracts that handle user assets are less vulnerable to exploits.
#4. $9.5 million, February 3
The foodtech company developed a solution that enables the production of a plant-based alternative to chicken at a similar cost. Its new capital from investors including Liquid 2 Capital will help Rebellyous build out its production tech. Its goal is to increase the availability of plant-based meat alternatives by making them more affordable.
#3. $14 million, February 12
Co-founded by former Washington State Senator Reuven Carlyle, Earth Finance provides businesses with corporate strategy, investment and tech solutions to help them achieve their net-zero carbon emission goals. The round of seed funding came from a batch of private investors.
#2. $15 million, February 28
Archway launched a platform that works to help banks modernize and personalize digital customer interactions. The platform enables community banks to integrate their core products into more modern web, mobile, voice and AI technologies to compete with their global counterparts. Archway’s solution is backed by Madrona and WaFd Bank.
#1. $75 million, February 28
The company’s open-source solution enables engineers to incorporate durable execution into their programs. This method of software development records function executions and makes systems more resistant to failures. Temporal’s funding from Greenoaks, Sequoia Capital and others will help it expand its product, open-source community and team.
