Seattle is home to tech innovators of all sizes. Learn what companies are expanding their businesses and teams after a week of funding and other announcements. This is the Built In Seattle Weekly Refresh.
Seattle ranks high for tech talent. Despite current economic conditions, the volume of tech talent in Seattle is thriving, and it is second only to San Francisco in all of North America, according to recent findings from CBRE. Seattle’s tech workforce grew by 28.6 percent between 2017 and 2022, and the city has the second-highest annual wage for tech companies at $172,009. [GeekWire]
Curvafix raised $39M. The Bellevue-based medical device manufacturer secured a fresh round of funding led by MVM Ventures. Its implantable solution works to improve curved bone fixation in pelvic fractures. The capital will help Curvafix expand its treatment and launch its flagship product, IM Implant, across the U.S. [Built In Seattle]
Seattle Tech Quote of the Week
“Imagine a world where data privacy, security and trust are no longer concerns, where software supply chains are transparent and verifiable, and where a new generation of applications can harness the power of zero-knowledge computing to solve some of the most pressing challenges of the digital age. This is the promise of zero-knowledge computing and the reason we are investing in RISC Zero.” — Bart Stephens of Blockchain Capital, RISC Zero investor
RISC Zero secured $40M. Blockchain Capital led the round of Series A funding for RISC Zero, a cybersecurity company that enables developers to build zero-knowledge proof software. Following the raise, the company plans to bring its Bonsai computing program to market, letting developers integrate these software systems into cloud and decentralized environments. The company is also hiring across a range of positions. [Built In Seattle]
Microsoft extends its merger deadline with Activision. Microsoft is in the midst of acquiring Activision, a video game publishing company headquartered in Southern California. The $68.7 billion deal was originally supposed to close in July, but the companies are extending their deadline to October 2023 to ensure any regulatory concerns are fully resolved. [TechCrunch]
